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Laox CO., LTD. operates a network of general tax free stores in Japan. It is also involved in inbound, global, life and fashion, and entertainment businesses. The company's inbound business provides various products, such as cosmetics, household products, electric home appliances, and health foods, as well as engages in online retailing for domestic customers. Its global business is involved in cross-border electronic commerce and foreign trade businesses; and the operation of a restaurant guide application for tourists. The company's life and fashion business manufactures and sells women's shoes, and gift-related products at physical and online stores. Its entertainment business operates restaurants and entertainment facilities; manages and operates cultural events; develops commercial facilities; manages events and businesses in commercial facilities; and provides real property management services. The company was founded in 1930 and is headquartered in Tokyo, Japan. Laox CO., LTD. is a subsidiary of Suning.Com Co., Ltd.

Laox Dividend Announcement

• Laox announced a annually dividend of ¥5.00 per ordinary share which will be made payable on . Ex dividend date: 2005-03-28
• Laox's trailing twelve-month (TTM) dividend yield is -%

Laox Dividend History

Ex-Div dateDividend amountDividend typePay date
2005-03-28¥5.00annually
2004-03-26¥5.00annually

Laox Dividend per year

Laox Dividend Yield

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

Laox Financial Ratios

P/E ratio-918.98
PEG ratio13.66
P/B ratio0.78
ROE-0.09%
Payout ratio0.00%
Current ratio2.03
Quick ratio1.58
Cash Ratio0.67

Laox Dividend FAQ

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