Maruichi Steel Tube Ltd. produces and sells steel tubes and steel sheet coatings in Japan, North America, and Asia. It offers water pipes, OCTGs, and electrical conduits for use in plant construction projects and power generation plants; mechanical tubes; lamp posts, road signs, traffic lights, security barriers, and other fabricated products; welded steel tubes for machine structure, construction and piping, hot dip galvanized steel sheet, BA precision small tubes, pre-painted steel sheet, etc.; and structural steel tubes for various fields, such as architecture, civil engineering, and machinery. The company was incorporated in 1947 and is headquartered in Osaka, Japan.
Maruichi Steel Tube Dividend Announcement
• Maruichi Steel Tube announced a semi annually dividend of ¥76.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Maruichi Steel Tube's trailing twelve-month (TTM) dividend yield is 4.0%
Maruichi Steel Tube Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥76.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥55.00 | semi annually | 2024-11-29 |
2024-03-28 | ¥76.00 | semi annually | |
2023-09-28 | ¥55.00 | semi annually | 2023-11-30 |
2023-03-30 | ¥69.50 | semi annually | 2023-06-26 |
2022-09-29 | ¥40.00 | semi annually | 2022-11-30 |
2022-03-30 | ¥47.50 | semi annually | 2022-06-27 |
2021-09-29 | ¥40.00 | semi annually | 2021-11-30 |
2021-03-30 | ¥39.50 | semi annually | 2021-06-28 |
2020-09-29 | ¥25.00 | semi annually | 2020-11-30 |
2020-03-30 | ¥15.00 | semi annually | 2020-06-25 |
2019-09-27 | ¥15.00 | semi annually | 2019-11-29 |
2019-03-27 | ¥49.00 | semi annually | 2019-06-26 |
2018-09-26 | ¥25.00 | semi annually | 2018-11-30 |
2018-03-28 | ¥55.50 | semi annually | 2018-06-27 |
2017-09-27 | ¥25.00 | semi annually | 2017-11-30 |
2017-03-29 | ¥59.50 | semi annually | 2017-06-26 |
2016-09-28 | ¥25.00 | semi annually | |
2016-03-29 | ¥52.00 | semi annually | |
2015-09-28 | ¥25.00 | semi annually | |
2015-03-27 | ¥46.50 | semi annually | |
2014-09-26 | ¥25.00 | semi annually | |
2014-03-27 | ¥48.50 | semi annually |
Maruichi Steel Tube Dividend per year
Maruichi Steel Tube Dividend growth
Maruichi Steel Tube Dividend Yield
Maruichi Steel Tube current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing Maruichi Steel Tube stock? Use our calculator to estimate your expected dividend yield:
Maruichi Steel Tube Financial Ratios
Maruichi Steel Tube Dividend FAQ
Other factors to consider when evaluating Maruichi Steel Tube 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: Maruichi Steel Tube'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, Maruichi Steel Tube 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, Maruichi Steel Tube 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 Maruichi Steel Tube 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: Maruichi Steel Tube 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, Maruichi Steel Tube distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Maruichi Steel Tube 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 Maruichi Steel Tube'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 Maruichi Steel Tube'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.