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Hokuriku Electric Industry Co.,Ltd. develops, manufactures, and sells electronic components in Japan and internationally. It offers pressure sensors, force sensors, pressure sensor modules, barometric pressure sensors, humidity sensors elements and modules; circuit modules, DC/DC converters, and low power RF transceiver modules and modems; high frequency components; piezoelectric speakers and actuators; chip fixed resistors and network chip fixed resistors; and metal plate chip fixed resistors. The company also provides fixed metal film, fixed metal oxide film, and fixed carbon film resistors; chip type and miniature cermet trimmer potentiometers; glass sealed radial lead, glass sealed axial lead, epoxy resin coated radial lead thermistors; tactile switches; and printed circuit boards. Its products are used in mobile communication, digital/PC, car electronic, and home electronic applications. The company was incorporated in 1943 and is based in Toyama, Japan.

Hokuriku Electric Industry Dividend Announcement

Hokuriku Electric Industry announced a annually dividend of ¥80.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
Hokuriku Electric Industry's trailing twelve-month (TTM) dividend yield is 3.67%

Hokuriku Electric Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥80.00annually2025-06-01
2024-03-28¥60.00annually
2023-03-30¥55.00annually2023-06-30
2022-03-30¥40.00annually2022-06-30
2021-03-30¥30.00annually2021-06-28
2020-03-30¥30.00annually2020-06-29
2019-03-27¥30.00annually2019-06-28
2018-03-28¥30.00annually2018-06-29
2017-03-29¥3.00annually2017-06-30
2016-03-29¥4.00annually
2015-03-27¥4.00annually
2014-03-27¥3.00annually

Hokuriku Electric Industry Dividend per year

Hokuriku Electric Industry Dividend growth

Hokuriku Electric Industry Dividend Yield

Hokuriku Electric Industry current trailing twelve-month (TTM) dividend yield is 3.67%. Interested in purchasing Hokuriku Electric Industry stock? Use our calculator to estimate your expected dividend yield:

Hokuriku Electric Industry Financial Ratios

P/E ratio5.11
PEG ratio-0.09
P/B ratio0.63
ROE13.02%
Payout ratio0.00%
Current ratio2.45
Quick ratio1.69
Cash Ratio0.89

Hokuriku Electric Industry Dividend FAQ

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