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Nichiban Co., Ltd. manufactures and sells medical products and tapes in Asia and Europe. It offers medical products, including surgical tapes, dressing tapes, first-aid bandages, hemostatic bandages, and others. The company also provides OTC products, such as anti-inflammatory patches, foot care products, waterproof films, and bandages. In addition, it offers taping tapes comprising cotton, elastic, kinesiology, strapping tapes, and others; and stationery products consisting of cellulose adhesive tapes, double sided tapes, adhesive transfer tapes, book binding tapes, and others. Further, the company provides industrial tapes for non-heavy duty packaging, carton boxes, agricultural use, vehicles, and machinery, as well as specialized tapes; and cellulose, OPP packing, kraft paper, lithographic, and crepe tapes. Nichiban Co., Ltd. was founded in 1918 and is headquartered in Tokyo, Japan.

Nichiban Dividend Announcement

Nichiban announced a annually dividend of ¥35.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
Nichiban's trailing twelve-month (TTM) dividend yield is 1.77%

Nichiban Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥35.00annually2025-06-01
2024-03-28¥35.00annually
2023-03-30¥35.00annually2023-06-29
2022-03-30¥30.00annually2022-06-29
2021-03-30¥30.00annually2021-06-28
2020-03-30¥33.00annually2020-06-26
2019-03-27¥38.00annually2019-06-27
2018-03-28¥2.00annually2018-06-28
2017-03-29¥18.00annually2017-06-29
2016-03-29¥11.00annually
2015-03-27¥8.00annually
2014-03-27¥6.00annually

Nichiban Dividend per year

Nichiban Dividend growth

Nichiban Dividend Yield

Nichiban current trailing twelve-month (TTM) dividend yield is 1.77%. Interested in purchasing Nichiban stock? Use our calculator to estimate your expected dividend yield:

Nichiban Financial Ratios

P/E ratio21.43
PEG ratio-25.11
P/B ratio0.97
ROE4.57%
Payout ratio0.00%
Current ratio2.32
Quick ratio1.73
Cash Ratio0.81

Nichiban Dividend FAQ

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