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Hi-Lex Corporation operates in automobiles, marine vessels, construction and industrial equipment, welfare and home related, and medical related equipment businesses in Japan and internationally. It provides control cables, including general (pull), small-bending radius automotive manual transmission, push-pull, and seat cables; and system products comprising window regulators, sliding window systems, door modules, power sliding door systems, Spi-Rax direct systems, direct window openers, and power lift gate systems. The company also offers control boxes, steering systems, and control cables for marine vessels; construction and industrial equipment, such as accelerator actuators, PTO Hi-Lex (push-pull) systems, accelerator levers, and assist cables; and welfare and home related products consisting of air conditioner grill raising and lowering systems, and bathing aid device. In addition, it provides PCTA guide wires to guide a balloon catheter to the ailing area for treatment of the heart's coronary artery for a cardiac infarction, etc.; and indwelling subcutaneous catheter sets. Hi-Lex Corporation was founded in 1946 and is headquartered in Takarazuka, Japan.

Hi-Lex Dividend Announcement

Hi-Lex announced a semi annually dividend of ¥20.00 per ordinary share which will be made payable on 2025-01-01. Ex dividend date: 2024-10-30
Hi-Lex annual dividend for 2024 was ¥40.00
Hi-Lex annual dividend for 2023 was ¥34.00
Hi-Lex's trailing twelve-month (TTM) dividend yield is 2.62%
Hi-Lex's dividend growth over the last five years (2018-2023) was -8.50% year
Hi-Lex's dividend growth over the last ten years (2013-2023) was -1.61% year

Hi-Lex Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-30¥20.00semi annually2025-01-01
2024-04-26¥20.00semi annually2024-07-01
2023-10-30¥17.00semi annually2024-01-29
2023-04-27¥17.00semi annually2023-07-03
2022-10-28¥17.00semi annually2023-01-30
2022-04-27¥17.00semi annually2022-07-01
2021-10-28¥17.00semi annually2022-01-31
2021-04-28¥17.00semi annually2021-07-01
2020-10-29¥23.00semi annually2021-01-25
2020-04-28¥11.00semi annually2020-07-27
2019-10-30¥26.50semi annually2020-01-27
2019-04-24¥26.50semi annually2019-07-01
2018-10-29¥26.50semi annually2019-01-28
2018-04-25¥26.50semi annually2018-07-02
2017-10-27¥26.50semi annually2018-01-29
2017-04-26¥26.50semi annually2017-07-03
2016-10-27¥26.50semi annually
2016-04-26¥26.50semi annually
2015-10-28¥5.00semi annually
2015-04-27¥25.00semi annually
2014-10-29¥25.00semi annually
2014-04-25¥22.00semi annually
2013-10-29¥20.00semi annually
2013-04-25¥20.00semi annually

Hi-Lex Dividend per year

Hi-Lex Dividend growth

Hi-Lex Dividend Yield

Hi-Lex current trailing twelve-month (TTM) dividend yield is 2.62%. Interested in purchasing Hi-Lex stock? Use our calculator to estimate your expected dividend yield:

Hi-Lex Financial Ratios

P/E ratio-139.12
PEG ratio-0.74
P/B ratio0.32
ROE-0.23%
Payout ratio0.00%
Current ratio2.15
Quick ratio1.64
Cash Ratio0.74

Hi-Lex Dividend FAQ

How much is the next Hi-Lex dividend?
Hi-Lex's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hi-Lex dividend. The next Hi-Lex dividend will be released in April, or October.
When is Hi-Lex dividend paid?
Hi-Lex pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and October. 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 Hi-Lex pay?
The specific amount of Hi-Lex 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 Hi-Lex's dividend history.
Does Hi-Lex stock pay dividends?
Yes, Hi-Lex 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 Hi-Lex's dividend history.
How much dividend does Hi-Lex pay?
Hi-Lex paid ¥40.0 in 2024, ¥34.0 in 2023, ¥34.0 in 2022, ¥34.0 in 2021, and ¥34.0 in 2020.
How often does Hi-Lex pay dividends?
Hi-Lex 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 April, and October.
What is Hi-Lex's dividend yield?
The current dividend yield for Hi-Lex is 2.62%. 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 Hi-Lex's exact dividend yield.
When does Hi-Lex go ex dividend?
Hi-Lex's ex-dividend date for the latest dividend was on 2024-10-30. Hi-Lex 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 Hi-Lex dividend paid?
Hi-Lex pays dividends on a semi annually basis, typically around April, or October, but the exact dates can vary each year.
Will Hi-Lex 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 Hi-Lex 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 Hi-Lex dividend per share?
Hi-Lex paid ¥40.0 per share in 2024 and ¥34.0 per share in 2023. The amount of dividend per share that Hi-Lex 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 Hi-Lex 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 Hi-Lex 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 Hi-Lex a dividend stock?
Yes, Hi-Lex is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hi-Lex a good dividend stock?
Whether Hi-Lex is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hi-Lex has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hi-Lex 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 Hi-Lex pay dividends monthly?
Hi-Lex typically pays dividends on a semi annually basis.
Does Hi-Lex pay dividends quarterly?
Hi-Lex currently pays dividends on a semi annually basis.
Has Hi-Lex ever paid a dividend?
Yes, Hi-Lex has a history of paying dividends to its shareholders. Hi-Lex is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hi-Lex dividend stocks?
To buy Hi-Lex 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 Hi-Lex 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 Hi-Lex pay dividends 2024?
Hi-Lex pays dividends on a semi annually basis. 2024 dividend payments are in 2025-01-01. 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 Hi-Lex increase its dividend in 2024?
Decisions regarding Hi-Lex 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 Hi-Lex dividend overview you can look into the above table of dividend history.
How Hi-Lex dividend works?
The Hi-Lex 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 Hi-Lex's dividend process works:

1. Determination of Dividend: Hi-Lex'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, Hi-Lex 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, Hi-Lex 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 Hi-Lex 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 Hi-Lex dividends paid?
Hi-Lex dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Hi-Lex 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, Hi-Lex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Hi-Lex 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 Hi-Lex pay dividends?
Hi-Lex 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 Hi-Lex pay dividends?
The general pattern is that Hi-Lex pays dividends around April, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hi-Lex dividend safe?
The safety of Hi-Lex'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 Hi-Lex'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 Hi-Lex'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.