Harmonic Drive Systems Inc. produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as HarmonicDrive, a speed reducer for space. The company also provides high-precision planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands; galvano mirror type optical scanners under the BEAM SERVO brand; and incremental encoders under the Harmonicsyn name. Its products are used in industrial robots, semiconductor manufacturing equipment, and other systems. Harmonic Drive Systems Inc. was founded in 1970 and is headquartered in Tokyo, Japan.
Harmonic Drive Systems Dividend Announcement
• Harmonic Drive Systems announced a semi annually dividend of ¥10.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Harmonic Drive Systems's trailing twelve-month (TTM) dividend yield is 1.08%
Harmonic Drive Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥10.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥10.00 | semi annually | 2024-12-05 |
2024-03-28 | ¥10.00 | semi annually | 2024-06-24 |
2023-09-28 | ¥10.00 | semi annually | 2023-12-04 |
2023-03-30 | ¥17.00 | semi annually | 2023-06-22 |
2022-09-29 | ¥11.00 | semi annually | 2022-12-05 |
2022-03-30 | ¥10.00 | semi annually | 2022-06-23 |
2021-09-29 | ¥10.00 | semi annually | 2021-12-06 |
2021-03-30 | ¥10.00 | semi annually | 2021-06-24 |
2020-09-29 | ¥10.00 | semi annually | 2020-12-07 |
2020-03-30 | ¥10.00 | semi annually | 2020-06-25 |
2019-09-27 | ¥10.00 | semi annually | 2019-12-09 |
2019-03-27 | ¥19.00 | semi annually | 2019-06-24 |
2018-09-26 | ¥19.00 | semi annually | 2018-12-10 |
2018-03-28 | ¥14.00 | semi annually | 2018-06-22 |
2017-09-27 | ¥12.00 | semi annually | 2017-12-11 |
2017-03-29 | ¥10.00 | semi annually | 2017-06-15 |
2016-09-28 | ¥10.00 | semi annually | |
2016-03-29 | ¥9.00 | semi annually | |
2015-09-28 | ¥9.00 | semi annually | |
2015-03-27 | ¥7.00 | semi annually | |
2014-09-26 | ¥22.00 | semi annually | |
2014-03-27 | ¥15.00 | semi annually |
Harmonic Drive Systems Dividend per year
Harmonic Drive Systems Dividend growth
Harmonic Drive Systems Dividend Yield
Harmonic Drive Systems current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Harmonic Drive Systems stock? Use our calculator to estimate your expected dividend yield:
Harmonic Drive Systems Financial Ratios
Harmonic Drive Systems Dividend FAQ
Other factors to consider when evaluating Harmonic Drive Systems 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: Harmonic Drive Systems'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, Harmonic Drive Systems 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, Harmonic Drive Systems 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 Harmonic Drive Systems 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: Harmonic Drive Systems 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, Harmonic Drive Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Harmonic Drive Systems 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 Harmonic Drive Systems'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 Harmonic Drive Systems'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.