原帖由 mikeon88 於 2018-7-24 08:26 發表
- Compared to U.S. and European companies, Japanese companies are very stingy when it comes to rewarding their shareholders in the form of dividends. In fact, income investors generally do not consider Japanese stocks when evaluating the equity universe in the the developed world for dividend stocks. As of Nov 13, the dividend yield for U.S. stocks is 1.9% while the yields on the France, Germany, Spain and U.K. stocks are 3.1%, 2.8%, 4.4% and 3.8% respectively according to FT Market Data. The dividend yield for Japan stocks is lower than that of the U.S. stocks at just 1.7%.https://seekingalpha.com/article/2688275-on-the-dividend-payout-ratio-of-japanese-stocks
- Poor management of companies in terms of governance, transparency, etc.
- Shareholder unfriendly policies.
- Low payout of profits to investors in the form of dividends and buybacks.
- Low participation rate of domestic investors in equity markets.
- Sometimes the Bank of Japanis the largest shareholder in many large companies.