Tomoegawa (TSE:3878) Dividend Payout Ratio : 0.66 (As of Mar. 2024)

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What is Tomoegawa Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tomoegawa's Dividend Payout Ratio for the months ended in Mar. 2024 was 0.66.

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

TSE:3878' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.28 Max: 1.03
Current: 0.2

During the past 13 years, the highest Dividend Payout Ratio of Tomoegawa was 1.03. The lowest was 0.11. And the median was 0.28.

TSE:3878's Dividend Payout Ratio is ranked better than
68.38% of 136 companies
in the Forest Products industry
Industry Median: 0.315 vs TSE:3878: 0.20

As of today (2024-10-09), the Dividend Yield % of Tomoegawa is 2.06%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tomoegawa was 5.02%. The lowest was 1.32%. And the median was 2.22%.

Tomoegawa's Dividends per Share for the months ended in Mar. 2024 was 円15.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tomoegawa was -15.70% per year. The lowest was -15.70% per year. And the median was -15.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Tomoegawa Dividend Payout Ratio Historical Data

The historical data trend for Tomoegawa'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.

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Tomoegawa Dividend Payout Ratio Chart

Tomoegawa Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.50

0.11

0.13

0.19

Tomoegawa 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															-	-	-	-	0.66

Competitive Comparison of Tomoegawa's Dividend Payout Ratio

For the Paper & Paper Products subindustry, Tomoegawa'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.

Tomoegawa's Dividend Payout Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tomoegawa's Dividend Payout Ratio distribution charts can be found below:

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

Tomoegawa Dividend Payout Ratio Calculation

Tomoegawa'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 )
	=	15	/	78.183
	=	0.19

Tomoegawa'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 )
	=	15	/	22.632
	=	0.66

Tomoegawa (TSE:3878) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Tomoegawa Dividend Payout Ratio Related Terms

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Tomoegawa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Tomoegawa Corp (TSE:3878) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-3 Kyobashi, 7th Floor, KYOBASHI Trust Tower, Chuo-ku, Tokyo, JPN, 104-8335

Website

https://www.tomoegawa.co.jp

Tomoegawa Corp manufactures, processes, and sells electronics parts, display parts, fine particles, functional sheets, and specialty paper products. It offers clear hard coat films for screen protection of mobile devices; adhesive tapes for circuit boards; and lids for hermetic seal package, as well as electrostatic chuck for LSI and LCD manufacturing process. The company also provides display component materials; and display film products. It offers fine particle materials, such as magnetic toners, non-magnetic toners, full color toners; information printing materials comprising inkjet; and special fiber sheets, including stainless fiber sheets, fluorine fiber sheets. Further, it provides ultra-lightweight printing papers; and insulating papers, conductive papers, absorbing papers.

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