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Tomen Devices Corporation operates as an electronics trading company in Japan. The company sells semiconductors products and electronic components. Its products include memory semiconductors, including dynamic random access, flash, solid-state drive, and multi-chip package; system LSI semiconductors, including system on a chip and application specific intergraded circuits, display drive ICs, and CMOS image sensors; and liquid crystal displays, light emitting diodes, organic light emitting diodes, and multi-layered ceramic capacitors. The company was incorporated in 1945 and is headquartered in Tokyo, Japan.

Tomen Devices Dividend Announcement

• Tomen Devices announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
• Tomen Devices's trailing twelve-month (TTM) dividend yield is 3.29%

Tomen Devices Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥200.00annually
2023-03-30¥300.00annually2023-06-23
2022-03-30¥280.00annually2022-06-24
2021-03-30¥120.00annually2021-06-24
2020-03-30¥150.00annually2020-06-23
2019-03-27¥90.00annually2019-06-25
2018-03-28¥80.00annually2018-06-29
2017-03-29¥60.00annually2017-06-28
2016-03-29¥50.00annually
2015-03-27¥40.00annually
2014-03-27¥40.00annually

Tomen Devices Dividend per year

Tomen Devices Dividend growth

Tomen Devices Dividend Yield

Tomen Devices current trailing twelve-month (TTM) dividend yield is 3.29%. Interested in purchasing Tomen Devices stock? Use our calculator to estimate your expected dividend yield:

Tomen Devices Financial Ratios

P/E ratio8.72
PEG ratio0.73
P/B ratio0.87
ROE10.49%
Payout ratio0.00%
Current ratio1.40
Quick ratio0.77
Cash Ratio0.07

Tomen Devices Dividend FAQ

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