Japan Smaller Capitalization Fund, Inc.
JOFFinancial Services · Stock · monthly payer
$11.57
Add to PortfolioForward Yield
9.38%
Annual Dividend
$1.09
Payout Ratio
16%
5-Yr Growth
-23.7%
Ex-Date
Jun 15, 2026
Frequency
Monthly
JOF Dividend Safety Score
53/ 100
Grade C
Borderline
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage16% of earnings paid out
Yield vs its historyYield is 2.3× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is JOF a good dividend stock?
MixedJapan Smaller Capitalization Fund, Inc. (JOF) pays a monthly dividend yielding 9.38% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (16%)
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 9.38%
- Payout Ratio
- 16%
- Annual Dividend
- $1.09
- 5-Yr Avg Growth
- -23.7%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.49
- Market Cap
- $327.8M
- P/E Ratio
- 2.3
- 5-Yr Total Return
- 27%
- 52-Week Range
- $9.36 – $12.76
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0890 | regular |
| Apr 15, 2026 | — | $0.0890 | regular |
| Mar 16, 2026 | — | $0.0890 | regular |
| Feb 13, 2026 | — | $0.0890 | regular |
| Jan 15, 2026 | — | $0.0890 | regular |
| Dec 15, 2025 | — | $0.0890 | regular |
| Nov 14, 2025 | — | $0.0890 | regular |
| Oct 15, 2025 | — | $0.0890 | regular |
| Sep 15, 2025 | — | $0.0890 | regular |
| Aug 15, 2025 | — | $0.0890 | regular |
| Jul 15, 2025 | — | $0.0890 | regular |
| Dec 19, 2024 | — | $0.3120 | regular |
| Dec 18, 2023 | — | $0.2660 | regular |
| Dec 19, 2022 | — | $0.0460 | regular |
Income Calculator
At $1.09 / yr per share
Per payment (monthly)$9.08
Annual$109.00
Monthly avg$9.08
