Kodensha dividend – Kodensha Co Ltd Announces 220.0 Cash Dividend
March 19, 2023
Dividends Yield
On March 15 2023, KODENSHA ($TSE:1948) Co Ltd announced a cash dividend of 220.0 Japanese Yen per share for the 2023 fiscal year. This is the third consecutive year that the company has paid an annual dividend of 220.0 Japanese Yen per share, with dividend yields of 4.37%, 4.37%, and 5.21% for the years 2021, 2022 and 2023 respectively, for an average dividend yield of 4.65%. If you are looking for dividend stocks, you may want to consider investing in KODENSHA; the ex-dividend date for this announcement is March 30, 2023. Investing in KODENSHA could be a smart way to increase your portfolio of dividend stocks, as you can benefit from the consistent and reliable payments that the company offers.
Stock Price
The announcement has brought the stock price of KODENSHA to a 7.7% increase from its prior closing price of 4370.0 yen to JP¥4705.0 when it closed. The stock opened at JP¥4430.0 and was met with high trade volumes due to the dividend announcement. This announcement marks the continued positive performance of the company and its stockholders are sure to be pleased. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kodensha. More…
| Total Revenues | Net Income | Net Margin |
| 31.83k | 322 | 1.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kodensha. More…
| Operations | Investing | Financing |
| -1.68k | 986 | -534 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kodensha. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 27.98k | 9.75k | 10.24k |
Key Ratios Snapshot
Some of the financial key ratios for Kodensha are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.6% | -46.0% | 1.8% |
| FCF Margin | ROE | ROA |
| -6.0% | 1.9% | 1.3% |
Analysis – Kodensha Intrinsic Value Calculation
At GoodWhale, we recently conducted an analysis of KODENSHA‘s wellbeing. After careful analysis, we concluded that the intrinsic value of KODENSHA share is around JP¥4572.0. This conclusion was determined by our proprietary Valuation Line, which takes into account a company’s earnings and other financial metrics to estimate its true worth. Currently, KODENSHA stock is traded at the price of JP¥4705.0. This price is slightly overvalued by 2.9%, meaning it is still a fair price for investors looking to purchase KODENSHA shares. More…
Peers
It has several prominent competitors including Yurtec Corp, Fuji Furukawa Engineering & Construction Co Ltd, and Hibiya Engineering Ltd, who all strive to provide similar services in the Japanese market.
– Yurtec Corp ($TSE:1934)
Yurtec Corporation is a Japanese engineering and construction company that provides construction services, civil engineering services, and other related services. It has a market capitalization of 56.28 billion as of 2023 and a Return on Equity of 4.86%. Market capitalization is a metric used to measure the size of a company and its market value, which is calculated by multiplying the number of outstanding shares by the current stock price. The Return on Equity (ROE) is a measure of how much a company earns relative to its total shareholders’ equity. Yurtec’s strong ROE suggests that their management is able to effectively use capital to generate profits.
– Fuji Furukawa Engineering & Construction Co Ltd ($TSE:1775)
Fuji Furukawa Engineering & Construction Co Ltd is a Japan-based company primarily engaged in the engineering and construction industry. The company provides engineering and construction services, as well as engineering consulting services. It specializes in civil engineering, waterworks, marine civil engineering, plant engineering, environmental engineering, and other related services. As of 2023, Fuji Furukawa Engineering & Construction Co Ltd has a market capitalization of 32.46B and a Return on Equity of 11.9%. This indicates that the company is performing well financially and is in a strong financial position.
– Hibiya Engineering Ltd ($TSE:1982)
Hibiya Engineering Ltd is a multi-disciplinary engineering firm providing full service solutions and services in the fields of civil engineering, environmental engineering, infrastructure development and water management. Founded in 1917, the company has a long history of innovation and engineering excellence. With a market cap of 47.46B as of 2023, Hibiya Engineering Ltd is well-positioned to capitalize on growth opportunities in the engineering field. The company’s Return on Equity of 5.01% shows that it has achieved a reasonable level of profitability. It is well positioned to sustain its position as an industry leader in innovative and quality engineering solutions.
Summary
KODENSHA has demonstrated a commitment to providing shareholders with consistent returns through dividends. Over the past 3 years, the company has paid an annual dividend of 220 Japanese Yen per share, resulting in an average dividend yield of 4.65%. Furthermore, its dividend yields of 4.37%, 4.37%, and 5.21% in 2021, 2022 and 2023 respectively indicate that the company is able to maintain a steady return rate in the near term. This makes KODENSHA an attractive investment opportunity for those seeking reliable income and long-term growth potential.
