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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-28 | ¥7.00 | annually | 2025-02-01 |
2023-11-29 | ¥7.00 | annually | 2024-02-29 |
2022-11-29 | ¥9.00 | annually | 2023-02-28 |
2021-11-29 | ¥3.00 | annually | 2022-02-28 |
2020-11-27 | ¥3.00 | annually | 2021-02-26 |
2019-11-28 | ¥3.00 | annually | 2020-02-28 |
2018-11-28 | ¥4.00 | annually | 2019-02-28 |
2017-11-28 | ¥3.00 | annually | 2018-02-28 |
2016-11-28 | ¥3.00 | annually | |
2015-11-26 | ¥3.00 | annually | |
2014-11-26 | ¥3.00 | annually | |
2013-11-27 | ¥3.00 | annually |
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
Altech Dividend FAQ
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.
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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.
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.
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.