GMB Corporation manufactures and sells automotive parts worldwide. It offers cooling systems, such as electronic water pumps, water pumps, and fan clutches; engine drive systems, including tensioner and idler bearings; and transmission parts comprising valve spools. The company also provides drive line components, which includes universal and tripod joints; and steering and suspension parts, such as ball joints, tie-rod and rack ends, control arms, inner shafts, cross and side rods, pitman and idler arms, stabilizer links, and steering joints. In addition, it offers axle parts, including wheel bearing parts; and bearings comprising single ball, water pump, and clutch release bearings. The company was founded in 1943 and is headquartered in Nara, Japan.
GMB Dividend Announcement
• GMB announced a semi annually dividend of ¥20.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• GMB's trailing twelve-month (TTM) dividend yield is 3.44%
• GMB's payout ratio for the trailing twelve months (TTM) is 29.89%
GMB Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥20.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥20.00 | semi annually | 2024-12-03 |
2024-03-28 | ¥15.00 | semi annually | |
2023-09-28 | ¥15.00 | semi annually | 2023-12-04 |
2023-03-30 | ¥10.00 | semi annually | 2023-06-26 |
2022-09-29 | ¥10.00 | semi annually | 2022-12-02 |
2022-03-30 | ¥10.00 | semi annually | 2022-06-27 |
2021-09-29 | ¥10.00 | semi annually | 2021-12-03 |
2020-03-30 | ¥20.00 | semi annually | 2020-06-30 |
2019-09-27 | ¥20.00 | semi annually | 2019-12-05 |
2019-03-27 | ¥20.00 | semi annually | 2019-06-24 |
2018-09-26 | ¥20.00 | semi annually | 2018-12-04 |
2018-03-28 | ¥20.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥20.00 | semi annually | 2017-12-04 |
2017-03-29 | ¥20.00 | semi annually | 2017-06-26 |
2016-09-28 | ¥20.00 | semi annually | |
2016-03-29 | ¥20.00 | semi annually | |
2015-09-28 | ¥20.00 | semi annually | |
2015-03-27 | ¥20.00 | semi annually | |
2014-09-26 | ¥20.00 | semi annually | |
2014-03-27 | ¥20.00 | semi annually |
GMB Dividend per year
GMB Dividend growth
GMB Dividend Yield
GMB current trailing twelve-month (TTM) dividend yield is 3.44%. Interested in purchasing GMB stock? Use our calculator to estimate your expected dividend yield:
GMB Financial Ratios
GMB Dividend FAQ
Other factors to consider when evaluating GMB 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: GMB'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, GMB 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, GMB 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 GMB 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: GMB 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, GMB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GMB 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 GMB'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 GMB'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.