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Tomita Co., Ltd. distributes machine tool products in Japan and internationally. The company provides general-purpose and CNC lathes; milling, drilling, broaching, boring, gun drilling, electrical discharge, additive manufacturing, cutting, laser processing, sheet metal, forming, injection molding, and other machines; machining centers; grinders; gear processing machines, including cutting, finishing, honing, shaving, and hobbing; and CNC routers and light metal/plastic/wood processing machines. It also offers pneumatic and hydraulic equipment; cutting tools and abrasives; power transmission products; electronic components; measuring equipment; metal working related devices; dust collectors and washing machines; coolant units; material handling equipment; heat treatment and environmental equipment; welding equipment; molding machine related equipment; and other products, as well as electric equipment, tools, conduction equipment, drives, and other instruments. In addition, the company provides automation, retrofit, and customized devices/machines; robots/loaders/conveyors; CAD/CAM systems; and production management systems/software products, as well as imports machinery and tools. Tomita Co., Ltd. was founded in 1911 and is headquartered in Tokyo, Japan.

Tomita Dividend Announcement

• Tomita announced a annually dividend of ¥20.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Tomita's trailing twelve-month (TTM) dividend yield is 1.38%

Tomita Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥20.00annually2025-06-01
2024-03-28¥20.00annually
2023-03-30¥18.00annually2023-06-30
2022-03-30¥17.00annually2022-06-30
2021-03-30¥7.00annually2021-06-30
2020-03-30¥23.00annually2020-06-29
2019-03-27¥31.00annually2019-06-28
2018-03-28¥28.00annually2018-06-29
2017-03-29¥24.00annually2017-06-30
2016-03-29¥5.00annually
2015-03-27¥10.00annually
2014-03-27¥4.00annually

Tomita Dividend per year

Tomita Dividend growth

Tomita Dividend Yield

Tomita current trailing twelve-month (TTM) dividend yield is 1.38%. Interested in purchasing Tomita stock? Use our calculator to estimate your expected dividend yield:

Tomita Financial Ratios

P/E ratio12.91
PEG ratio0.91
P/B ratio0.64
ROE5.12%
Payout ratio0.00%
Current ratio2.76
Quick ratio2.61
Cash Ratio1.31

Tomita Dividend FAQ

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