RIDE ON EXPRESS HOLDINGS Co., Ltd. engages in the home delivery of food in Japan. It delivers sushi under the Gin no Sara and Sushi Jojo! brands; and rice bowl with condiments, soups, and pickles under the Kamadon brand, as well as operates Fine Dine, a delivery agency service. The company was formerly known as RIDE ON EXPRESS Co., Ltd. and changed its name to RIDE ON EXPRESS HOLDINGS Co., Ltd. in October 2017. The company was founded in 2001 and is headquartered in Tokyo, Japan.
RIDE ON EXPRESS Dividend Announcement
• RIDE ON EXPRESS announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
• RIDE ON EXPRESS's trailing twelve-month (TTM) dividend yield is 1.5%
RIDE ON EXPRESS Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-03-28 | ¥0.00 | annually | |
| 2024-03-28 | ¥15.00 | annually | |
| 2023-03-30 | ¥30.00 | annually | 2023-06-29 |
| 2022-03-30 | ¥30.00 | annually | 2022-06-27 |
| 2021-03-30 | ¥20.00 | annually | 2021-06-28 |
| 2020-03-30 | ¥10.00 | annually | 2020-06-29 |
| 2019-03-27 | ¥10.00 | annually | 2019-06-27 |
| 2018-03-28 | ¥10.00 | annually | 2018-06-28 |
| 2017-03-29 | ¥10.00 | annually | 2017-06-29 |
| 2016-03-29 | ¥10.00 | annually | |
| 2015-03-27 | ¥20.00 | annually |
RIDE ON EXPRESS Dividend per year
RIDE ON EXPRESS Dividend growth
RIDE ON EXPRESS Dividend Yield
RIDE ON EXPRESS current trailing twelve-month (TTM) dividend yield is 1.5%. Interested in purchasing RIDE ON EXPRESS stock? Use our calculator to estimate your expected dividend yield:
RIDE ON EXPRESS Financial Ratios
P/E ratio39.66
PEG ratio-14.13
P/B ratio1.32
ROE3.41%
Payout ratio0.00%
Current ratio2.86
Quick ratio2.74
Cash Ratio2.25
RIDE ON EXPRESS Dividend FAQ
Does RIDE ON EXPRESS stock pay dividends?
RIDE ON EXPRESS does not currently pay dividends to its shareholders.
Has RIDE ON EXPRESS ever paid a dividend?
No, RIDE ON EXPRESS has no a history of paying dividends to its shareholders. RIDE ON EXPRESS is not known for its dividend payments.
Why doesn't RIDE ON EXPRESS pay dividends?
There are several potential reasons why RIDE ON EXPRESS 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 RIDE ON EXPRESS 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 RIDE ON EXPRESS 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 RIDE ON EXPRESS a dividend aristocrat?
RIDE ON EXPRESS 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 RIDE ON EXPRESS a dividend king?
RIDE ON EXPRESS 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 RIDE ON EXPRESS a dividend stock?
No, RIDE ON EXPRESS 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 RIDE ON EXPRESS stocks?
To buy RIDE ON EXPRESS 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 RIDE ON EXPRESS 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 RIDE ON EXPRESS 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.