Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment worldwide. The company operates through Printing Business Unit, Imaging Business Unit, Medical Business Unit, Industrial Business Unit, and Others segments. The Printing Business Unit segment offers office MFDs, document solutions, laser multifunction printers, image scanners, calculators, digital continuous feed presses, digital sheet-fed presses, and large format printers. The Imaging Business Unit segment provides interchangeable-lens digital cameras, digital compact cameras, interchangeable lenses, compact photo printers, network cameras, video management and video content analytics software, digital camcorders, digital cinema cameras, broadcast equipment, and projectors. The Medical System Business Unit segment offers computed tomography systems, diagnostic ultrasound systems, diagnostic X-ray systems, magnetic resonance imaging systems, clinical chemistry analyzers, digital radiography systems, and ophthalmic equipment. The Industrial and Others Business segment provides semiconductor lithography equipment, flat panel display lithography equipment, vacuum thin-film deposition equipment, organic light-emitting diode display manufacturing equipment, handy terminals, document scanners, and die bonders. The company also provides maintenance services. It sells its products under the Canon brand through subsidiaries to retail dealers. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan.
Canon Dividend Announcement
• Canon announced a semi annually dividend of $0.52 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-06-26
• Canon annual dividend for 2024 was $0.52
• Canon annual dividend for 2023 was $0.79
• Canon's trailing twelve-month (TTM) dividend yield is 2.76%
• Canon's payout ratio for the trailing twelve months (TTM) is 47.55%
Canon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | $0.52 | semi annually | 2024-09-03 |
2023-12-28 | $0.37 | semi annually | 2024-04-05 |
2023-06-27 | $0.42 | semi annually | 2023-09-01 |
2014-12-26 | $0.71 | semi annually | |
2007-12-26 | $0.45 | semi annually | |
2007-06-27 | $0.41 | semi annually | |
2006-12-27 | $0.42 | semi annually | |
2006-06-27 | $0.45 | semi annually | |
2005-12-28 | $0.57 | semi annually | |
2005-06-27 | $0.30 | semi annually | |
2004-12-28 | $0.24 | semi annually | |
2004-06-25 | $0.23 | semi annually | |
2003-12-26 | $0.14 | semi annually | |
2003-06-25 | $0.13 | semi annually | |
2002-12-26 | $0.15 | semi annually | |
2002-06-26 | $0.10 | semi annually | |
2001-12-26 | $0.08 | semi annually | |
2001-06-26 | $0.09 | semi annually | |
2000-12-26 | $0.10 | semi annually | |
1999-12-28 | $0.08 | semi annually | |
1999-06-25 | $0.08 | semi annually |
Canon Dividend per year
Canon Dividend growth
Canon Dividend Yield
Canon current trailing twelve-month (TTM) dividend yield is 2.76%. Interested in purchasing Canon stock? Use our calculator to estimate your expected dividend yield:
Canon Financial Ratios
Canon Dividend FAQ
Other factors to consider when evaluating Canon 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: Canon'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, Canon 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, Canon 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 Canon 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: Canon 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, Canon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canon 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 Canon'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 Canon'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.