Mori-gumi dividend – Mori-Gumi Co Ltd Declares a 14.0 Cash Dividend

Dividends Yield

Mori-Gumi Co Ltd has announced that on March 1 2023, they will be declaring a 14.0 Cash Dividend. For the past three years, MORI-GUMI ($TSE:1853) has been paying an annual dividend per share of 14 JPY. These dividend yields from 2021 to 2023 are estimated to be 4.61%, 4.61%, and 6.09%, with an average dividend yield of 5.1%. If you are looking for a dividend stock, MORI-GUMI may be worth considering, with its ex-dividend date being on March 30th 2023.

Their commitment to returning value to their shareholders makes them an appealing choice for investors looking for a reliable source of income. As MORI-GUMI continues to grow, their dividends may also increase, making them an even more attractive choice.

Market Price

The announcement was made after the stock opened at JP¥300.0, and closed at JP¥297.0, down by 1.0% from the previous closing price of 300.0. Shareholders can expect to receive the dividend in the upcoming weeks. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Mori-gumi. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Mori-gumi. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Mori-gumi. More…

Key Ratios Snapshot

Some of the financial key ratios for Mori-gumi are shown below. More…

Analysis

GoodWhale conducted an analysis of MORI-GUMI‘s financials and the results showed a good overall performance. The company’s Star Chart revealed a high health score of 8/10, indicating that MORI-GUMI has the ability to both pay off debt and fund future operations. From this, we have determined that MORI-GUMI falls into the ‘cow’ category, as they have a history of paying out consistent and sustainable dividends. This makes MORI-GUMI an ideal investment opportunity for those looking for a steady return on investment. The company is strong in asset, medium in dividend, profitability and weak in growth, making it an attractive proposition for those seeking a reliable source of income without taking on too much risk. Investors who are willing to accept a lower return with less volatility may be interested in MORI-GUMI, as it offers good potential for long-term growth and stability. More…

Peers

The competition between Mori-Gumi Co Ltd and its competitors Takamatsu Construction Group Co Ltd, Yamaura Corp, and Santo Co Ltd has been fierce for years. Each company has been vying for the top spot in the industry, pushing their innovative solutions and services to the limits in order to stay ahead of the curve. While each of these companies have their own unique offerings and strengths, it is clear that the competition between them is only growing stronger.

– Takamatsu Construction Group Co Ltd ($TSE:1762)

Takamatsu Construction Group Co Ltd is a real estate developer and construction company based in Tokyo, Japan. With a market cap of 69.64B as of 2023, the company is one of the largest and most profitable real estate developers in the country. Additionally, the company has a Return on Equity of 6.02%, which is quite high for a construction company. The company has been successful at creating high quality real estate developments and earning returns from them due to their strong management, strategic investments, and specialized services.

– Yamaura Corp ($TSE:1780)

Yamaura Corp is a leading global supplier of a wide range of automotive products, ranging from components and systems to services and solutions. The company has a market cap of 21.37B as of 2023 and has a Return on Equity of 9.24%. Yamaura Corp has a strong presence in the automotive industry due to its size and financial performance. The company has been able to benefit from operational efficiencies, improved product innovation, and increased customer base. This has led to their impressive market cap and return on equity, making them a reliable and profitable investment for shareholders.

– Santo Co Ltd ($TSE:1788)

Santo Co Ltd is a publicly-traded company that specializes in manufacturing and engineering services. As of 2023, Santo Co Ltd has a market capitalization of 1.81B, which is the total market value of all of its outstanding shares. Additionally, the company currently has a Return on Equity (ROE) of 7.09%, which is an indicator of its financial performance. A higher ROE typically reflects an efficient use of capital, as the company is able to generate more profits per dollar of equity invested. By having an ROE of 7.09%, Santo Co Ltd is indicating that it is a well-performing company in terms of profitability and resource management.

Summary

MORI-GUMI has been consistently paying a dividend per share of 14 JPY for the past three years, which translates to an impressive average dividend yield of 5.1%. 2021 and 2022 are projected to have 4.61% yields, while 2023 is estimated to have a yield of 6.09%. Investors should consider MORI-GUMI as a reliable and attractive dividend-paying stock.

As the company has a history of providing consistent dividends, investors can rely on MORI-GUMI as a stable source of income. Furthermore, the stock’s strong dividend yields offer investors excellent returns, making it a great long-term investment choice.