Joshin Denki Co., Ltd. engages in the sale, delivery, installation, maintenance, and repair of home appliances, information and communication equipment, entertainment products, and housing equipment and related products. It operates through a network of 220 stores and 24 service centers in Japan. The company was formerly known as Joshin Denki Sangyo Co., Ltd. and changed its name to Joshin Denki Co., Ltd. in April 1958. Joshin Denki Co., Ltd. was founded in 1948 and is headquartered in Osaka, Japan.
Joshin Denki Dividend Announcement
• Joshin Denki announced a annually dividend of ¥100.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Joshin Denki's trailing twelve-month (TTM) dividend yield is 3.95%
Joshin Denki Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-03-28 | ¥100.00 | annually | 2025-06-01 |
| 2024-03-28 | ¥90.00 | annually | |
| 2023-03-30 | ¥75.00 | annually | 2023-06-28 |
| 2022-03-30 | ¥75.00 | annually | 2022-06-27 |
| 2021-03-30 | ¥75.00 | annually | 2021-06-23 |
| 2020-03-30 | ¥50.00 | annually | 2020-06-24 |
| 2019-03-27 | ¥50.00 | annually | 2019-06-26 |
| 2018-03-28 | ¥10.00 | annually | 2018-06-27 |
| 2017-03-29 | ¥16.00 | annually | 2017-06-28 |
| 2016-03-29 | ¥16.00 | annually | |
| 2015-03-27 | ¥16.00 | annually | |
| 2014-03-27 | ¥16.00 | annually |
Joshin Denki Dividend per year
Joshin Denki Dividend growth
Joshin Denki Dividend Yield
Joshin Denki current trailing twelve-month (TTM) dividend yield is 3.95%. Interested in purchasing Joshin Denki stock? Use our calculator to estimate your expected dividend yield:
Joshin Denki Financial Ratios
P/E ratio14.96
PEG ratio1.06
P/B ratio0.57
ROE3.84%
Payout ratio0.00%
Current ratio1.60
Quick ratio0.56
Cash Ratio0.05
Joshin Denki Dividend FAQ
Does Joshin Denki stock pay dividends?
Joshin Denki does not currently pay dividends to its shareholders.
Has Joshin Denki ever paid a dividend?
No, Joshin Denki has no a history of paying dividends to its shareholders. Joshin Denki is not known for its dividend payments.
Why doesn't Joshin Denki pay dividends?
There are several potential reasons why Joshin Denki 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 Joshin Denki 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 Joshin Denki 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 Joshin Denki a dividend aristocrat?
Joshin Denki 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 Joshin Denki a dividend king?
Joshin Denki 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 Joshin Denki a dividend stock?
No, Joshin Denki 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 Joshin Denki stocks?
To buy Joshin Denki 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 Joshin Denki 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 Joshin Denki 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.