Meiji Shipping Co., Ltd., through its subsidiaries, operates as a shipping company in Japan and internationally. The company operates through three segments: International Shipping Business, Hotel-Related Business, and Real Estate Leasing Business. It owns crude and product oil tankers, as well as LNG and LPG, car, chip, and bulk carriers that are operated primarily under time charter parties with shipping companies. The company offers shipping, ship management, and related transaction services; construction supervision, remodeling and inspection, and related services; and business planning, ship finance, and commercial management services. It is also involved in manning and training of seafarers; providing IT related solutions for vessels; marketing of marine equipment and parts; and building operation and management, as well as the operation of nursery schools. In addition, the company sells machinery for ships and ports; rents housing; develops office buildings; offers tugboat, non-life and cancer insurance agency, forwarding, and catering services; and operates hotels, resorts, Chinese and Japanese restaurants, and a golf course. Meiji Shipping Co., Ltd. was founded in 1911 and is headquartered in Kobe, Japan.
Meiji Shipping Dividend Announcement
• Meiji Shipping announced a annually dividend of ¥5.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• Meiji Shipping annual dividend for 2024 was ¥5.00
• Meiji Shipping annual dividend for 2023 was ¥5.00
• Meiji Shipping's trailing twelve-month (TTM) dividend yield is 0.74%
Meiji Shipping Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | ¥5.00 | annually | |
2023-03-30 | ¥5.00 | annually | 2023-06-30 |
2022-03-30 | ¥5.00 | annually | 2022-06-30 |
2021-03-30 | ¥2.00 | annually | 2021-06-30 |
2020-03-30 | ¥5.00 | annually | 2020-06-29 |
2019-03-27 | ¥5.00 | annually | 2019-06-28 |
2018-03-28 | ¥5.00 | annually | 2018-06-29 |
2017-03-29 | ¥5.00 | annually | 2017-06-30 |
2016-03-29 | ¥5.00 | annually | |
2015-03-27 | ¥5.00 | annually | |
2014-03-27 | ¥2.00 | annually | |
2013-03-27 | ¥5.00 | annually |
Meiji Shipping Dividend per year
Meiji Shipping Dividend growth
Meiji Shipping Dividend Yield
Meiji Shipping current trailing twelve-month (TTM) dividend yield is 0.74%. Interested in purchasing Meiji Shipping stock? Use our calculator to estimate your expected dividend yield:
Meiji Shipping Financial Ratios
Meiji Shipping Dividend FAQ
Other factors to consider when evaluating Meiji Shipping 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: Meiji Shipping'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, Meiji Shipping 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, Meiji Shipping 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 Meiji Shipping 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: Meiji Shipping 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, Meiji Shipping distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Meiji Shipping 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 Meiji Shipping'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 Meiji Shipping'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.