Daido Steel Co (TSE:5471) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Daido Steel Co Dividend Payout Ratio?

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

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

TSE:5471' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.23 Max: 0.34
Current: 0.34

During the past 13 years, the highest Dividend Payout Ratio of Daido Steel Co was 0.34. The lowest was 0.12. And the median was 0.23.

TSE:5471's Dividend Payout Ratio is ranked worse than
53.38% of 311 companies
in the Steel industry
Industry Median: 0.29 vs TSE:5471: 0.34

As of today (2024-05-21), the Dividend Yield % of Daido Steel Co is 2.85%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Daido Steel Co was 5.68%. The lowest was 0.49%. And the median was 1.65%.

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

During the past 3 years, the average Dividends Per Share Growth Rate was 87.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daido Steel Co was 87.30% per year. The lowest was -37.00% 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.

Daido Steel Co Dividend Payout Ratio Historical Data

The historical data trend for Daido Steel 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.

Daido Steel Co Dividend Payout Ratio Chart

Daido Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.22

0.21

0.29

0.27

0.33

Daido Steel 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															0.80	-	0.62	-	0.92

Competitive Comparison of Daido Steel Co's Dividend Payout Ratio

For the Steel subindustry, Daido Steel 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.

Daido Steel Co's Dividend Payout Ratio Distribution in the Steel Industry

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

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

Daido Steel Co Dividend Payout Ratio Calculation

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

Daido Steel 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 )
	=	46	/	139.04
	=	0.33

Daido Steel 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	/	45.892
	=	0.00

Daido Steel Co (TSE:5471) 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.

Daido Steel Co Dividend Payout Ratio Related Terms

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

Daido Steel Co (TSE:5471) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Daido Steel Co Ltd (TSE:5471) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

DDL:Germany

Address

1-10, Higashisakura 1-chome, Higashi-ku, Nagoya, Aichi, JPN, 461-8581

Website

http://www.daido.co.jp

Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.

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