Daido Steel Co., Ltd. manufactures and sells steel products in Japan, rest of Asia, North America, and internationally. The company's Specialty Steel segment manufactures specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, tool steel, etc. Its High Performance Materials and Magnetic Materials segment offers stainless steel products, nickel-based alloys, electrical and electronics parts, magnetic material products, alloy powders, titanium products, and welding wires. The company's Parts For Automobile and Industrial Equipment segment provides die forgings, precise hot forgings, and welded parts, including automotive parts and bearing races; open die forgings, such as parts for boats and ships, industrial machines, heavy electric machines, steel making equipment, chemical equipment, oil drilling rigs, and spacecraft and aircraft; and castings that comprise manganese railway rails, components for automobiles, industrial machines, electric machines and furnaces, cast steel products, etc. This segment also offers precision castings, which include automotive, industrial machines, electric machines, telecommunications equipment, etc.; and lumber industry band saws, engine valves, compressors, hydraulic equipment, and machine tool parts. Its Engineering segment provides steel making equipment; industrial furnaces and facilities; environmental equipment for drainage, exhaust, waste disposal, and treatment facilities; machine tools; and machine maintenance services. The company's Trading and Service segment engages in the provision of welfare services; real estate and insurance business; and golf course management and analysis businesses. Daido Steel Co., Ltd. was founded in 1916 and is headquartered in Nagoya, Japan.
Daido Steel Dividend Announcement
• Daido Steel announced a semi annually dividend of ¥26.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Daido Steel's trailing twelve-month (TTM) dividend yield is 4.0%
Daido Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-03-28 | ¥26.00 | semi annually | 2025-06-01 |
| 2024-09-27 | ¥21.00 | semi annually | 2024-12-05 |
| 2024-03-28 | ¥26.00 | semi annually | |
| 2023-09-28 | ¥100.00 | semi annually | 2023-12-05 |
| 2023-03-30 | ¥130.00 | semi annually | 2023-06-28 |
| 2022-09-29 | ¥80.00 | semi annually | 2022-12-05 |
| 2022-03-30 | ¥100.00 | semi annually | 2022-06-27 |
| 2021-09-29 | ¥80.00 | semi annually | 2021-12-06 |
| 2021-03-30 | ¥25.00 | semi annually | 2021-06-25 |
| 2020-09-29 | ¥10.00 | semi annually | 2020-12-07 |
| 2020-03-30 | ¥15.00 | semi annually | 2020-06-26 |
| 2019-09-27 | ¥55.00 | semi annually | 2019-12-05 |
| 2019-03-27 | ¥65.00 | semi annually | 2019-06-27 |
| 2018-09-26 | ¥65.00 | semi annually | 2018-12-05 |
| 2018-03-28 | ¥60.00 | semi annually | 2018-06-28 |
| 2017-09-27 | ¥0.60 | semi annually | 2017-12-05 |
| 2017-03-29 | ¥2.00 | semi annually | 2017-06-29 |
| 2016-09-28 | ¥4.00 | semi annually | |
| 2016-03-29 | ¥2.50 | semi annually | |
| 2015-09-28 | ¥5.00 | semi annually | |
| 2015-03-27 | ¥3.50 | semi annually | |
| 2014-09-26 | ¥3.00 | semi annually | |
| 2014-03-27 | ¥2.50 | semi annually |
Daido Steel Dividend per year
Daido Steel Dividend growth
Daido Steel Dividend Yield
Daido Steel current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing Daido Steel stock? Use our calculator to estimate your expected dividend yield:
Daido Steel Financial Ratios
P/E ratio5.01
PEG ratio0.58
P/B ratio0.60
ROE12.11%
Payout ratio0.00%
Current ratio2.30
Quick ratio1.20
Cash Ratio0.32
Daido Steel Dividend FAQ
How much is the next Daido Steel dividend?
Daido Steel's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Daido Steel dividend. The next Daido Steel dividend will be released in March, or September.
When is Daido Steel dividend paid?
Daido Steel pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. 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 Daido Steel pay?
The specific amount of Daido Steel 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 Daido Steel's dividend history.
Does Daido Steel stock pay dividends?
Yes, Daido Steel 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 Daido Steel's dividend history.
How much dividend does Daido Steel pay?
Daido Steel paid ¥47.0 in 2024, ¥230.0 in 2023, ¥180.0 in 2022, ¥105.0 in 2021, and ¥25.0 in 2020.
How often does Daido Steel pay dividends?
Daido Steel typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Daido Steel's dividend yield?
The current dividend yield for Daido Steel is 4.0%. 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 Daido Steel's exact dividend yield.
When does Daido Steel go ex dividend?
Daido Steel's ex-dividend date for the latest dividend was on 2025-03-28. Daido Steel 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 Daido Steel dividend paid?
Daido Steel pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Daido Steel 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 Daido Steel 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 Daido Steel dividend per share?
Daido Steel paid ¥47.0 per share in 2024 and ¥230.0 per share in 2023. The amount of dividend per share that Daido Steel 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 Daido Steel 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 Daido Steel 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 Daido Steel a dividend stock?
Yes, Daido Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Daido Steel a good dividend stock?
Whether Daido Steel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Daido Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Daido 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.
Other factors to consider when evaluating Daido 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.
Does Daido Steel pay dividends monthly?
Daido Steel typically pays dividends on a semi annually basis.
Does Daido Steel pay dividends quarterly?
Daido Steel currently pays dividends on a semi annually basis.
Has Daido Steel ever paid a dividend?
Yes, Daido Steel has a history of paying dividends to its shareholders. Daido Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Daido Steel dividend stocks?
To buy Daido Steel 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 Daido Steel 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.
Place an order: Use the brokerage's trading platform to place an order to buy Daido Steel 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 Daido Steel pay dividends 2024?
Daido Steel pays dividends on a semi annually basis. 2024 dividend payments are in 2025-06-01. 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 Daido Steel increase its dividend in 2024?
Decisions regarding Daido Steel 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 Daido Steel dividend overview you can look into the above table of dividend history.
How Daido Steel dividend works?
The Daido Steel 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 Daido Steel's dividend process works:
1. Determination of Dividend: Daido 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, Daido 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, Daido 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 Daido 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. Determination of Dividend: Daido 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, Daido 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, Daido 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 Daido 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.
How are Daido Steel dividends paid?
Daido Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Daido 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, Daido 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: Daido 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.
1. Record Date: Daido 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, Daido 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: Daido 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.
How many times does Daido Steel pay dividends?
Daido Steel typically pays dividends on a semi 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 Daido Steel pay dividends?
The general pattern is that Daido Steel pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Daido Steel dividend safe?
The safety of Daido Steel'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 Daido 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 Daido 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.
To assess the safety of Daido 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 Daido 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.