Daitobo Co., Ltd. engages in the fashion apparel and uniform, commercial facility/real estate, healthcare, and other related businesses in Japan and internationally. The company offers textile fabric OEM and knit ODM services; value-added and Chinese materials; and wool, cotton, and synthetic fiber uniforms, as well as uniforms for government agencies. It also invests in and develops commercial facilities; rents housing; and purchases and sells real estate properties. In addition, the company engages in the manufacture of health related materials, including sleeping products under the EWOOL name, as well as other value added products under the Mixley Wool brand name; sale and wholesale of futon type home medical equipment; and provision of health-related food products under the Kenyosen and SpoLife LN2 names. Further, it provides OEM services primarily in China; and general bedding products. The company was formerly known as Daito Woolen Spinning & Weaving Co Ltd and changed its name to Daitobo Co., Ltd. in September 2016. Daitobo Co., Ltd. was founded in 1896 and is headquartered in Tokyo, Japan.
Daitobo Dividend Announcement
• Daitobo announced a annually dividend of ¥3.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Daitobo's trailing twelve-month (TTM) dividend yield is 1.98%
Daitobo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥3.00 | annually | 2025-06-01 |
2024-03-28 | ¥2.00 | annually | 2024-06-25 |
2023-03-30 | ¥1.00 | annually | 2023-06-26 |
Daitobo Dividend per year
Daitobo Dividend growth
Daitobo Dividend Yield
Daitobo current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing Daitobo stock? Use our calculator to estimate your expected dividend yield:
Daitobo Financial Ratios
Daitobo Dividend FAQ
Other factors to consider when evaluating Daitobo as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Daitobo's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Daitobo publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Daitobo distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Daitobo are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Daitobo sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Daitobo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daitobo declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Daitobo's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Daitobo's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.