Internet Initiative Japan Inc. · IIJIY · OTC
Dividend report · updated Nov 9, 2026
$47.02 +3.36% on the day, +$1.53
IIJIY stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is IIJIY’s dividend Very Safe or High Risk? 12 checks scored. Payout ratio, raise streak, recession record and 9 more. Show the rating
Yearly payout / yield
$0.61·1.29%
$0.303 twice a year x 2 ⓘ
Next payment
~$0.303/half-yr
pays ~Jun 23, 2027 (est.) ⓘ
Next ex-date
Mar 31, 2027est.
own by Mar 30, 2027 ⓘ
Years without a cut
18+ yrs
2 yrs of raises ⓘ
Paying since
2007
42 payments on file
Yield vs history ⓘ
75
Above its usual yield
IIJIY share price & total return
Daily closing price, adjusted for stock splits.
Last 20 payments
IIJIY Dividend Growth (CAGR)
1Y +42.3%3Y +9.2%5Y +11.2%10Y +21.0%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). Light bar = declared, not yet paid. The enlarge button shows all 42 payments since 2007.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 declared and not yet paid), not a promise.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +10.17% a year, its typical raise over the last 5 years. 1 one-off jump of 2x or more is left out. From 2029 it slows by a quarter each year, to no less than 5%. Today's $0.61 a year would be $0.88 by 2031 - 1.87% on today's $47.02 price.

How Many IIJIY Shares for $500 or $1,000 a Month?

At $0.61 a share a year, $500 a month takes about 9,901 IIJIY shares, about $465,545 at the Nov 9, 2026 close of $47.02. $1,000 a month takes about 19,802 shares, about $931,090. Before taxes, and only while the rate holds.

Internet Initiative Japan (IIJIY) pays $0.303 a share twice a year, $0.61 a year, a 1.29% run-rate yield at the Nov 9, 2026 close of $47.02. It has paid since 2007 and raised its annual dividend 2 years in a row.

At today’s rate of $0.303 twice a year and the last close of $47.02, this is what IIJIY pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.303$0.05$0.61
100 shares$30.30$5.05$60.60
$10,000 invested (212.7 shares)$64.44$10.74$128.88
9,901 shares ($500/mo)$3,000.00$500.00$6,000.01
19,802 shares ($1,000/mo)$6,000.01$1,000.00$12,000.01

With DRIP on, every payment buys more shares instead of landing as cash. 100 IIJIY shares reinvest into 0.64 new shares each payment, about 1.3 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 156 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with IIJIY’s own history in the IIJIY DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See IIJIY’s rating and its 12 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (FCF): is spare cash enough to pay the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

IIJIY Dividend Yield Today vs Its 5-Year Range

75/100Above its usual yieldvs its 10-yr history
  • IIJIY yields 1.29% today, at the Nov 9, 2026 close of $47.02.
  • Its own 10-year median is 0.95%, so today’s yield is above its usual level.
  • No steady norm: its payout changed too much in 3 years to read a steady norm. So this reads today’s yield against its own 10-year history as it is.
Last 5 years: lowest to highest month-end yield
0.71% low1.75% high
Blue mark = today, grey = its 10-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is IIJIY’s Next Dividend? Ex-Date and Pay Date After December 2026

IIJIY has not declared its next dividend yet. By its usual rhythm of about 182 days between ex-dates, the next ex-date falls around Mar 31, 2027, with the cash around Jun 23, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.303 a share, went ex on Sep 30, 2026 and pays Dec 7, 2026.

  • Ex-dates: about every 182 days (semi-annual)
  • Payment: usually about 84 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does IIJIY Pay?

IIJIY pays twice a year, 2 times a year. Recent payments arrived in Dec, with ex-dates in Sep. The ex-date comes about every 182 days, and the cash usually lands about 84 days later.

Paid in the last 12 months
$0.59 a share, in 3 payments.
+142.0% against the 12 months before ($0.24 in 1 payment).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Dec. Ex-dates fall in Sep (latest 2 payments).
Raise history
  • Streak: 2 years of higher annual totals (through 2025)
  • Last change: cut Mar 30, 2026 - $0.242 to $0.1222 (-49.50%)
  • Last raise: Sep 30, 2025 - $0.233 to $0.2506 (+$0.0176, +7.54%)
  • Usual $ step: $0.0637 (median of the raises before it)
Coverage
  • EPS payout: 23.6% - $0.43 paid / $1.81 EPS (4 quarters to Jun 30, 2026); own 4-yr norm 22.1% (median of 12 earlier trailing years)
  • FCF payout: 33.4% - $0.43 paid / $1.27 free cash flow per share (4 quarters to Jun 30, 2026); own 4-yr norm 20.5% (median of 12 earlier trailing years)

IIJIY vs Similar Dividend Stocks (TKC, JOYY...)

Against the 10 dividend-paying Communication Services companies closest to IIJIY in market value, IIJIY’s 1.29% run-rate yield is below the group’s middle yield of 2.53%, and its raise streak of 2 years is the 2nd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating No cut ⓘ
IIJIY $47.02Internet Initiative Japan $0.303/half-yr$0.61/yr fwd 1.29% Dividend Safety Rating: paid plans only 18+ yrsraised 2 yrs in a row
TKC $4.76Turkcell Iletisim Hizmetleri A.S. $0.106/yr 2.23% Dividend Safety Rating: paid plans only 3 yrsno raise streak
JOYY $81.49JOYY, Inc. Sponsored ADR Class A $1.55/qtr$6.20/yr fwd 7.61% Dividend Safety Rating: paid plans only 1+ yrno raise streak
PHI $18.26PLDT $0.752/half-yr$1.50/yr fwd 8.24% Dividend Safety Rating: paid plans only 8 yrsno raise streak
TDS $33.86Telephone and Data Systems $0.04/qtr$0.16/yr fwd 0.47% Dividend Safety Rating: paid plans only 1 yrno raise streak
CNK $40.89Cinemark Holdings $0.09/qtr$0.36/yr fwd 0.88% Dividend Safety Rating: paid plans only 1 yrno raise streak
IRDM $45.08Iridium Communications $0.15/qtr$0.60/yr fwd 1.33% Dividend Safety Rating: paid plans only 2+ yrsraised 2+ yrs in a row
VSNT $35.09Versant Media Group $0.375/qtr$1.50/yr fwd 4.27% Dividend Safety Rating: paid plans only —no raise streak
HTWSF $2.96Helios Towers $0.0082/qtr$0.03/yr fwd 1.10% Dividend Safety Rating: paid plans only —no raise streak
AD $30.38Array Digital Infrastructure $11.00/half-yr$22.00/yr fwd 72.42% Dividend Safety Rating: paid plans only —no raise streak
WLY $50.54John Wiley & Sons $0.3575/qtr$1.43/yr fwd 2.83% Dividend Safety Rating: paid plans only 40+ yrsraised 32 yrs in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: IIJIY vs TKC, IIJIY vs JOYY, IIJIY vs PHI.

IIJIY Dividend History: Every Payment Since 2007

Ex-datePay dateAmountFrequencyType
Sep 30, 2026Dec 7, 2026$0.303Semi-annualDeclared
Sep 29, 2026Dec 7, 2026$0.2761Semi-annualDeclared
Mar 31, 2026Jul 9, 2026$0.213Semi-annualRegular
Mar 30, 2026Jun 29, 2026$0.1222Semi-annualRegular
Sep 30, 2025Dec 15, 2025$0.2506Semi-annualRegular
Mar 31, 2025Apr 2, 2025$0.242Semi-annualRegular
Sep 30, 2024Oct 2, 2024$0.233Semi-annualRegular
Mar 27, 2024Jul 8, 2024$0.1496Semi-annualRegular
Sep 28, 2023Dec 18, 2023$0.1694Semi-annualRegular
Mar 30, 2023Jul 10, 2023$0.1471Semi-annualRegular
The other 32 IIJIY payments come with a paid plan.
Show all 42 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for IIJIY

UnlockDividend Safety Rating: paid plans only
See where IIJIY lands, and why.
See the rating & factors »
Own IIJIY? Your payouts fill in by themselves Add IIJIY once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track IIJIY →

IIJIY Dividend Questions

How often does IIJIY pay dividends?

IIJIY pays twice a year, 2 times a year. Recent payments arrived in Dec, with ex-dates in Sep. The ex-date comes about every 182 days, and the cash usually lands about 84 days later.

Does IIJIY pay dividends monthly?

No. IIJIY pays twice a year, 2 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next IIJIY dividend?

IIJIY has not declared its next dividend yet. By its usual rhythm of about 182 days between ex-dates, the next ex-date falls around Mar 31, 2027, with the cash around Jun 23, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.303 a share, went ex on Sep 30, 2026 and pays Dec 7, 2026. The current rate is $0.303 per share, $0.61 a year.

Does IIJIY pay a dividend in June 2027?

Not declared yet. By its usual rhythm the next ex-date falls around Mar 31, 2027, with the cash around Jun 23, 2027, so a payment in June 2027 is likely. Only the company’s declaration makes it final.

How much does IIJIY pay per share?

IIJIY pays $0.303 a share twice a year, $0.61 a year. At the Nov 9, 2026 close of $47.02 that is a 1.29% run-rate yield, above its usual level: its own 10-year median is 0.95%.

Has IIJIY raised its dividend?

Yes. IIJIY has raised its annual dividend 2 years in a row, through 2025. The latest raise, on Sep 30, 2025, took the rate from $0.233 to $0.2506 (+7.54%). Since then the rate was cut on Mar 30, 2026, from $0.242 to $0.1222. Over five years the dividend grew 11.2% a year.

Is IIJIY’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. IIJIY paid out 24% of its earnings and 33% of its free cash flow as dividends over the 4 quarters to Jun 30, 2026. It has raised its dividend 2 years in a row and gone 18+ years without a cut. This is data, not investment advice. The full 12-check rating comes with a plan.

How do I track my IIJIY dividends?

Add IIJIY to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run IIJIY in the DRIP calculator.

More Dividend Lists and Tools

How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 9, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 12 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.