Somar Corporation dividend yield – Somar Corporation Announces 50.0 Cash Dividend
March 19, 2023
Dividends Yield
On March 1 2023, Somar Corporation ($TSE:8152) announced a 50.0 JPY cash dividend per share for the year. For the past three years, the company has consistently paid this amount to its shareholders. The dividend yields for the mentioned period are estimated to be 2.83%, 2.83%, and 3.57%, with an average dividend yield of 3.08%. Somar Corporation is a great option for investors who are passionate about dividend stocks. With consistent dividends and a relatively high dividend yield, this company is a reliable choice for those looking for steady returns from their investments.
The ex-dividend date for this cash dividend is scheduled to be on March 30, 2023. Overall, Somar Corporation is an excellent option for anyone looking to build wealth through reliable dividend stocks. With a high dividend yield and consistent cash dividends, this company offers investors an attractive return on their investment.
Share Price
The news of the dividend announcement saw Somar Corporation‘s stock price rise by 1.1% from its prior closing price of 1954.0 to JP¥1975.0 with the opening stock price at JP¥1945.0. This dividend will benefit both existing and potential shareholders of Somar Corporation, with the dividend payment amounting to a total of JP¥50.0 per share. This is in addition to the recent share repurchase program and continued commitment to providing value to current and prospective stakeholders. The Somar Corporation’s stocks are currently traded on the Tokyo Stock Exchange and its board of directors has stated their commitment to maintaining a stable dividend policy for the long-term benefit of shareholders.
In addition, Somar Corporation has also committed to maintaining a high return on its capital investments and exploring new avenues for growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Somar Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 24.3k | 592.79 | 2.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Somar Corporation. More…
| Operations | Investing | Financing |
| -962.54 | -401.59 | -102.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Somar Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 23.92k | 9.02k | 7.53k |
Key Ratios Snapshot
Some of the financial key ratios for Somar Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | 33.6% | 3.4% |
| FCF Margin | ROE | ROA |
| -5.4% | 3.5% | 2.2% |
Analysis
At GoodWhale, we have conducted an analysis of SOMAR CORPORATION‘s wellbeing. The results of the assessment show that SOMAR CORPORATION is classified as a medium risk investment by our Risk Rating system. This classification is based on both financial and business aspects. We have also detected two risk warnings in the income sheet and balance sheet of SOMAR CORPORATION. To access more detailed information on our assessment, please become a registered user with GoodWhale. More…
Summary
SOMAR CORPORATION is an attractive choice for dividend investors seeking reliable income streams. Over the last three years, the company has paid a dividend of 50.0 JPY per share. Going forward, the dividend yield is expected to be around 2.83% in 2021 and 2022, and 3.57% in 2023.
On average, the dividend yield stands at 3.08%. This presents investors with an opportunity to earn steady and reliable returns from their investments in this company.
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