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Mynet Inc. provides game services in Japan. It develops various games; and provides sports DX, marketing, and AI/data services. The company was incorporated in 2006 and is based in Tokyo, Japan.

Mynet Dividend Announcement

Mynet announced a semi annually dividend of ¥6.00 per ordinary share which will be made payable on . Ex dividend date: 2022-12-29
Mynet's trailing twelve-month (TTM) dividend yield is -%

Mynet Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-12-29¥6.00semi annually
2022-06-29¥6.00semi annually2022-09-01
2021-12-29¥6.00semi annually2022-03-30

Mynet Dividend per year

Mynet Dividend Yield

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

Mynet Financial Ratios

P/E ratio10.90
PEG ratio-0.11
P/B ratio2.21
ROE23.13%
Payout ratio0.00%
Current ratio2.16
Quick ratio2.16
Cash Ratio1.27

Mynet Dividend FAQ

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