CTS Co (TSE:4345) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is CTS Co Dividend Payout Ratio?

CTS Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

TSE:4345' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.37 Max: 0.45
Current: 0.43

During the past 13 years, the highest Dividend Payout Ratio of CTS Co was 0.45. The lowest was 0.31. And the median was 0.37.

TSE:4345's Dividend Payout Ratio is ranked worse than
52.78% of 521 companies
in the Business Services industry
Industry Median: 0.4 vs TSE:4345: 0.43

As of today (2024-05-21), the Dividend Yield % of CTS Co is 2.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CTS Co was 4.02%. The lowest was 0.73%. And the median was 1.92%.

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

During the past 12 months, CTS Co's average Dividends Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CTS Co was 35.70% per year. The lowest was -5.80% per year. And the median was 23.40% per year.

The growth rate is calculated with least square regression.

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

CTS Co Dividend Payout Ratio Historical Data

The historical data trend for CTS 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.

CTS Co Dividend Payout Ratio Chart

CTS Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.45

0.42

0.38

0.40

0.43

CTS Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.82	-	0.95	-

Competitive Comparison of CTS Co's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, CTS 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.

CTS Co's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CTS Co's Dividend Payout Ratio distribution charts can be found below:

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

CTS Co Dividend Payout Ratio Calculation

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

CTS Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	17	/	39.623
	=	0.43

CTS Co'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	/	13.946
	=	0.00

CTS Co (TSE:4345) 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.

CTS Co Dividend Payout Ratio Related Terms

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

CTS Co (TSE:4345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CTS Co Ltd (TSE:4345) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 Kuriyasu, Nagano Prefecture, Ueda, JPN

Website

http://www.cts-h.co.jp

CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company offers products and services on rental basis specialized in the industry such as system equipment and communication lines. Its product offerings include cloud solution, color multi-function machine, inkjet printer, network cameras, personal computers equipped with functions suitable for the application, focusing on business models, among others.

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