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Tsudakoma Corp. produces and sells textile machinery and machine tool attachments worldwide. Its textile machinery comprises air jet looms, water jet looms, and preparatory machines; and parts include conversion kits for air jet looms and water jet looms. The company's machine tool attachments include NC rotary tables, machine vises, and manual tables. It also offers composite machinery, including prepreg slitters, automated fiber layup machines, auto-layup machines, multi-axial auto layup systems, auto edge welding machines, profile molding machines, carbon fiber rapier looms, and drape forming systems; and cast iron parts for textile machinery, industrial machinery, and machine tool attachments. The company was formerly known as TSUDAKOMA Industrial Co., Ltd. and changed its name to Tsudakoma Corp. in 1982. Tsudakoma Corp. was founded in 1909 and is headquartered in Kanazawa, Japan.

Tsudakoma Dividend Announcement

• Tsudakoma announced a annually dividend of ¥15.00 per ordinary share which will be made payable on . Ex dividend date: 2019-11-28
• Tsudakoma's trailing twelve-month (TTM) dividend yield is -%

Tsudakoma Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-11-28¥15.00annually
2018-11-28¥15.00annually2019-02-25

Tsudakoma Dividend per year

Tsudakoma Dividend Yield

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

Tsudakoma Financial Ratios

P/E ratio9.20
PEG ratio0.26
P/B ratio1.23
ROE13.78%
Payout ratio0.00%
Current ratio0.92
Quick ratio0.45
Cash Ratio0.22

Tsudakoma Dividend FAQ

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