Ijtt dividend yield – IJTT Co Ltd Declares 10.0 Cash Dividend
March 26, 2023
Dividends Yield
On March 1 2023, IJTT ($TSE:7315) Co Ltd announced the declaration of a 10.0 cash dividend. This makes IJTT a great option for investors who are looking for a reliable and steady dividend yield. Over the past three years, the company issued dividends per share of 20.0 JPY, 20.0 JPY, and 10.0 JPY respectively, resulting in an average dividend yield of 3.01%. Specifically, the dividend yields from 2021 to 2023 are 3.53%, 3.29%, and 2.2% respectively.
The ex-dividend date for the 10.0 cash dividend is March 30, 2023. For investors looking for a steady and reliable dividend yield for their investments, IJTT could be a great option to consider.
Stock Price
The stock opened at JP¥537.0 and closed at the same price, slightly up by 0.2% from its last closing price of JP¥536.0. The last day to trade the company’s shares in order to receive the dividend will be August 4th, 2021. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ijtt. More…
| Total Revenues | Net Income | Net Margin |
| 165.1k | 1.78k | 1.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ijtt. More…
| Operations | Investing | Financing |
| 5.54k | -7.48k | -891 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ijtt. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 143.11k | 56.16k | 1.69k |
Key Ratios Snapshot
Some of the financial key ratios for Ijtt are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.3% | -25.8% | 2.1% |
| FCF Margin | ROE | ROA |
| -1.2% | 2.7% | 1.5% |
Analysis
At GoodWhale, we have carefully analyzed the financials of IJTT and determined that it is a medium risk investment in terms of financial and business aspects. We have identified two risk warnings in the income statement and balance sheet, so be sure to register with us to check it out. We have assessed the company’s performance from a variety of perspectives, taking into account its cash flow, debt levels, liquidity, profitability, and other indicators of financial health. Our conclusion is that IJTT is a stable business with some potential upside and could be a good long-term investment. Additionally, we have reviewed the performance of IJTT over recent quarters and have determined that its performance is trending in the right direction. The company has been making positive strides in terms of revenue growth and operating efficiency, which are both good signs for a potential investor. Ultimately, GoodWhale believes that IJTT is a medium risk investment and could be a beneficial long-term holding. Register with us today to learn more about our analysis and how it can help you make an informed decision about investing in IJTT. More…
Peers
IJTT Co Ltd is an established player in the automotive manufacturing industry, competing with other major corporations such as Univance Corp, Grammer AG, and RACL Geartech Ltd. All four companies specialize in producing products and services that are key components of the automotive industry, such as car parts, electronics, and technology solutions. Through their combined efforts and innovations, these companies are continually pushing the boundaries of automotive design, production, and safety.
– Univance Corp ($TSE:7254)
Univance Corp is a technology company based in the US that specializes in secure cloud-based solutions for data storage and services. It has a market cap of 8.25 billion dollars as of 2023, making it one of the largest companies of its kind in the world. Univance Corp also has a strong return on equity of 5.73%, showing that the company is able to generate profits even in highly competitive markets. The company’s focus on providing secure and reliable solutions has also enabled it to become a leading provider of cloud-based services, making it an attractive investment opportunity.
– Grammer AG ($LTS:0OQX)
Grammer AG is a leading international supplier of interior components for automobiles, commercial vehicles and off-road applications. As of 2023, the German-listed company has a market capitalization of 212.44 million euros. Furthermore, the company had a return on equity of 2.43%, indicating that for every euro invested in the company, it generates a return of 2.43 euros. This is an excellent performance given the highly competitive nature of the automotive industry.
– RACL Geartech Ltd ($BSE:520073)
RACL Geartech Ltd is an engineering and manufacturing firm based in Mumbai, India. The company specializes in the design, engineering and manufacture of precision gears and components used in automotive, industrial and consumer product applications. As of 2023, the company has a market capitalization of 8.84 billion dollars, reflecting the company’s strong financial performance. RACL Geartech Ltd has a return on equity of 28.66%, indicating a strong ability to generate profits from its assets. The company’s strong position in the engineering and manufacturing industry as well as its impressive returns on equity make it an attractive investment for those looking for growth opportunities.
Summary
Investing in IJTT can be beneficial for the investor due to its reliable and steady dividend yield over the last three years. Its annual dividend per share has been 20.0 JPY, 20.0 JPY, and 10.0 JPY, respectively, resulting in an average dividend yield of 3.01%. Looking ahead, the dividend yields from 2021 to 2023 are estimated to be 3.53%, 3.29%, and 2.2% respectively. With such a strong track record of dividend yield, IJTT is a great option for investors looking for consistent returns on their investment.
Related Posts
Recent Posts
