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The Japan Steel Works, Ltd. produces and sells steel and machinery products in Japan, China, and internationally. The company operates through Industrial Machinery Products, Steel and Energy Products, and Other Businesses segments. It offers monobloks rotor shafts for power generators; shell flanges for nuclear reactor pressure vessels; turbine castings for thermal power plants; clad steel plates and pipes; high alloy and stainless steel, and Ni-based alloy products; forged steel rolls for steel mills; forged and cast steel products, steel plates, and pressure vessels for use in chemical and petrochemical industries, and other industrial machineries; and pressure vessels maintenance and inspection services for pressure vehicles. The company also provides plastic production machinery, such as polyolefin pelletizers, twin screw extruders, film and sheet manufacturing equipment, and spinning extruders; injection and blow molding machines; and excimer laser annealing and laser lift-off systems, rolling stock parts, and presses/laminators. In addition, it engages in the design, manufacture, and maintenance of defense equipment from firing systems to missile launchers, as well as R&D on new defense equipment and systems; and offers steel tanks for high-pressure hydrogen storage installed in hydrogen filling stations that are used by fuel cell vehicles. Further, the company is involved in the provision of maintenance concierge, retrofitting, and schooling training services; and provides deposition and crystal, as well as wind power generation equipment. The Japan Steel Works, Ltd. was founded in 1907 and is headquartered in Tokyo, Japan.

Japan Steel Works Dividend Announcement

• Japan Steel Works announced a semi annually dividend of $0.07 per ordinary share which will be made payable on 2023-12-28. Ex dividend date: 2023-09-28
• Japan Steel Works annual dividend for 2023 was $0.14
• Japan Steel Works's trailing twelve-month (TTM) dividend yield is -%

Japan Steel Works Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-09-28$0.07semi annually2023-12-28
2023-03-30$0.07semi annually2023-07-13
2022-09-29$0.08semi annually2022-12-27

Japan Steel Works Dividend per year

Japan Steel Works Dividend Yield

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

Japan Steel Works Financial Ratios

P/E ratio13.60
PEG ratio-0.01
P/B ratio1.17
ROE9.02%
Payout ratio0.00%
Current ratio1.76
Quick ratio1.05
Cash Ratio0.57

Japan Steel Works Dividend FAQ

Does Japan Steel Works stock pay dividends?
Japan Steel Works does not currently pay dividends to its shareholders.
Has Japan Steel Works ever paid a dividend?
No, Japan Steel Works has no a history of paying dividends to its shareholders. Japan Steel Works is not known for its dividend payments.
Why doesn't Japan Steel Works pay dividends?
There are several potential reasons why Japan Steel Works would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Japan Steel Works ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Japan Steel Works has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Japan Steel Works a dividend aristocrat?
Japan Steel Works is not considered a Dividend Aristocrat. 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 Japan Steel Works a dividend king?
Japan Steel Works is not classified as a "Dividend King". 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 Japan Steel Works a dividend stock?
No, Japan Steel Works is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Japan Steel Works stocks?
To buy Japan Steel Works 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Japan Steel Works 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.