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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 ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
• Daitobo's trailing twelve-month (TTM) dividend yield is 2.0%

Daitobo Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥2.00annually
2023-03-30¥1.00annually2023-06-26

Daitobo Dividend per year

Daitobo Dividend growth

Daitobo Dividend Yield

Daitobo current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Daitobo stock? Use our calculator to estimate your expected dividend yield:

Daitobo Financial Ratios

P/E ratio21.41
PEG ratio0.11
P/B ratio0.61
ROE2.88%
Payout ratio0.00%
Current ratio1.43
Quick ratio0.89
Cash Ratio0.60

Daitobo Dividend FAQ

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