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Tokyo Steel Manufacturing Co (TSE:5423) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Tokyo Steel Manufacturing Co Dividend Payout Ratio?

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

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

TSE:5423' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.12   Max: 0.31
Current: 0.19


During the past 13 years, the highest Dividend Payout Ratio of Tokyo Steel Manufacturing Co was 0.31. The lowest was 0.06. And the median was 0.12.

TSE:5423's Dividend Payout Ratio is ranked better than
67.85% of 311 companies
in the Steel industry
Industry Median: 0.29 vs TSE:5423: 0.19

As of today (2024-05-21), the Dividend Yield % of Tokyo Steel Manufacturing Co is 3.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tokyo Steel Manufacturing Co was 3.12%. The lowest was 0.31%. And the median was 1.31%.

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

During the past 12 months, Tokyo Steel Manufacturing Co's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 46.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 33.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 29.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tokyo Steel Manufacturing Co was 71.00% per year. The lowest was -41.50% per year. And the median was 17.00% per year.

The growth rate is calculated with least square regression.

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


Tokyo Steel Manufacturing Co Dividend Payout Ratio Historical Data

The historical data trend for Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co Dividend Payout Ratio Chart

Tokyo Steel Manufacturing Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.31 0.09 0.15 0.20

Tokyo Steel Manufacturing 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 - 0.40 - 0.47

Competitive Comparison of Tokyo Steel Manufacturing Co's Dividend Payout Ratio

For the Steel subindustry, Tokyo Steel Manufacturing 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.


Tokyo Steel Manufacturing Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Dividend Payout Ratio distribution charts can be found below:

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



Tokyo Steel Manufacturing Co Dividend Payout Ratio Calculation

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

Tokyo Steel Manufacturing 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 )
=50/ 253.51
=0.20

Tokyo Steel Manufacturing 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/ 60.045
=0.00

* 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.


Tokyo Steel Manufacturing Co (TSE:5423) 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.


Tokyo Steel Manufacturing Co Dividend Payout Ratio Related Terms

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


Tokyo Steel Manufacturing Co (TSE:5423) Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki-Tokyu Bldg 15th Floor,, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company primarily engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates most of its revenue from the Japanese domestic market.

Tokyo Steel Manufacturing Co (TSE:5423) Headlines

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