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Meiji Machine Co., Ltd. engages in the manufacture and sale of machines for milling grains in Japan. The company offers mills, classification machines, separators, mixers, transportation equipment, pneumatic machinery, processing equipment, bag-opening equipment, rollers, microwave tempering machines, scales, automatic packaging and weighing machines, and various other machines. It also manufactures and constructs equipment and plants in related fields. In addition, the company is involved in the solar power generation business; development of mechanical parking garage systems. Further, the company operates as an agent for LED lighting products, as well as GAINA, a heat-insulating paint. The company was formerly known as Yamakoshi Machinery Co., Ltd. and changed its name to Meiji Machine Co., Ltd. in 1948. Meiji Machine Co., Ltd. was founded in 1899 and is headquartered in Tokyo, Japan.

Meiji Machine Dividend Announcement

• Meiji Machine announced a annually dividend of ¥4.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Meiji Machine's trailing twelve-month (TTM) dividend yield is 1.27%

Meiji Machine Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥4.00annually2025-06-01
2024-03-28¥4.00annually
2023-03-30¥2.00annually2023-06-28
2020-03-30¥1.00annually2020-06-25
2019-03-27¥4.00annually2019-06-27
2018-03-28¥4.00annually2018-06-28
2017-03-29¥2.00annually2017-06-29

Meiji Machine Dividend per year

Meiji Machine Dividend growth

Meiji Machine Dividend Yield

Meiji Machine current trailing twelve-month (TTM) dividend yield is 1.27%. Interested in purchasing Meiji Machine stock? Use our calculator to estimate your expected dividend yield:

Meiji Machine Financial Ratios

P/E ratio18.04
PEG ratio0.18
P/B ratio1.22
ROE6.56%
Payout ratio0.00%
Current ratio1.72
Quick ratio1.38
Cash Ratio1.03

Meiji Machine Dividend FAQ

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