Taihei Dengyo Kaisha dividend yield – Taihei Dengyo Kaisha Ltd Declares 110.0 Cash Dividend
March 24, 2023
Dividends Yield
Taihei Dengyo Kaisha ($TSE:1968) Ltd (TAIHEI DENGYO KAISHA) has declared a 110.0 JPY cash dividend on March 1 2023. This comes after the company has paid out dividends per share of 100.0 JPY, 100.0 JPY, and 80.0 JPY over the past three years respectively, resulting in a dividend yield of 3.77%, 3.61%, and 3.72% respectively. These yields are on average higher than the market yields, making TAIHEI DENGYO KAISHA an attractive option for investors looking for dividend stocks. The ex-dividend date for this cash dividend is set for March 30 2023, so investors should be aware of this date before purchasing shares in the company.
Market Price
The announcement came after the stock opened for trading at JP¥3880.0 and closed at JP¥3995.0, which was up by 2.8% from the previous closing price of JP¥3885.0. This announcement marks TDK’s commitment to delivering value to their shareholders while indicating a healthy financial performance of the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Taihei Dengyo Kaisha. More…
| Total Revenues | Net Income | Net Margin |
| 128.21k | 10.57k | 8.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Taihei Dengyo Kaisha. More…
| Operations | Investing | Financing |
| 14.48k | -8.68k | -3.85k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Taihei Dengyo Kaisha. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 137.58k | 49.98k | 4.35k |
Key Ratios Snapshot
Some of the financial key ratios for Taihei Dengyo Kaisha are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.2% | 40.3% | 12.2% |
| FCF Margin | ROE | ROA |
| 5.3% | 11.6% | 7.1% |
Analysis
GoodWhale has been analyzing the fundamentals of TAIHEI DENGYO KAISHA and we have concluded that it is a medium risk investment in terms of financial and business aspects. Through our Risk Rating, we have identified two risk warnings in their income sheet and cashflow statement. If you would like to take a closer look at these potential risks, make sure to register with us at GoodWhale. Our experts will be more than happy to provide you with detailed advice so that you can make an informed decision. More…
Peers
The competition between Taihei Dengyo Kaisha Ltd and its competitors, Raiznext Corp, Kyowanissei Co Ltd, and OAT Inc, has become increasingly fierce. As all of these businesses strive to stay ahead of the competition and deliver the best possible products and services to their customers, it is clear that each company is determined to stay ahead of the game.
– Raiznext Corp ($TSE:6379)
Raiznext Corp is a leading conglomerate that specializes in tech and entertainment services. The company has consistently been a leader in the industry and as of 2023, it has a market cap of 79.57 billion dollars. With such a large market cap, it is evident that Raiznext Corp is an established business with a strong financial footing. Additionally, the company boasts an impressive Return on Equity of 9.56%, making it one of the most profitable organizations in its sector. It is no surprise that the company continues to be a top performer year after year.
– Kyowanissei Co Ltd ($TSE:1981)
Kyowanissei Co Ltd is a Tokyo-based consumer electronics manufacturer. The company has a market capitalization of 16.46B as of 2023, indicating its large size and market presence. Additionally, its Return on Equity (ROE) stands at 5.01%, indicating the company’s financial efficiency in managing its assets and liabilities. Kyowanissei Co Ltd specializes in the production of electronics such as mobile phones, tablets, laptops, and other consumer electronics products. The firm also provides IT services and develops software for its products.
– OAT Inc ($OTCPK:OATN)
FLOAT Inc is a leading technology company that specializes in software and services for the financial industry. They offer a range of products and services to help financial organizations manage their finances more efficiently. As of 2023, FLOAT Inc has a market cap of 116.19k, making it one of the smaller companies in its sector. Despite its small market cap, it has still managed to generate a healthy return on equity of 12.76%. This indicates that the company is doing well and is able to generate profits from its operations, while also providing its investors with a good return on their investments.
Summary
TAIHEI DENGYO KAISHA is an attractive investment due to its consistent dividend payments over the past three years. On average, the firm has paid out a dividend yield of 3.72% per share, ranging from 3.77% to 3.61%. The company has also consistently paid out a dividend of 100 JPY per share over the past three years, making it an appealing option for long-term investors looking for steady returns.
This stable dividend history has provided shareholders with an attractive risk-to-reward ratio. Furthermore, the dividend yields are well above the current market average, making TAIHEI DENGYO KAISHA a lucrative investment opportunity.
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