Hokuriku Gas Co.,Ltd. operates gas business in Japan. The company produces, sells, and supplies gas to customers in Niigata, Nagaoka, Sanjo, Kashiwazaki, and Kamo cities, as well as in Tagami town and Kariwa village. It also undertakes gas construction contracts; and sells gas appliances. The company was incorporated in 1913 and is headquartered in Niigata, Japan.
Hokuriku Gas Dividend Announcement
• Hokuriku Gas announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
• Hokuriku Gas's trailing twelve-month (TTM) dividend yield is 2.23%
Hokuriku Gas Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-03-28 | ¥0.00 | annually | |
| 2024-03-28 | ¥80.00 | annually | |
| 2023-03-30 | ¥80.00 | annually | 2023-06-26 |
| 2022-03-30 | ¥80.00 | annually | 2022-06-24 |
| 2021-03-30 | ¥80.00 | annually | 2021-06-25 |
| 2020-03-30 | ¥80.00 | annually | 2020-06-29 |
| 2019-03-27 | ¥80.00 | annually | 2019-06-28 |
| 2018-03-28 | ¥80.00 | annually | 2018-06-29 |
| 2017-03-29 | ¥80.00 | annually | 2017-06-30 |
| 2016-03-29 | ¥8.00 | annually | |
| 2015-03-27 | ¥8.00 | annually | |
| 2014-03-27 | ¥8.00 | annually |
Hokuriku Gas Dividend per year
Hokuriku Gas Dividend growth
Hokuriku Gas Dividend Yield
Hokuriku Gas current trailing twelve-month (TTM) dividend yield is 2.23%. Interested in purchasing Hokuriku Gas stock? Use our calculator to estimate your expected dividend yield:
Hokuriku Gas Financial Ratios
P/E ratio19.97
PEG ratio-0.49
P/B ratio0.35
ROE1.78%
Payout ratio0.00%
Current ratio1.74
Quick ratio1.74
Cash Ratio1.08
Hokuriku Gas Dividend FAQ
Does Hokuriku Gas stock pay dividends?
Hokuriku Gas does not currently pay dividends to its shareholders.
Has Hokuriku Gas ever paid a dividend?
No, Hokuriku Gas has no a history of paying dividends to its shareholders. Hokuriku Gas is not known for its dividend payments.
Why doesn't Hokuriku Gas pay dividends?
There are several potential reasons why Hokuriku Gas 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 Hokuriku Gas 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 Gas 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 Gas a dividend aristocrat?
Hokuriku Gas 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 Gas a dividend king?
Hokuriku Gas 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 Gas a dividend stock?
No, Hokuriku Gas 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 Gas stocks?
To buy Hokuriku Gas 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 Gas 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 Hokuriku Gas 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.