Daido Metal Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of bearings in Japan, North America, Europe, Asia, China, and internationally. It offers metal-polymer plain bearings used in various applications, including office and construction equipment, high-speed vehicles, trains, domed stadiums, and others, as well as hydro, thermal, and nuclear power plants. The company also provides metallic bearings; engine bearings, such as half shell bearings, bushings, thrust washers, and turbocharger bearings for use in passenger cars, buses, construction machinery, and race cars; and turbomachinery bearing systems comprising turbine and supercharger bearings for propulsion steam turbines and large marine engines, power-generating turbine bearings, waterwheels for generator and water treatment pump bearings, and compressor and pump bearings. In addition, it offers modular products consisting of small assembly products, insert molding products, and specialty-shaped products; pumps and drum feeders; centralized lubrication products; and capacitors. Daido Metal Co., Ltd was incorporated in 1939 and is headquartered in Nagoya, Japan.
Daido Metal Dividend Announcement
• Daido Metal announced a semi annually dividend of ¥8.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Daido Metal's trailing twelve-month (TTM) dividend yield is 4.13%
• Daido Metal's payout ratio for the trailing twelve months (TTM) is 24.17%
Daido Metal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥8.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥7.00 | semi annually | 2024-12-06 |
2024-03-28 | ¥13.00 | semi annually | 2024-06-28 |
2023-09-28 | ¥2.00 | semi annually | 2023-12-07 |
2023-03-30 | ¥2.00 | semi annually | 2023-06-30 |
2022-09-29 | ¥10.00 | semi annually | 2022-12-07 |
2022-03-30 | ¥15.00 | semi annually | 2022-06-30 |
2021-09-29 | ¥10.00 | semi annually | 2021-12-07 |
2021-03-30 | ¥10.00 | semi annually | 2021-06-30 |
2020-09-29 | ¥10.00 | semi annually | 2020-12-07 |
2020-03-30 | ¥15.00 | semi annually | 2020-06-29 |
2019-09-27 | ¥5.00 | semi annually | 2019-12-06 |
2019-03-27 | ¥15.00 | semi annually | 2019-06-28 |
2018-09-26 | ¥15.00 | semi annually | 2018-12-07 |
2018-03-28 | ¥15.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥15.00 | semi annually | 2017-12-07 |
2017-03-29 | ¥15.00 | semi annually | 2017-06-30 |
2016-09-28 | ¥15.00 | semi annually | |
2016-03-29 | ¥13.00 | semi annually | |
2015-09-28 | ¥13.00 | semi annually | |
2015-03-27 | ¥10.00 | semi annually | |
2014-09-26 | ¥10.00 | semi annually | |
2014-03-27 | ¥10.00 | semi annually |
Daido Metal Dividend per year
Daido Metal Dividend growth
Daido Metal Dividend Yield
Daido Metal current trailing twelve-month (TTM) dividend yield is 4.13%. Interested in purchasing Daido Metal stock? Use our calculator to estimate your expected dividend yield:
Daido Metal Financial Ratios
Daido Metal Dividend FAQ
Other factors to consider when evaluating Daido Metal 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: Daido Metal'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, Daido Metal 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, Daido Metal 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 Daido Metal 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: Daido Metal 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, Daido Metal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daido Metal 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 Daido Metal'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 Daido Metal'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.