Papyless Co., Ltd. sells and rents electronic books in Japan, the United States, and internationally. It offers novel and non-fiction books, practical books, photo books, comics, hobbies/life/magazines, utility books, business/education books, and audio and video books. The company also operates upppi, an e-book posting and editing platform; develops and produces next-generation content; and operates e-book agency. Papyless Co., Ltd. was founded in 1995 and is based in Tokyo, Japan.
Papyless Dividend Announcement
• Papyless announced a annually dividend of ¥10.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Papyless's trailing twelve-month (TTM) dividend yield is 1.12%
Papyless Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-03-28 | ¥10.00 | annually | 2025-06-01 |
| 2024-03-28 | ¥10.00 | annually | |
| 2023-03-30 | ¥10.00 | annually | 2023-06-27 |
| 2022-03-30 | ¥10.00 | annually | 2022-06-27 |
| 2021-03-30 | ¥10.00 | annually | 2021-06-28 |
| 2020-03-30 | ¥10.00 | annually | 2020-06-26 |
| 2019-03-27 | ¥10.00 | annually | 2019-06-28 |
| 2018-03-28 | ¥10.00 | annually | 2018-06-28 |
| 2017-03-29 | ¥20.00 | annually | 2017-06-28 |
| 2016-03-29 | ¥15.00 | annually | |
| 2015-03-27 | ¥5.00 | annually | |
| 2014-03-27 | ¥5.00 | annually |
Papyless Dividend per year
Papyless Dividend growth
Papyless Dividend Yield
Papyless current trailing twelve-month (TTM) dividend yield is 1.12%. Interested in purchasing Papyless stock? Use our calculator to estimate your expected dividend yield:
Papyless Financial Ratios
P/E ratio15.46
PEG ratio1.27
P/B ratio0.85
ROE5.54%
Payout ratio0.00%
Current ratio3.30
Quick ratio3.29
Cash Ratio2.73
Papyless Dividend FAQ
Does Papyless stock pay dividends?
Papyless does not currently pay dividends to its shareholders.
Has Papyless ever paid a dividend?
No, Papyless has no a history of paying dividends to its shareholders. Papyless is not known for its dividend payments.
Why doesn't Papyless pay dividends?
There are several potential reasons why Papyless 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 Papyless 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 Papyless 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 Papyless a dividend aristocrat?
Papyless 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 Papyless a dividend king?
Papyless 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 Papyless a dividend stock?
No, Papyless 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 Papyless stocks?
To buy Papyless 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 Papyless 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 Papyless 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.