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Dynic Corporation produces and sells fabric and apparel products in Japan. It provides publishing, stationery, and fancy products; print media supplies; nonwoven fabric products; industrial products; special embossed products; foils, films, and paper products; and environmentally friendly products, as well as products for home. The company also offers book binding cloth, cloth for stationery paper goods, various bags/backpacks/purses made from simulated leather, computer ribbons, fine films, cloth for magnetic passbooks, various types of printing materials, business card and postcard printers, and moisture getters for organic ELs. In addition, it provides materials for automobile interiors, filters, fusible interlinings for clothing, tarpaulins, and aluminum foils and composite films for food containers, as well as interior decorating items, including carpets and wallpapers. The company was formerly known as Nippon Cloth Industry Co., Ltd. and changed its name to Dynic Corporation in 1974. Dynic Corporation was founded in 1919 and is headquartered in Kyoto, Japan.

Dynic Dividend Announcement

• Dynic announced a annually dividend of ¥30.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Dynic's trailing twelve-month (TTM) dividend yield is 3.39%

Dynic Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥30.00annually2025-06-01
2024-03-28¥25.00annually
2023-03-30¥25.00annually2023-06-28
2022-03-30¥25.00annually2022-06-29
2021-03-30¥25.00annually2021-06-28
2020-03-30¥5.00annually2020-06-29
2019-03-27¥25.00annually2019-06-27
2018-03-28¥25.00annually2018-06-28
2017-03-29¥5.00annually2017-06-29
2016-03-29¥5.00annually
2015-03-27¥5.00annually
2014-03-27¥5.00annually

Dynic Dividend per year

Dynic Dividend growth

Dynic Dividend Yield

Dynic current trailing twelve-month (TTM) dividend yield is 3.39%. Interested in purchasing Dynic stock? Use our calculator to estimate your expected dividend yield:

Dynic Financial Ratios

P/E ratio5.84
PEG ratio-1.72
P/B ratio0.25
ROE4.41%
Payout ratio0.00%
Current ratio1.17
Quick ratio0.80
Cash Ratio0.20

Dynic Dividend FAQ

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