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Nippon Densetsu Kogyo Co., Ltd. operates as a railway electronics equipment construction company in Japan. The company engages in the construction of electrical facilities for buildings, such as related to renewable energies and energy-saving buildings, as well as undertakes renovation, and air conditioning and plumbing equipment works; and information and communication systems, including mobile communication-related construction, IP network related equipment construction, railway communication systems construction, and network infrastructure development, as well as maintenance and technical support services. It also constructs power plants and substations, electric train lines, transmission lines, electric light and power systems, signal equipment, and public and private railways, as well as provides human resources development services. The company was formerly known as Railway Electric Industries Co., Ltd. and changed its name to Nippon Densetsu Kogyo Co., Ltd. in 1949. Nippon Densetsu Kogyo Co., Ltd. was founded in 1942 and is based in Tokyo, Japan.

Nippon Densetsu Kogyo Dividend Announcement

Nippon Densetsu Kogyo announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
Nippon Densetsu Kogyo's trailing twelve-month (TTM) dividend yield is 0.28%

Nippon Densetsu Kogyo Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥5.00annually
2023-03-30¥3.00annually2023-06-26
2022-03-30¥31.00annually2022-06-27
2021-03-30¥37.00annually2021-06-28
2020-03-30¥37.00annually2020-06-22
2019-03-27¥35.00annually2019-06-24
2018-03-28¥33.00annually2018-06-25
2017-03-29¥27.00annually2017-06-26
2016-03-29¥25.00annually
2015-03-27¥20.00annually
2014-03-27¥15.00annually

Nippon Densetsu Kogyo Dividend per year

Nippon Densetsu Kogyo Dividend growth

Nippon Densetsu Kogyo Dividend Yield

Nippon Densetsu Kogyo current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Nippon Densetsu Kogyo stock? Use our calculator to estimate your expected dividend yield:

Nippon Densetsu Kogyo Financial Ratios

P/E ratio10.70
PEG ratio0.11
P/B ratio0.58
ROE5.39%
Payout ratio0.00%
Current ratio3.21
Quick ratio2.97
Cash Ratio0.21

Nippon Densetsu Kogyo Dividend FAQ

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