Meitec Corporation provides dispatch engineering solutions to manufacturing companies in Japan. It offers engineering solutions, including mechanical design, electrical/electronic design, software development, chemical engineering, and analysis/evaluation. The company was formerly known as Nagoya Technical Center Co., Ltd. and changed its name to Meitec Corporation in 1985. Meitec Corporation was founded in 1974 and is headquartered in Tokyo, Japan.
Meitec Dividend Announcement
• Meitec announced a semi annually dividend of ¥97.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Meitec's trailing twelve-month (TTM) dividend yield is 4.94%
Meitec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥97.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥73.00 | semi annually | 2024-11-29 |
2024-03-28 | ¥70.00 | semi annually | |
2023-09-28 | ¥44.00 | semi annually | 2023-11-30 |
2023-03-30 | ¥63.00 | semi annually | 2023-06-23 |
2022-09-29 | ¥34.00 | semi annually | 2022-11-30 |
2022-03-30 | ¥107.00 | semi annually | 2022-06-22 |
2021-09-29 | ¥78.50 | semi annually | 2021-11-30 |
2021-03-30 | ¥98.50 | semi annually | 2021-06-23 |
2020-09-29 | ¥68.50 | semi annually | 2020-11-30 |
2020-03-30 | ¥115.50 | semi annually | 2020-06-26 |
2019-09-27 | ¥86.50 | semi annually | 2019-11-29 |
2019-03-27 | ¥115.50 | semi annually | 2019-06-21 |
2018-09-26 | ¥84.00 | semi annually | 2018-11-30 |
2018-03-28 | ¥102.50 | semi annually | 2018-06-22 |
2017-09-27 | ¥74.50 | semi annually | 2017-11-30 |
2017-03-29 | ¥83.50 | semi annually | 2017-06-23 |
2016-09-28 | ¥68.00 | semi annually | |
2016-03-29 | ¥81.00 | semi annually | |
2015-09-28 | ¥63.00 | semi annually | |
2015-03-27 | ¥10.00 | semi annually | |
2014-09-26 | ¥10.00 | semi annually | |
2014-03-27 | ¥40.50 | semi annually |
Meitec Dividend per year
Meitec Dividend growth
Meitec Dividend Yield
Meitec current trailing twelve-month (TTM) dividend yield is 4.94%. Interested in purchasing Meitec stock? Use our calculator to estimate your expected dividend yield:
Meitec Financial Ratios
Meitec Dividend FAQ
Other factors to consider when evaluating Meitec 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: Meitec'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, Meitec 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, Meitec 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 Meitec 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: Meitec 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, Meitec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Meitec 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 Meitec'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 Meitec'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.