Dijet Industrial Co., Ltd. engages in the manufacture and sale of cemented carbide tools worldwide. It offers tuff modular system, drill, indexable and solid end mill, face mill, coated and non-coated inserts, sintered CBN and diamond inserts, cermet inserts, and wear and impact resistant tool products. The company was formerly known as Hyakunen Industrial Co., Ltd. and changed its name to Dijet Industrial Co., Ltd. in June 1954. Dijet Industrial Co., Ltd. was founded in 1938 and is headquartered in Osaka, Japan.
Dijet Industrial Dividend Announcement
• Dijet Industrial 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
• Dijet Industrial's trailing twelve-month (TTM) dividend yield is 3.59%
Dijet Industrial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-03-28 | ¥25.00 | annually | 2025-06-01 |
| 2024-03-28 | ¥25.00 | annually | |
| 2023-03-30 | ¥25.00 | annually | 2023-06-29 |
| 2022-03-30 | ¥15.00 | annually | 2022-06-29 |
| 2020-03-30 | ¥15.00 | annually | 2020-06-29 |
| 2019-03-27 | ¥5.00 | annually | 2019-06-26 |
| 2018-03-28 | ¥30.00 | annually | 2018-06-28 |
| 2017-03-29 | ¥4.00 | annually | 2017-06-29 |
| 2016-03-29 | ¥4.00 | annually | |
| 2015-03-27 | ¥3.00 | annually | |
| 2014-03-27 | ¥3.00 | annually | |
| 2013-03-27 | ¥3.00 | annually |
Dijet Industrial Dividend per year
Dijet Industrial Dividend growth
Dijet Industrial Dividend Yield
Dijet Industrial current trailing twelve-month (TTM) dividend yield is 3.59%. Interested in purchasing Dijet Industrial stock? Use our calculator to estimate your expected dividend yield:
Dijet Industrial Financial Ratios
P/E ratio-11.46
PEG ratio0.04
P/B ratio0.26
ROE-2.35%
Payout ratio0.00%
Current ratio2.24
Quick ratio1.01
Cash Ratio0.48
Dijet Industrial Dividend FAQ
Does Dijet Industrial stock pay dividends?
Dijet Industrial does not currently pay dividends to its shareholders.
Has Dijet Industrial ever paid a dividend?
No, Dijet Industrial has no a history of paying dividends to its shareholders. Dijet Industrial is not known for its dividend payments.
Why doesn't Dijet Industrial pay dividends?
There are several potential reasons why Dijet Industrial 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.
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 Dijet Industrial 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 Dijet Industrial 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 Dijet Industrial a dividend aristocrat?
Dijet Industrial 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 Dijet Industrial a dividend king?
Dijet Industrial 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 Dijet Industrial a dividend stock?
No, Dijet Industrial 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 Dijet Industrial stocks?
To buy Dijet Industrial 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 Dijet Industrial 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.
Place an order: Use the brokerage's trading platform to place an order to buy Dijet Industrial 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.