Pulstec Industrial dividend – PULSTEC INDUSTRIAL Co Ltd Announces 40.0 Cash Dividend
March 26, 2023
Dividends Yield
On March 1 2023, PULSTEC INDUSTRIAL ($TSE:6894) Co Ltd announced a 40.0 JPY cash dividend for its shareholders. PULSTEC INDUSTRIAL has been issuing annual dividends per share of 85.0 JPY, 85.0 JPY and 45.0 JPY in the last three years, resulting in a dividend yield of 4.79%, 4.79% and 2.44% respectively from 2021 to 2023. The average dividend yield of 4.01% makes it an attractive option for those interested in dividend stocks. The ex-dividend date is set for March 30 2023.
Investors who purchase shares before this date will be eligible for the dividend payout. This announcement is a positive sign for investors looking for returns from their investments with PULSTEC INDUSTRIAL.
Price History
At the close of the stock market, PULSTEC INDUSTRIAL stock opened at JP¥1490.0 and closed at the same price, representing an increase of 0.5% from the previous day’s closing price of 1482.0. This announcement is positive news for the company’s shareholders, as it shows PULSTEC INDUSTRIAL’s commitment to returning value to the owners of its stock. The 40.0 cash dividend is a significant payout and reflects the company’s confidence in its financial performance. Shareholders should be encouraged by PULSTEC INDUSTRIAL’s decision to reward their loyalty and trust. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pulstec Industrial. More…
| Total Revenues | Net Income | Net Margin |
| 2.32k | 234.3 | 10.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pulstec Industrial. More…
| Operations | Investing | Financing |
| 172.98 | -66.3 | -71.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pulstec Industrial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.41k | 1.13k | 2.38k |
Key Ratios Snapshot
Some of the financial key ratios for Pulstec Industrial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.4% | -9.2% | 12.7% |
| FCF Margin | ROE | ROA |
| 5.9% | 5.6% | 4.2% |
Analysis – Pulstec Industrial Intrinsic Value Calculation
As GoodWhale has conducted an analysis of PULSTEC INDUSTRIAL‘s fundamentals, our proprietary Valuation Line has calculated its fair value to be around JP¥1005.3. Currently, PULSTEC INDUSTRIAL stock is being traded at JP¥1490.0, making it overvalued by 48.2%. It is likely that the market has yet to reflect the true value of the company. More…
Peers
With fierce competition from companies such as NKK Switches Co Ltd, NFK HOLDINGS Co Ltd, and Atech OEM Inc, Pulstec continues to strive to provide superior products and service to its customers.
– NKK Switches Co Ltd ($TSE:6943)
NKK Switches Co. Ltd. is a world leader in the design and manufacture of top quality switches, switch components and related products. Founded in 1932, the company has developed into a major international producer with a range of products and services that are offered around the world. With a market cap of 4.69B as of 2023 and a Return on Equity (ROE) of 5.48%, NKK Switches Co. Ltd. is well-positioned to continue its growth and development into the future. The company’s products are designed to meet the highest quality standards and their commitment to innovation ensures that they remain at the cutting edge of switch technology. NKK Switches Co. Ltd. is committed to providing superior quality switches and components, as well as excellent customer service and support.
– NFK HOLDINGS Co Ltd ($TSE:6494)
NFK HOLDINGS Co Ltd is a publicly traded company headquartered in Japan that specializes in manufacturing and selling electronic components and systems. The company has a market capitalization of 4.23 billion as of 2023, which indicates that it is a large-cap company with a significant presence in the industry. Additionally, the company has an impressive Return on Equity of 1.24%, which indicates that its shareholders are being rewarded for their investment. This suggests that the company is utilizing its resources in a profitable manner and is able to generate strong profits.
– Atech OEM Inc ($TPEX:6109)
ATech OEM Inc is a leading manufacturer of precision components and assemblies for the medical, aerospace and defense industries. The company has a market cap of 1.29B as of 2023, representing the current public evaluation of the company. The Return on Equity (ROE) of 8.14% reflects the company’s efficient use of shareholders’ funds. ATech OEM Inc has been able to successfully generate profits from its operations that are higher than the investments made by its shareholders. The company’s prudent financial management and strategic operational approach have enabled it to achieve high ROE and remain competitive in the market.
Summary
Investing in PULSTEC INDUSTRIAL is an attractive choice for dividend investors. Over the past 3 years, the company has paid a dividend per share of 85.0 JPY, 85.0 JPY and 45.0 JPY, resulting in a dividend yield of 4.79%, 4.79% and 2.44% respectively. This averages out to a yield of 4.01%, which is higher than the market average.
Furthermore, the company has a strong balance sheet and is well-positioned to continue to pay dividends in the future. Investors can benefit from PULSTEC INDUSTRIAL’s steady and reliable dividends as well as enjoy potential capital appreciation in the long run.
