KITZ Corporation engages in the manufacturing and selling of valves, other flow control devices, and related products in Japan and internationally. It operates through three segments: Valve Manufacturing, Brass Bar Manufacturing, and Other segments. The Valve Manufacturing segment manufactures and sells valves, fittings, water purifiers, and industrial filters that are used for the control of fluids. The Brass Bar Manufacturing segment offers brass bars and other fabricated brass products for machines, construction materials, and other applications. The Other segment operates a resort hotel in Suwa city, Nagano Prefecture. The company offers its products under the KITZ brand name. KITZ Corporation was founded in 1951 and is headquartered in Chiba, Japan.
KITZ Dividend Announcement
• KITZ announced a semi annually dividend of ¥22.00 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
• KITZ annual dividend for 2024 was ¥41.00
• KITZ annual dividend for 2023 was ¥41.00
• KITZ's trailing twelve-month (TTM) dividend yield is 3.7%
• KITZ's payout ratio for the trailing twelve months (TTM) is 22.48%
• KITZ's dividend growth over the last five years (2018-2023) was 17.90% year
• KITZ's dividend growth over the last ten years (2013-2023) was 15.15% year
KITZ Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ¥22.00 | semi annually | 2025-03-01 |
2024-06-27 | ¥19.00 | semi annually | 2024-09-18 |
2023-12-28 | ¥23.00 | semi annually | 2024-03-11 |
2023-06-29 | ¥18.00 | semi annually | 2023-09-19 |
2022-12-29 | ¥16.00 | semi annually | 2023-03-13 |
2022-06-29 | ¥15.00 | semi annually | 2022-09-16 |
2021-12-29 | ¥9.00 | semi annually | 2022-03-11 |
2021-06-29 | ¥9.00 | semi annually | 2021-09-17 |
2020-12-29 | ¥3.00 | semi annually | 2021-03-12 |
2020-09-29 | ¥5.00 | semi annually | 2020-12-17 |
2020-03-30 | ¥10.00 | semi annually | 2020-06-11 |
2019-09-27 | ¥10.00 | semi annually | 2019-12-06 |
2019-03-27 | ¥12.00 | semi annually | 2019-06-07 |
2018-09-26 | ¥8.00 | semi annually | 2018-12-06 |
2018-03-28 | ¥10.00 | semi annually | 2018-06-04 |
2017-09-27 | ¥7.00 | semi annually | 2017-12-06 |
2017-03-29 | ¥7.00 | semi annually | 2017-06-05 |
2016-09-28 | ¥6.00 | semi annually | |
2016-03-29 | ¥7.00 | semi annually | |
2015-09-28 | ¥6.00 | semi annually | |
2015-03-27 | ¥7.00 | semi annually | |
2014-09-26 | ¥6.00 | semi annually | |
2014-03-27 | ¥5.00 | semi annually | |
2013-09-26 | ¥5.00 | semi annually | |
2013-03-27 | ¥5.00 | semi annually |
KITZ Dividend per year
KITZ Dividend growth
KITZ Dividend Yield
KITZ current trailing twelve-month (TTM) dividend yield is 3.7%. Interested in purchasing KITZ stock? Use our calculator to estimate your expected dividend yield:
KITZ Financial Ratios
KITZ Dividend FAQ
Other factors to consider when evaluating KITZ 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: KITZ'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, KITZ 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, KITZ 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 KITZ 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: KITZ 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, KITZ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KITZ 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 KITZ'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 KITZ'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.