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Altech Co., Ltd., a trading company, provides machines and equipment. It offers printing machines and film laminators; converting equipment for producing various types of plastic and laminate tubes; synthetic resin and rubber processing equipment; and food, medicines, medical care, cosmetics, and water treatment equipment. The company also provides various systems and solutions, such as ultrasonic sprays, photonic sintering system, and other solutions for thin film deposition, coating, curing, sintering, inspection, and evaluation processes; solutions for ID card and passport manufacturing, EMVCo credit card payment, and wireless charging, as well as hardware security evaluating solutions; and a range of 3D printers and its related services. In addition, it offers logistics and manufacturing site systems; and dies for blow molding machines used for PET bottle manufacturing, leak testers, ultrasonic defoamers, and various measuring equipment. Further, the company manufactures and sells preforms for heat-resistant PET bottles used in beverages; PET bottles for aseptic filling; and PET bottles for cooking oils, PE caps, and other items. Altech Co., Ltd. was founded in 1976 and is headquartered in Tokyo, Japan.

Altech Dividend Announcement

Altech announced a annually dividend of ¥7.00 per ordinary share which will be made payable on 2025-02-01. Ex dividend date: 2024-11-28
Altech annual dividend for 2024 was ¥7.00
Altech annual dividend for 2023 was ¥7.00
Altech's trailing twelve-month (TTM) dividend yield is 3.4%
Altech's dividend growth over the last five years (2018-2023) was 11.84% year
Altech's dividend growth over the last ten years (2013-2023) was 8.84% year

Altech Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-28¥7.00annually2025-02-01
2023-11-29¥7.00annually2024-02-29
2022-11-29¥9.00annually2023-02-28
2021-11-29¥3.00annually2022-02-28
2020-11-27¥3.00annually2021-02-26
2019-11-28¥3.00annually2020-02-28
2018-11-28¥4.00annually2019-02-28
2017-11-28¥3.00annually2018-02-28
2016-11-28¥3.00annually
2015-11-26¥3.00annually
2014-11-26¥3.00annually
2013-11-27¥3.00annually

Altech Dividend per year

Altech Dividend growth

Altech Dividend Yield

Altech current trailing twelve-month (TTM) dividend yield is 3.4%. Interested in purchasing Altech stock? Use our calculator to estimate your expected dividend yield:

Altech Financial Ratios

P/E ratio-5.50
PEG ratio0.24
P/B ratio0.23
ROE-4.42%
Payout ratio0.00%
Current ratio1.78
Quick ratio1.37
Cash Ratio0.57

Altech Dividend FAQ

How much is the next Altech dividend?
Altech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Altech dividend. The next Altech dividend will be released in November.
When is Altech dividend paid?
Altech pays dividends on a annually basis. The specific dates may vary each year but are generally around November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Altech pay?
The specific amount of Altech dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Altech's dividend history.
Does Altech stock pay dividends?
Yes, Altech does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Altech's dividend history.
How much dividend does Altech pay?
Altech paid ¥7 in 2024, ¥7 in 2023, ¥9 in 2022, ¥3 in 2021, and ¥3 in 2020.
How often does Altech pay dividends?
Altech typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around November.
What is Altech's dividend yield?
The current dividend yield for Altech is 3.4%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Altech's exact dividend yield.
When does Altech go ex dividend?
Altech's ex-dividend date for the latest dividend was on 2024-11-28. Altech typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Altech dividend paid?
Altech pays dividends on a annually basis, typically around November, but the exact dates can vary each year.
Will Altech increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Altech will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Altech dividend per share?
Altech paid ¥7 per share in 2024 and ¥7 per share in 2023. The amount of dividend per share that Altech pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Altech a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Altech a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Altech a dividend stock?
Yes, Altech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Altech a good dividend stock?
Whether Altech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Altech has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Altech 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.
Does Altech pay dividends monthly?
Altech typically pays dividends on a annually basis.
Does Altech pay dividends quarterly?
Altech currently pays dividends on a annually basis.
Has Altech ever paid a dividend?
Yes, Altech has a history of paying dividends to its shareholders. Altech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Altech dividend stocks?
To buy Altech you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Altech stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Altech pay dividends 2024?
Altech pays dividends on a annually basis. 2024 dividend payments are in 2025-02-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Altech increase its dividend in 2024?
Decisions regarding Altech dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Altech dividend overview you can look into the above table of dividend history.
How Altech dividend works?
The Altech dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Altech's dividend process works:

1. Determination of Dividend: Altech'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, Altech 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, Altech 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 Altech 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.
How are Altech dividends paid?
Altech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Altech 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, Altech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Altech 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.
How many times does Altech pay dividends?
Altech typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Altech pay dividends?
The general pattern is that Altech pays dividends around November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Altech dividend safe?
The safety of Altech's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Altech'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 Altech'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.