MEC Company Ltd. engages in the research and development, production, and sale of chemicals, equipment, and related materials used in the production of printed circuit boards in Asia and Europe. It offers various chemicals for roughening type adhesion enhancement, rolled copper roughening treatment, and pre-lamination treatment of multilayer substrates; copper surface treatment for CO2 laser direct drilling; adhesion enhancement for high-frequency substrates; dry film and solder mask pretreatment; microetching; etch down; various residue removal treatment; degreasing, rust removal, and temporary anti-tarnish; metal resist stripping; HALS; copper seed layer etching; other metal surface treatment; and anisotropic etching. The company also provides AMALPHA, a metal surface treatment technology for direct metal and resin bonding. The company was incorporated in 1969 and is headquartered in Amagasaki, Japan.
MEC Dividend Announcement
• MEC announced a semi annually dividend of ¥25.00 per ordinary share which will be made payable on 2025-02-01. Ex dividend date: 2024-12-27
• MEC annual dividend for 2024 was ¥45.00
• MEC annual dividend for 2023 was ¥45.00
• MEC's trailing twelve-month (TTM) dividend yield is 1.31%
• MEC's dividend growth over the last five years (2018-2023) was 11.60% year
• MEC's dividend growth over the last ten years (2013-2023) was 15.13% year
MEC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ¥25.00 | semi annually | 2025-02-01 |
2024-06-27 | ¥20.00 | semi annually | 2024-09-03 |
2023-12-28 | ¥25.00 | semi annually | 2024-02-28 |
2023-06-29 | ¥20.00 | semi annually | 2023-09-05 |
2022-12-29 | ¥25.00 | semi annually | 2023-03-02 |
2022-06-29 | ¥20.00 | semi annually | 2022-09-06 |
2021-12-29 | ¥21.00 | semi annually | 2022-03-02 |
2021-06-29 | ¥14.00 | semi annually | 2021-09-07 |
2020-12-29 | ¥14.00 | semi annually | 2021-03-03 |
2020-06-29 | ¥12.00 | semi annually | 2020-09-01 |
2019-12-27 | ¥14.00 | semi annually | 2020-03-10 |
2019-06-26 | ¥12.00 | semi annually | 2019-09-03 |
2018-12-26 | ¥14.00 | semi annually | 2019-03-01 |
2018-06-27 | ¥12.00 | semi annually | 2018-09-04 |
2017-12-27 | ¥12.00 | semi annually | 2018-03-02 |
2017-09-27 | ¥10.00 | semi annually | 2017-12-05 |
2017-03-29 | ¥10.00 | semi annually | 2017-05-31 |
2016-09-28 | ¥10.00 | semi annually | |
2016-03-29 | ¥10.00 | semi annually | |
2015-09-28 | ¥8.00 | semi annually | |
2015-03-27 | ¥8.00 | 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 | ¥6.00 | semi annually |
MEC Dividend per year
MEC Dividend growth
MEC Dividend Yield
MEC current trailing twelve-month (TTM) dividend yield is 1.31%. Interested in purchasing MEC stock? Use our calculator to estimate your expected dividend yield:
MEC Financial Ratios
MEC Dividend FAQ
Other factors to consider when evaluating MEC 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: MEC'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, MEC 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, MEC 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 MEC 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: MEC 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, MEC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MEC 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 MEC'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 MEC'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.