Almetax Manufacturing dividend calculator – Almetax Manufacturing Co Ltd Declares 4.0 Cash Dividend
March 18, 2023
Dividends Yield
On March 1 2023, Almetax Manufacturing ($TSE:5928) Co Ltd declared a 4.0 cash dividend, significantly higher than the 10.0 JPY dividend per share of the previous 3 years. The dividend yields for 2021, 2022, and 2023 have been 3.72%, 3.86%, and 2.12% respectively, with an average yield of 3.23%. This makes ALMETAX MANUFACTURING a great stock for investors looking for a good dividend yield, with the ex-dividend date on March 30 2023. It shows that the company is dedicated to providing quality returns to its investors and is a great sign of its financial stability.
This dividend payment is sure to attract more investors to the company, as it is a reliable and consistent option for investors seeking good returns with minimal risk. For those looking for stocks with a good dividend yield, ALMETAX MANUFACTURING is worth considering. With the ex-dividend date on March 30 2023, investors can take advantage of this generous dividend payment and benefit from the steady returns that this company has consistently provided over the years.
Stock Price
This announcement caused the company’s stock price to rise by 8.1%, with the opening price of JP¥424.0 and closing at JP¥465.0 from last closing price of JP¥430.0. The announcement was met with positive sentiment from investors, who are optimistic about the company’s growth prospects. This dividend is seen as a reward for investors’ loyalty and comes as a sign of confidence from the company’s management. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Almetax Manufacturing. More…
| Total Revenues | Net Income | Net Margin |
| 9.71k | 311.66 | 3.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Almetax Manufacturing. More…
| Operations | Investing | Financing |
| 431.95 | -120.32 | -51.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Almetax Manufacturing. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.48k | 2.8k | 838.04 |
Key Ratios Snapshot
Some of the financial key ratios for Almetax Manufacturing are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.1% | -12.8% | 2.7% |
| FCF Margin | ROE | ROA |
| 3.8% | 1.9% | 1.4% |
Analysis
At GoodWhale, we recently conducted an analysis of ALMETAX MANUFACTURING‘s wellbeing. After a thorough review, we assigned them a medium risk rating in terms of financial and business aspects. Despite the medium risk rating, we detected one risk warning in their income sheet. If you would like to understand more about this, we welcome you to register with us to check it out. We can provide further insights into ALMETAX MANUFACTURING’s wellbeing and assist you with making an informed decision. More…
Peers
All four companies provide quality products and services to fulfil the needs of their customers worldwide.
– Seven Industries Co Ltd ($TSE:7896)
Seven Industries Co Ltd is a global manufacturing, trading and services company based in Tokyo, Japan. They specialize in producing and distributing a range of products and services, from automotive and industrial parts to renewable energy solutions. With a market capitalization of 2.25 billion dollars, the company continues to be a leader in its industry. Their Return on Equity (ROE) of 3.64%, shows that the company is performing well and creating value for its shareholders. Moreover, the company’s ability to generate profits from its equity is impressive, which contributes to their positive long-term performance.
– Kikusui Chemical Industries Co Ltd ($TSE:7953)
Kikusui Chemical Industries Co Ltd is a Japanese chemical and specialty materials manufacturer. The company has a market capitalization of 4.73B as of 2023, indicating a considerable size and presence in the industry. Additionally, the company boasts an impressive Return on Equity (ROE) of 3.8%, which is well above the average market ROE of 1-2%. This suggests that they have made effective and profitable use of the capital provided by their investors.
– Zhuding International Ltd ($OTCPK:ZHUD)
Zhuding International Ltd is a multinational corporation that specializes in supplying products and services to the global market. The company has a market capitalization of 4.81M as of 2023, which indicates that it is a relatively small-sized enterprise. The return on equity of 27.18% indicates that the company is generating an excellent return on its equity investments. This suggests that Zhuding International Ltd is efficiently utilizing its resources and is generating substantial returns for its shareholders.
Summary
Investing in ALMETAX MANUFACTURING is a great way to diversify a portfolio and generate reliable income. Over the past three years, ALMETAX has paid a dividend per share of 10.0 JPY, yielding 3.72%, 3.86%, and 2.12% in 2021, 2022, and 2023 respectively. On average, the dividend yield is 3.23%, which is well above average compared to other investments.
The consistent dividend yield and stability of the company make it an attractive investment for those looking for a steady income stream. Furthermore, with the potential for growth and the company’s sound financials, ALMETAX MANUFACTURING may be a great long-term investment for those seeking both stability and potential upside.
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