Table of Contents

company-logo

Advanex Inc., together with its subsidiaries, engages in the manufacture and sale of precision springs in Japan and internationally. It offers wire springs, including compression, extension, torsion, conical, and wire forming springs; and flat springs, such as precision presses, multi formings, forging presses, and insert collars. The company also provides deep drawings; insert moldings; spring assemblies; and standard products comprising tangles inserts, tangles inserts kits, LockOne, and instant lock products; and HEATNEX, a heat-generating material. It serves antenna and general electrical manufacturers; heavy electrical, plastic parts, switch, and bearing manufacturers; medical equipment manufacturers; and other industrial equipment manufacturers. The company was formerly known as Kato Spring Works Co., Ltd. and changed its name to Advanex Inc. in July 2001. Advanex Inc. was founded in 1930 and is headquartered in Tokyo, Japan.

Advanex Dividend Announcement

• Advanex announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
• Advanex's trailing twelve-month (TTM) dividend yield is 2.52%

Advanex Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥20.00annually
2023-03-30¥12.00annually2023-06-30
2022-03-30¥10.00annually2022-06-29
2021-03-30¥10.00annually2021-06-30
2020-06-29¥10.00annually2020-09-25
2020-03-30¥10.00annually
2019-03-27¥30.00annually2019-06-26
2018-03-28¥30.00annually2018-06-22
2017-03-29¥30.00annually2017-06-23
2016-03-29¥35.00annually
2015-03-27¥3.00annually
2014-03-27¥2.00annually

Advanex Dividend per year

Advanex Dividend growth

Advanex Dividend Yield

Advanex current trailing twelve-month (TTM) dividend yield is 2.52%. Interested in purchasing Advanex stock? Use our calculator to estimate your expected dividend yield:

Advanex Financial Ratios

P/E ratio-36.95
PEG ratio1.39
P/B ratio0.37
ROE-1.07%
Payout ratio0.00%
Current ratio1.10
Quick ratio0.81
Cash Ratio0.41

Advanex Dividend FAQ

Does Advanex stock pay dividends?
Advanex does not currently pay dividends to its shareholders.
Has Advanex ever paid a dividend?
No, Advanex has no a history of paying dividends to its shareholders. Advanex is not known for its dividend payments.
Why doesn't Advanex pay dividends?
There are several potential reasons why Advanex would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Advanex ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Advanex has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Advanex a dividend aristocrat?
Advanex is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Advanex a dividend king?
Advanex is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Advanex a dividend stock?
No, Advanex is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Advanex stocks?
To buy Advanex you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Advanex stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.