MAX Co (TSE:6454) Dividend Payout Ratio : 1.83 (As of Mar. 2024)

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What is MAX Co Dividend Payout Ratio?

MAX Co's dividend payout ratio for the months ended in Mar. 2024 was 1.83.

The historical rank and industry rank for MAX Co's Dividend Payout Ratio or its related term are showing as below:

TSE:6454' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.46 Max: 0.54
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of MAX Co was 0.54. The lowest was 0.41. And the median was 0.46.

TSE:6454's Dividend Payout Ratio is ranked worse than
65.63% of 1664 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:6454: 0.45

As of today (2024-05-15), the Dividend Yield % of MAX Co is 2.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of MAX Co was 4.17%. The lowest was 2.01%. And the median was 2.92%.

MAX Co's Dividends per Share for the months ended in Mar. 2024 was 円101.00.

During the past 12 months, MAX Co's average Dividends Per Share Growth Rate was 29.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MAX Co was 28.10% per year. The lowest was 0.90% per year. And the median was 4.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

MAX Co Dividend Payout Ratio Historical Data

The historical data trend for MAX Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MAX Co Dividend Payout Ratio Chart

MAX Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.41

0.47

0.50

0.48

0.45

MAX Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.98	-	-	-	1.83

Competitive Comparison of MAX Co's Dividend Payout Ratio

For the Tools & Accessories subindustry, MAX Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MAX Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MAX Co's Dividend Payout Ratio falls into.

MAX Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

MAX Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	101	/	224.678
	=	0.45

MAX Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	101	/	55.086
	=	1.83

MAX Co (TSE:6454) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

MAX Co Dividend Payout Ratio Related Terms

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MAX Co (TSE:6454) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MAX Co Ltd (TSE:6454) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502

Website

http://www.max-ltd.co.jp

MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.

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