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Tobishima Corporation engages in the construction business in Japan and internationally. The company is involved in the research, survey, planning, designing, supervision, and management of civil engineering and building construction works, as well as regional and urban developments, ocean developments and environmental considerations, etc.; and planning, designing, development, possession, maintenance, operation, and management of various public facilities and infrastructure, including roads, ports, water supply and sewage works, government office buildings, educational and cultural facilities, solid waste disposal facilities, medical and sports facilities, hotels, and restaurants. It also engages in the environmental enhancement business, such as soil enhancement, river and lake bottom sediment purification, and lake and seawater improvement; collection, transportation, treatment, and recycling of general and industrial waste; thermal and other electricity and energies supply; and fabrication, procurement, sale, and lease of construction machinery, equipment, materials, and other manufactured items. In addition, the company is involved in the real estate dealing and leasing, and housing businesses; maintenance and security services works for buildings and incidental facilities; and life insurance business. Further, it acquires, licenses, and sells industrial property rights, copyrights, and other intellectual proprietary rights; offers information processing services; develops computer software and hardware; produces, processes, and sells agricultural, forestry, and fishery products; researches, studies, and develops production related agricultural, forestry, and fishery products; offers consulting services; and operates as a non-life and car insurance agent. The company was formerly known as Tobishima Civil Engineering and changed its name to Tobishima Corporation in 1965. Tobishima Corporation was founded in 1883 and is headquartered in Tokyo, Japan.

Tobishima Dividend Announcement

Tobishima announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
Tobishima's trailing twelve-month (TTM) dividend yield is 4.86%

Tobishima Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥70.00annually
2023-03-30¥60.00annually2023-06-30
2022-03-30¥50.00annually2022-06-30
2021-03-30¥50.00annually2021-06-30
2020-03-30¥50.00annually2020-06-29
2019-03-27¥50.00annually2019-06-28
2018-03-28¥4.00annually2018-06-29
2017-03-29¥1.00annually2017-06-30
2016-03-29¥1.00annually

Tobishima Dividend per year

Tobishima Dividend growth

Tobishima Dividend Yield

Tobishima current trailing twelve-month (TTM) dividend yield is 4.86%. Interested in purchasing Tobishima stock? Use our calculator to estimate your expected dividend yield:

Tobishima Financial Ratios

P/E ratio8.42
PEG ratio-0.05
P/B ratio0.57
ROE6.92%
Payout ratio0.00%
Current ratio1.47
Quick ratio1.44
Cash Ratio0.21

Tobishima Dividend FAQ

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