Itochu Corporation dividend calculator – ITOCHU Corporation Declares 75.0 Cash Dividend

Dividends Yield

ITOCHU Corporation has recently announced the declaration of 75.0 Cash Dividend for March 1 2023. The company has been steadily issuing dividend per share of 128.0, 110.0 and 88.0 JPY in the past three years which has led to a dividend yield of 3.53%, 3.09% and 4.08% respectively and an average yield of 3.57%. This is great news for investors who are looking for dividend stocks as ITOCHU CORPORATION ($TSE:8001) can be a potential choice with the ex-dividend date on March 30 2023.

The high dividend yields give investors a chance to benefit from the company’s returns while giving them a more reliable and consistent dividend payout. With such a healthy yield, ITOCHU CORPORATION is an attractive option for investors looking for reliable dividend income.

Market Price

On Wednesday, ITOCHU CORPORATION‘s stock opened at JP¥4067.0 and closed at JP¥4120.0, up by 1.3% from prior closing price of 4069.0. In light of this, the company has declared a cash dividend of 75.0 for its stockholders. The company has established a strong presence across Asia, Europe, and the United States, and is well-known for its focus on sustainability and corporate social responsibility. This dividend marks the continued success and growth of ITOCHU CORPORATION. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Itochu Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Itochu Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Itochu Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Itochu Corporation are shown below. More…

Analysis

At GoodWhale, we have conducted extensive analysis of ITOCHU CORPORATION‘s fundamentals. Our Risk Rating has classified ITOCHU CORPORATION as a medium risk investment in terms of financial and business aspects. However, our analysis has detected two risk warnings in the income sheet and balance sheet of ITOCHU CORPORATION. If you would like to know more about the risk warnings and how to invest safely in ITOCHU CORPORATION, please register with us. We look forward to helping you make informed decisions on investing in ITOCHU CORPORATION. More…

Peers

ITOCHU Corp is one of the leading companies in the global trading and investment business. With a history of over 150 years, ITOCHU has established itself as a major player in the industry, competing with fellow Japanese firms Sojitz Corp, SK Discovery Co Ltd, and Samyang Corp. These companies are all recognized for their innovative and reliable approaches to global business, making them valuable partners and fierce competitors.

– Sojitz Corp ($TSE:2768)

Sojitz Corp is a global trading and investment firm based in Tokyo, Japan. It has a market cap of 569.92B as of 2023, which makes it one of the largest publicly traded companies in Japan. Its Return on Equity (ROE) of 13.9% is also relatively high, indicating that the company is making good use of its capital and reinvesting its profits. Sojitz Corp’s core operations involve trading, investment, logistics, and project development and financing. It serves a wide range of industries, including automotive, chemicals, energy, and food & beverages.

– SK Discovery Co Ltd ($KOSE:006125)

SK Discovery Co Ltd is a leading South Korean conglomerate with a wide array of businesses in various industries. It is the fourth largest company in South Korea and has a market capitalization of 561.19 billion as of 2023. The company’s return on equity is 12.22%, indicating that it is able to generate a substantial amount of profit from its invested capital. SK Discovery Co Ltd has extensive operations in the energy, telecommunications, retail, and finances sectors, allowing it to diversify its income streams and strengthen its market position. The company is committed to innovation and sustainable growth in order to continue providing value to its shareholders and customers.

– Samyang Corp ($KOSE:145995)

Samyang Corp is a multinational corporation based in South Korea. It is a leading manufacturer and provider of a broad range of products, from pharmaceuticals and biotechnology to chemicals, electronics and food products. With a market capitalization of 304.1 billion as of 2023, Samyang Corp is one of the largest companies in South Korea. The company has also displayed impressive financial performance and returns on equity, with a return on equity of 15.13%. This strong financial performance has been a major factor in the company’s success and long-term growth.

Summary

Investing in ITOCHU CORPORATION can prove to be a lucrative decision, as the company has been paying significant dividends over the past three years. In 2021 and 2022, the dividend per share was 128.0 JPY and 110.0 JPY respectively, with a yield of 3.53% and 3.09%. In 2023, the dividend was 88.0 JPY, with a yield of 4.08%, raising the average yield to 3.57%. For investors looking for higher returns, this might be a worthwhile investment to consider.