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Synchro Food Co., Ltd. operates various media platforms for the restaurant industry. Its platforms include Restaurant.com, a support site for opening and operation of restaurant; Jobs@Restaurant.com, a restaurant job information site; Jobs@Interior Design, a job change site for the interior industry; Restaurant PR.com, an open information providing site for restaurants; Store Design.com, a matching site for store design companies; Izukuri Information.com, a purchase assessment site for unoccupied store properties; and Mobimaru, a kitchen car share matching site. The company was incorporated in 2003 and is headquartered in Tokyo, Japan.

Synchro Food Dividend Announcement

Synchro Food announced a annually dividend of ¥5.00 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-03-28
Synchro Food annual dividend for 2024 was ¥5.00
Synchro Food's trailing twelve-month (TTM) dividend yield is 1.19%

Synchro Food Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-28¥5.00annually2024-06-26

Synchro Food Dividend per year

Synchro Food Dividend Yield

Synchro Food current trailing twelve-month (TTM) dividend yield is 1.19%. Interested in purchasing Synchro Food stock? Use our calculator to estimate your expected dividend yield:

Synchro Food Financial Ratios

P/E ratio14.32
PEG ratio4.25
P/B ratio2.64
ROE19.16%
Payout ratio0.00%
Current ratio5.98
Quick ratio5.98
Cash Ratio5.72

Synchro Food Dividend FAQ

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