Hirose Electric Co.,Ltd. manufactures and sells various types of connectors in Japan and internationally. The company offers multi-pin connectors, including circular and rectangular connectors; connectors for ribbon cables; connectors used for printed circuit boards comprising flexible printed circuit boards; and nylon connectors for use in a range of fields, such as smartphones, communications equipment, and automotive electronics, as well as in industrial fields, such as measuring and control equipment, FA equipment, and medical electronics equipment. It also provides coaxial connectors for microwave and other high-frequency signals; and optical fiber connectors and coaxial switches used in various applications, which include antenna connections for wireless LAN and Bluetooth communication used in smartphones and PCs, and as GPS antenna connections for automobiles, as well as for connecting high-frequency signals in wireless communication devices and electronic measuring equipment. In addition, Hirose Electric Co.,Ltd. provides micro switches and instruments for connectors. The company was formerly known as Hirose Manufacturing Co., Ltd. and changed its name to Hirose Electric Co.,Ltd. in August 1963. Hirose Electric Co.,Ltd. was founded in 1937 and is headquartered in Yokohama, Japan.
Hirose Electric Dividend Announcement
• Hirose Electric announced a semi annually dividend of $0.14 per ordinary share which will be made payable on . Ex dividend date: 2024-03-27
• Hirose Electric annual dividend for 2024 was $0.14
• Hirose Electric annual dividend for 2023 was $0.34
• Hirose Electric's trailing twelve-month (TTM) dividend yield is 1.25%
• Hirose Electric's payout ratio for the trailing twelve months (TTM) is 45.69%
Hirose Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-27 | $0.14 | semi annually | |
2023-09-28 | $0.15 | semi annually | 2023-12-15 |
2023-03-30 | $0.19 | semi annually | 2023-07-11 |
2022-09-29 | $0.16 | semi annually | 2022-12-15 |
2022-03-29 | $0.21 | semi annually | 2022-07-11 |
2021-10-15 | $0.14 | semi annually | 2021-12-15 |
2021-04-15 | $0.11 | semi annually | 2021-07-13 |
Hirose Electric Dividend per year
Hirose Electric Dividend growth
Hirose Electric Dividend Yield
Hirose Electric current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing Hirose Electric stock? Use our calculator to estimate your expected dividend yield:
Hirose Electric Financial Ratios
Hirose Electric Dividend FAQ
Other factors to consider when evaluating Hirose Electric 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: Hirose Electric'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, Hirose Electric 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, Hirose Electric 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 Hirose Electric 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: Hirose Electric 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, Hirose Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hirose Electric 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 Hirose Electric'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 Hirose Electric'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.