Introducing high-dividend stocks- 1887 JDC CORPORATION

Today I will talk about JDC CORPORATION, which is a medium-sized general construction company and skillful at civil engineering works.

The above images are from JDC CORPORATION’s website

 

 

1887   JDC CORPORATION

JDC CORPORATION is good at civil engineering work, such as roads, tunnels, bridges, dams, airports, and coastal / water / sewage plumbing work.

Although there are many high-impact constructions such as reconstruction work after the Great East Japan Earthquake, and development projects in Tokyo for 2020, it can be said to be a general construction company because it also handles buildings and apartment houses.

 

5309/6 last closing price) The latest stock price← click here  Trading unit: 100

The final month of the settlement: May Dividend yield 5.28%   PER 5.69  PBR 0.72

Equity ratio48%

 

In the 1990s after the collapse of the bubble economy, as many construction companies did, JDC CORPORATION experienced two major shocks due to a significant drop in orders and a non-performing assets problem which cause it to delisted.

However, in March of this year, it achieved its long cherished wish of being listed again.
For this reason, it seems that there are many people who have bitter memories of the stock performance of this company.

 

Transition of business results

 

Net sales

Operating

profit

Net profit

Net profit

per share

dividend

Dividend

payout ratio

2017.5

109,117

7,460

3,667

41.4

7.5

18%

2018.5

117,579

15,669

10,262

137.9

15

11%

2019.5

119,525

14,576

10,499

140

32

23%

2020.5

125,000

9,800

8,100

107.7

28

26%

Unit of sales, operating profit, net income is one-million yen

The figure for May 2020 is the predicted value

 

Cash flow statement

2019.5

2018.5

CF operating activities

54

93

CF investing activities

136

62

CF financing activities

24

43

One unit is one hundred million yen

Note: You should be responsible for your own investment. Please make your own final judgment.