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Nippon Rietec Co.,Ltd. engages in the railway electrical equipment construction business in Japan. The company's railway electrical equipment includes signal, power generation and transformation, optical communication cable, and transmission line equipment, as well as information and communication systems and new transportation systems. It also provides road construction equipment, including traffic signals, road information control systems, road signs, and landscape signs. In addition, the company offers indoor/outdoor electric facility, optical communication cable equipment, and solar power generation systems; and transmission lines for equipment sector. Nippon Rietec Co.,Ltd. was incorporated in 1945 and is headquartered in Tokyo, Japan.

Nippon Rietec Dividend Announcement

Nippon Rietec announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
Nippon Rietec's trailing twelve-month (TTM) dividend yield is 3.08%

Nippon Rietec Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥35.00annually
2023-03-30¥27.00annually2023-06-28
2022-03-30¥27.00annually2022-06-27
2021-03-30¥27.00annually2021-06-25
2020-03-30¥3.00annually2020-06-26
2019-03-27¥2.00annually2019-06-27
2018-03-28¥18.00annually2018-06-28
2017-03-29¥15.00annually2017-06-29
2016-03-29¥2.00annually
2015-03-27¥9.00annually
2014-03-27¥1.50annually

Nippon Rietec Dividend per year

Nippon Rietec Dividend growth

Nippon Rietec Dividend Yield

Nippon Rietec current trailing twelve-month (TTM) dividend yield is 3.08%. Interested in purchasing Nippon Rietec stock? Use our calculator to estimate your expected dividend yield:

Nippon Rietec Financial Ratios

P/E ratio8.68
PEG ratio-1.83
P/B ratio0.48
ROE5.57%
Payout ratio0.00%
Current ratio2.71
Quick ratio2.57
Cash Ratio0.46

Nippon Rietec Dividend FAQ

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