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Koito Manufacturing Co., Ltd. manufactures and markets automotive lighting equipment, electrical equipment, and other products in Japan, North America, China, rest of Asia, Europe, and internationally. The company provides automotive lighting products and accessories, including LED, discharge, and halogen headlamps, as well as fog lamps; and signaling lamps/other lighting products comprising LED rear combination, side turn signal, and high-mounted stop lamps. It also offers aircraft lighting and other equipment, such as interior and exterior lights, and caution warning panels, as well as electrical, hydraulic, and mechanical equipment; and ship lights/special products consisting of LED marine lamps and destination indicators. In addition, it manufactures and markets electronic components, electrical devices, telecommunications equipment, precision machinery, miniature bulbs, electrical equipment, resin metal molds, railroad car control equipment, and road traffic signals and traffic control systems, as well as seats for railroad cars, etc. Further, the company provides transportation and logistics, and insurance agency services; and maintains traffic signals and safety equipment. Koito Manufacturing Co., Ltd. was founded in 1915 and is headquartered in Tokyo, Japan.

Koito Manufacturing Dividend Announcement

• Koito Manufacturing announced a semi annually dividend of $0.13 per ordinary share which will be made payable on 2023-12-20. Ex dividend date: 2023-09-28
• Koito Manufacturing annual dividend for 2023 was $0.21
• Koito Manufacturing's trailing twelve-month (TTM) dividend yield is -%
• Koito Manufacturing's payout ratio for the trailing twelve months (TTM) is 47.72%

Koito Manufacturing Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-09-28$0.13semi annually2023-12-20
2023-03-30$0.08semi annually2023-07-17
2022-09-29$0.13semi annually2022-12-20

Koito Manufacturing Dividend per year

Koito Manufacturing Dividend Yield

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

Koito Manufacturing Financial Ratios

P/E ratio17.66
PEG ratio0.01
P/B ratio0.88
ROE5.11%
Payout ratio47.72%
Current ratio3.14
Quick ratio2.60
Cash Ratio0.58

Koito Manufacturing Dividend FAQ

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