New Cosmos Electric Co.,Ltd. researches, develops, manufactures, and sells various products based on gas sensor technology in Japan. It offers portable gas detectors, such as combustible gas, oxygen, toxic gas, multi-gas, incomplete combustible gas, and other detectors; gas detection and alarm systems; odor sensors and air quality monitors; and steel dust busters. The company was founded in 1934 and is headquartered in Osaka, Japan.
New Cosmos Electric Dividend Announcement
• New Cosmos Electric announced a annually dividend of ¥48.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• New Cosmos Electric's trailing twelve-month (TTM) dividend yield is 1.76%
• New Cosmos Electric's payout ratio for the trailing twelve months (TTM) is 35.07%
New Cosmos Electric Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-03-28 | ¥48.00 | annually | 2025-06-01 |
| 2024-03-28 | ¥48.00 | annually | |
| 2023-03-30 | ¥47.00 | annually | 2023-06-30 |
| 2022-03-30 | ¥37.00 | annually | 2022-06-29 |
| 2021-03-30 | ¥28.00 | annually | 2021-06-30 |
| 2020-03-30 | ¥28.00 | annually | 2020-06-29 |
| 2019-03-27 | ¥28.00 | annually | 2019-06-28 |
| 2018-03-28 | ¥26.00 | annually | 2018-06-29 |
| 2017-03-29 | ¥24.00 | annually | 2017-06-30 |
| 2016-03-29 | ¥24.00 | annually | |
| 2015-03-27 | ¥24.00 | annually | |
| 2014-03-27 | ¥24.00 | annually |
New Cosmos Electric Dividend per year
New Cosmos Electric Dividend growth
New Cosmos Electric Dividend Yield
New Cosmos Electric current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing New Cosmos Electric stock? Use our calculator to estimate your expected dividend yield:
New Cosmos Electric Financial Ratios
P/E ratio20.43
PEG ratio0.20
P/B ratio0.87
ROE4.17%
Payout ratio35.07%
Current ratio4.05
Quick ratio2.88
Cash Ratio1.86
New Cosmos Electric Dividend FAQ
Does New Cosmos Electric stock pay dividends?
New Cosmos Electric does not currently pay dividends to its shareholders.
Has New Cosmos Electric ever paid a dividend?
No, New Cosmos Electric has no a history of paying dividends to its shareholders. New Cosmos Electric is not known for its dividend payments.
Why doesn't New Cosmos Electric pay dividends?
There are several potential reasons why New Cosmos Electric 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 New Cosmos Electric 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 New Cosmos Electric 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 New Cosmos Electric a dividend aristocrat?
New Cosmos Electric 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 New Cosmos Electric a dividend king?
New Cosmos Electric 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 New Cosmos Electric a dividend stock?
No, New Cosmos Electric 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 New Cosmos Electric stocks?
To buy New Cosmos Electric 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 New Cosmos Electric 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 New Cosmos Electric 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.