Okamoto Industries dividend yield calculator – Okamoto Industries Declares 55.0 Cash Dividend
March 22, 2023
Dividends Yield
On March 2, 2023, Okamoto Industries ($TSE:5122) Inc. declared a cash dividend of 55.0 JPY per share. This will be the third consecutive year that they have declared an annual dividend, and investors interested in dividend stocks have been paying close attention to their yields. From 2021 to 2023, Okamoto Industries Inc. has provided an average dividend yield of 2.58%, with yearly dividends per share of 110.0 JPY, 105.0 JPY and 100.0 JPY respectively. The ex-dividend date for the dividend is March 30 2023, so any investors looking to take advantage of this dividend must purchase the stock before this date in order to be eligible for the payout.
As such, many potential investors have been closely tracking this stock in the lead up to the ex-dividend date in order to maximize their profits from the dividend. With its commitment to providing dividends to its investors, Okamoto Industries Inc. is considered an excellent option for anyone looking for a dividend stock. While their current yield is not the highest on the market, their consistent and reliable dividends make them an attractive choice for many investors.
Price History
This dividend declaration reflects the company’s commitment towards providing returns to its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Okamoto Industries. More…
| Total Revenues | Net Income | Net Margin |
| 95.42k | 4.11k | 5.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Okamoto Industries. More…
| Operations | Investing | Financing |
| 8.41k | -3.75k | -3.83k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Okamoto Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 128.15k | 48.76k | 4.13k |
Key Ratios Snapshot
Some of the financial key ratios for Okamoto Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.9% | -8.1% | 6.6% |
| FCF Margin | ROE | ROA |
| 5.2% | 5.3% | 3.1% |
Analysis
GoodWhale has analyzed the financials of OKAMOTO INDUSTRIES and our Star Chart has revealed that the company is strong in asset, dividend, and medium in profitability. It is weak in growth; however, we classify it as a ‘cow’, meaning it has a track record of paying out consistent and sustainable dividends. This makes OKAMOTO INDUSTRIES an attractive company for investors who are looking for a steady income from their investments. Furthermore, its health score is 10/10 with regard to its cashflows and debt, suggesting that it is in a strong financial position, capable of both paying off debt and funding future operations. More…
Peers
Despite the fierce competition, Okamoto Industries Inc has been able to remain a leader in the industry through innovation and dedication to delivering quality products.
– H S Industries Co Ltd ($KOSE:006060)
HS Industries Co Ltd is a large industrial conglomerate based in China. It has a market cap of 197.2 billion as of 2023, making it one of the largest companies in the world. Its impressive Return on Equity of 36.82% indicates that it is a financially sound and well-managed company. The company primarily produces industrial machinery, chemicals, and construction materials, and is also active in the automotive and aerospace sectors.
Summary
Okamoto Industries is an attractive option for dividend stock investors. The company has provided an average dividend yield of 2.58% from 2021 to 2023, with annual dividends of 110 JPY, 105 JPY, and 100 JPY per share. Overall, Okamoto Industries has a strong financial position and is a good investment option for dividend-seeking investors.
