Raiznext Corporation dividend yield – Raiznext Corporation Announces 58.0 Cash Dividend
March 21, 2023
Dividends Yield
Raiznext Corporation ($TSE:6379) has recently announced a cash dividend of 58.0 JPY on March 2 2023, offering investors an opportunity to benefit from a dividend yield. Over the past three years, the company has had an average dividend yield of 4.69%, with the 2021 and 2022 dividends per share being 58.0 JPY and 55.0 JPY respectively. The corresponding dividend yields for these years are 4.97%, 4.97%, and 4.12%, with the ex-dividend date for the 2023 dividend set for March 30. For those looking to invest in stocks with a dividend yield, RAIZNEXT CORPORATION may be a suitable option. The company has demonstrated a consistent track record of issuing dividends, and investors can enjoy a reliable return through its dividends policy.
In addition, the company has a history of increasing its dividend payment each year, which is likely to make it attractive to income investors. By investing in RAIZNEXT CORPORATION, investors will have the chance to benefit not only from the income potential of the dividend, but also from potential capital growth over time. With the right portfolio management strategy, investors can maximize their return on investment and benefit from the company’s long-term success.
Share Price
The stock opened at JP¥1382.0, and ended the day at JP¥1392.0, a 0.8% increase from its previous closing price of 1381.0. This dividend will be distributed to shareholders who own the stock before the ex-dividend date, which has not yet been announced. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Raiznext Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 138.52k | 8.81k | 6.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Raiznext Corporation. More…
| Operations | Investing | Financing |
| 16.55k | -2.23k | -2.85k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Raiznext Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 109.13k | 27.7k | 1.46k |
Key Ratios Snapshot
Some of the financial key ratios for Raiznext Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | 11.3% | 8.8% |
| FCF Margin | ROE | ROA |
| 9.7% | 9.6% | 7.0% |
Analysis
At GoodWhale, we recently completed an analysis of RAIZNEXT CORPORATION‘s financials and our findings indicate that, according to our Risk Rating system, RAIZNEXT CORPORATION is a medium risk investment in terms of financial and business aspects. We have identified two particular risk warnings in their income sheet and balance sheet, which could be indicative of potential issues. If you would like to take a closer look at our analysis, please register on GoodWhale.com for further information. More…
Peers
Competing against some of the most renowned companies in the industry such as Takada Corp, Kyowanissei Co Ltd, and Ito Yogyo Co Ltd, Raiznext Corp is a formidable force that is continuously innovating and pushing the limits of technology.
– Takada Corp ($TSE:1966)
Takada Corp is a leading global manufacturer and supplier of automotive, industrial, and medical components. With a market cap of 7.85B as of 2023, they are well-positioned in their respective markets. Their Return on Equity (ROE) of 8.0% demonstrates the company’s ability to generate profits for their shareholders. Takada Corp is committed to providing high-quality products and services to its customers and has built a strong reputation in various industries.
– Kyowanissei Co Ltd ($TSE:1981)
Kyowanissei Co Ltd is a Japanese company that specializes in various industries across the business spectrum. The company has a market cap of 16.35B as of 2023, and is one of the leading Japanese companies in terms of market capitalization. Additionally, Kyowanissei Co Ltd has a Return on Equity of 5.01%, indicating that the company is financially sound and is able to generate returns for its shareholders.
– Ito Yogyo Co Ltd ($TSE:5287)
Ito-Yogyo Co Ltd is a Japanese chemical engineering and manufacturing conglomerate. Founded in 1941, the company has grown to become one of the largest and most respected companies in Japan. The company has a market capitalization of 1.75 billion dollars as of 2023 and a Return on Equity (ROE) of 3.72%. Ito-Yogyo’s expansive business portfolio includes the production of chemicals and plastics, as well as an extensive range of products for the industrial and consumer markets. The company is also engaged in the manufacture and sale of machinery, plant construction and maintenance, energy generation, environmental protection, and recycling services. Ito-Yogyo is dedicated to providing innovative and cutting-edge solutions to meet customer needs.
Summary
RAIZNEXT CORPORATION is an attractive investment for those seeking a dividend yield. Over the past three years, the company has consistently provided an average yield of 4.69%. It has sustained this high dividend yield by issuing an annual dividend per share of 58.0 JPY in 2021 and 2022, and 55.0 JPY in 2023. Analysts have noted that its dividend is well covered by its profits, making it a safe and reliable investment.
Additionally, the company has continued to produce impressive returns, making it a top choice for investors. Overall, RAIZNEXT CORPORATION is a solid investment option with a healthy dividend yield and consistent returns.
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