Cargo Transportation and Infrastructure Services

Kuribayashi Steamship Co., Ltd.

9171

Kuribayashi Steamship Co., Ltd. (TSE:9171) is set to go ex-dividend on March 30, with a dividend payment of JP¥25.00 per share. The company has a low payout ratio of 8.2% of its income and paid out only 5.3% of its free cash flow as dividends last year, indicating sustainability. With earnings growing at 55% annually over the past five years and a historical dividend growth rate of 15%, Kuribayashi Steamship appears to be a solid investment for dividend-seeking investors. However, potential investors should be aware of two warning signs before investing.

Simplywall

Kuribayashi Steamship Co., Ltd. (TSE:9171) Looks Interesting, And It's About To Pay A Dividend

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With several oil tankers damaged, Hapag-Lloyd, CMA CGM, and Japan's three major shipping giants have successively announced the suspension of shipping operations in the region. Currently, the total number of cargo ships forced to anchor and halt operations in the Persian Gulf has exceeded 150. (China News Weekly)

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Over 150 cargo ships forced to anchor and suspend operations in the Persian Gulf

Japanese shipping companies have ceased their operations in the Persian Gulf due to the intensifying military conflict in Iran. Bloomberg posted on X, highlighting the growing concerns over safety and security in the region. The decision comes as tensions continue to rise, impacting global shipping routes and trade. The suspension reflects the broader uncertainty affecting international maritime activities in the area.

CoinLive

Japanese Shipping Companies Halt Operations Amid Persian Gulf Conflict

Kuribayashi Steamship Co., Ltd.(9171.JP)

Kuribayashi Steamship Co., Ltd. (TSE:9171) Looks Interesting, And It's About To Pay A Dividend

Over 150 cargo ships forced to anchor and suspend operations in the Persian Gulf

Japanese Shipping Companies Halt Operations Amid Persian Gulf Conflict