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Daido Kogyo Co., Ltd. manufactures and sells various chains, rims/wheels, conveyor systems, and welfare equipment under the D.I.D brand name in Japan and internationally. It offers motorcycle products, including drive chains and aluminum rims; timing chains used in motorcycle engines to transmit the rotation; spokes, wheels, and other parts; and handle pipes. The company also provides industrial machinery chains, such as transmission chains, transport chains, and conveyor chains used in various fields, including transportation, chemistry, construction equipment, and agricultural equipment; powder and bulk, environmental, and steelmaking conveyor systems used in steelmaking fields and rolling equipment; and vacuum conveyor products. In addition, it offers chairlift for stairs; wheelchair stair lifts; and stair-assist handrails. The company was formerly known as Daido Chain Co.,Ltd. and changed its name to Daido Kogyo Co., Ltd. in December 1938. Daido Kogyo Co., Ltd. was founded in 1933 and is headquartered in Kaga, Japan.

Daido Kogyo Dividend Announcement

• Daido Kogyo announced a annually dividend of ¥25.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Daido Kogyo's trailing twelve-month (TTM) dividend yield is 2.01%

Daido Kogyo Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥25.00annually2025-06-01
2024-03-28¥15.00annually
2023-03-30¥15.00annually2023-06-26
2022-03-30¥35.00annually2022-06-27
2021-03-30¥15.00annually2021-06-25
2020-03-30¥15.00annually2020-06-29
2019-03-27¥35.00annually2019-06-26
2018-03-28¥35.00annually2018-06-27
2017-03-29¥7.00annually2017-06-28
2016-03-29¥5.00annually
2015-03-27¥5.00annually
2014-03-27¥1.00annually

Daido Kogyo Dividend per year

Daido Kogyo Dividend growth

Daido Kogyo Dividend Yield

Daido Kogyo current trailing twelve-month (TTM) dividend yield is 2.01%. Interested in purchasing Daido Kogyo stock? Use our calculator to estimate your expected dividend yield:

Daido Kogyo Financial Ratios

P/E ratio22.13
PEG ratio0.61
P/B ratio0.25
ROE1.13%
Payout ratio0.00%
Current ratio2.06
Quick ratio1.30
Cash Ratio0.49

Daido Kogyo Dividend FAQ

Does Daido Kogyo stock pay dividends?
Daido Kogyo does not currently pay dividends to its shareholders.
Has Daido Kogyo ever paid a dividend?
No, Daido Kogyo has no a history of paying dividends to its shareholders. Daido Kogyo is not known for its dividend payments.
Why doesn't Daido Kogyo pay dividends?
There are several potential reasons why Daido Kogyo 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 Daido Kogyo 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 Daido Kogyo 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 Daido Kogyo a dividend aristocrat?
Daido Kogyo 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 Daido Kogyo a dividend king?
Daido Kogyo 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 Daido Kogyo a dividend stock?
No, Daido Kogyo 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 Daido Kogyo stocks?
To buy Daido Kogyo 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 Daido Kogyo 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.