Nitto Kogyo (TSE:6651) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Nitto Kogyo Dividend Payout Ratio?

Nitto Kogyo's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nitto Kogyo Corp is 0.97, which seems too high.

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

TSE:6651' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.37 Max: 0.97
Current: 0.97

During the past 13 years, the highest Dividend Payout Ratio of Nitto Kogyo was 0.97. The lowest was 0.21. And the median was 0.37.

TSE:6651's Dividend Payout Ratio is ranked worse than
89.6% of 1663 companies
in the Industrial Products industry
Industry Median: 0.33 vs TSE:6651: 0.97

As of today (2024-05-24), the Dividend Yield % of Nitto Kogyo is 6.58%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nitto Kogyo was 6.62%. The lowest was 1.73%. And the median was 2.73%.

Nitto Kogyo's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

During the past 12 months, Nitto Kogyo's average Dividends Per Share Growth Rate was 58.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 71.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 38.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitto Kogyo was 71.00% per year. The lowest was -39.40% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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

Nitto Kogyo Dividend Payout Ratio Historical Data

The historical data trend for Nitto Kogyo'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.

Nitto Kogyo Dividend Payout Ratio Chart

Nitto Kogyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.30

0.21

0.30

0.91

0.97

Nitto Kogyo 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															1.00	-	1.25	-	2.49

Competitive Comparison of Nitto Kogyo's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Nitto Kogyo'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.

Nitto Kogyo's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Nitto Kogyo's Dividend Payout Ratio falls into.

Nitto Kogyo Dividend Payout Ratio Calculation

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

Nitto Kogyo'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 )
	=	230	/	236.304
	=	0.97

Nitto Kogyo's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	80.525
	=	0.00

Nitto Kogyo (TSE:6651) 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.

Nitto Kogyo Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nitto Kogyo's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nitto Kogyo (TSE:6651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitto Kogyo Corp (TSE:6651) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

6651:Japan

Address

2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189

Website

https://www.nito.co.jp

Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.

Nitto Kogyo (TSE:6651) Headlines

No Headlines