On The Dividend Payout Ratio of Japanese Stocks

In an article in September I wrote that the payout ratio of U.S. is on a long-term decline and is now less than 40%. The payout ratio for European companies is on an uptrend and has reached about 50%. Compared to U.S. and European companies, Japanese companies are very stingy when it comes to rewarding …

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Tire Maker Bridgestone Corp’s Stock Split

Japan-based Bridgestone Corp is the world’s largest tire maker in terms of sales revenues from tires only. The company’s annual tire sales revenue exceeds $28.6 billion. Bridgestone’s stock trades as an unsponsored ADS on the OTC market under the ticker BRDCY. Today the stock closed at $71.60. Until today, one ADS represented two ordinary shares. Due …

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Japan: The Best Performing Equity Market YTD

Japanese stocks have had an incredible run so far this year. The benchmark Nikkei 225 index is up 32.7% as May 1st. Compared to this, only a few of the developed indices are up by double digit percentages. The year-to-date (YTD) performance of major developed indices as of May 1st are listed below: DAX: 4.0% …

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