Aichi Steel Corporation manufactures and sells steel, forged products, and electro-magnetic products in Japan. The company offers specialty steel, including carbon, alloy, H-shaped, micro alloyed, boron, spring, and high carbon chrome bearing steel, as well as alloy steel bolting materials; and stainless steel products, such as angle and unequal angle bars, channel bars, compression bars, round bars, flat and square bars, H-beams and T-bars, and custom welded shaped steel products, as well as stainless steel products for high-pressure hydrogen, blades, building structures, and water sluices. It also provides titanium round, angle, and flat bars; engine components, steering/chassis components, transmission components, drive components, hot extruded products, and hot/cold composite forgings; cold and hot work tool steel products; electromagnetic components comprising MI sensors, Nd-Fe-B resin bonded magnets, dental magnetic attachments, and electronic materials and components; amorphous wire; and TetsuRiki agri/aqua, which are iron ions used for plants. In addition, the company is involved in the production and sale of flame retardant materials; design and installation of industrial furnaces; mining, processing, and sale of limestone and other minerals; cargo transportation, handling, and storage activities; development of software; and sale and maintenance of computers and accessories devices. Further, it engages in the sale of daily commodities, as well as provision of restaurant services, lunch catering services, travel agency services, gardening services, etc.; design, development, manufacture, and sales of forging dies; and manufacture and sales of crude specialty steel. Aichi Steel Corporation was founded in 1934 and is headquartered in Tokai, Japan.
Aichi Steel Dividend Announcement
• Aichi Steel announced a semi annually dividend of ¥70.00 per ordinary share which will be made payable on 2025-05-01. Ex dividend date: 2025-03-28
• Aichi Steel's trailing twelve-month (TTM) dividend yield is 2.68%
• Aichi Steel's payout ratio for the trailing twelve months (TTM) is 39.27%
Aichi Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥70.00 | semi annually | 2025-05-01 |
2024-09-27 | ¥70.00 | semi annually | 2024-11-26 |
2024-03-28 | ¥60.00 | semi annually | |
2023-09-28 | ¥40.00 | semi annually | 2023-11-27 |
2023-03-30 | ¥20.00 | semi annually | 2023-06-02 |
2022-09-29 | ¥10.00 | semi annually | 2022-11-25 |
2022-03-30 | ¥10.00 | semi annually | 2022-06-02 |
2021-09-29 | ¥20.00 | semi annually | 2021-11-26 |
2021-03-30 | ¥45.00 | semi annually | 2021-06-03 |
2020-03-30 | ¥70.00 | semi annually | 2020-06-19 |
2019-09-27 | ¥60.00 | semi annually | 2019-11-26 |
2019-03-27 | ¥60.00 | semi annually | 2019-06-24 |
2018-09-26 | ¥60.00 | semi annually | 2018-11-27 |
2018-03-28 | ¥70.00 | semi annually | 2018-06-25 |
2017-09-27 | ¥50.00 | semi annually | 2017-11-27 |
2017-03-29 | ¥50.00 | semi annually | 2017-06-22 |
2016-09-28 | ¥5.00 | semi annually | |
2016-03-29 | ¥5.00 | semi annually | |
2015-09-28 | ¥5.00 | semi annually | |
2015-03-27 | ¥5.00 | semi annually | |
2014-09-26 | ¥5.00 | semi annually | |
2014-03-27 | ¥5.00 | semi annually |
Aichi Steel Dividend per year
Aichi Steel Dividend growth
Aichi Steel Dividend Yield
Aichi Steel current trailing twelve-month (TTM) dividend yield is 2.68%. Interested in purchasing Aichi Steel stock? Use our calculator to estimate your expected dividend yield:
Aichi Steel Financial Ratios
Aichi Steel Dividend FAQ
Other factors to consider when evaluating Aichi Steel as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Aichi Steel's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Aichi Steel publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Aichi Steel distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Aichi Steel are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Aichi Steel sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Aichi Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aichi Steel declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Aichi Steel's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Aichi Steel's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.