Mitsuba Corporation manufactures and sells automotive electronic components. It provides auto electrical products, including front and rear wiper systems, power window and seat motors, roof motors, power sliding door drive systems, starter and fan motors, intelligent dynamic actuator, electric oil pump, electronic throttle control motors, and electric power steering and servo brake motors. The company also offers motorcycle electrical products, such as starter motors, AC generators, ACG starters, fuel pump modules, starter relays, transmission motors, LED turn signal lights systems, LED license lamps, EV drive systems, low profile driving systems, and EV Ecorun motors and solar car products. It primarily operates in Japan, China, other Asian countries, the Americas, and Europe. The company was formerly known as Mitsuba Electric Mfg. Co., Ltd. and changed its name to Mitsuba Corporation in October 1996. Mitsuba Corporation was incorporated in 1946 and is headquartered in Kiryu, Japan.
Mitsuba Dividend Announcement
• Mitsuba announced a annually dividend of ¥10.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Mitsuba's trailing twelve-month (TTM) dividend yield is 0.69%
• Mitsuba's payout ratio for the trailing twelve months (TTM) is 5.40%
Mitsuba Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥10.00 | annually | 2025-06-01 |
2024-03-28 | ¥6.00 | annually | 2024-06-05 |
2023-03-30 | ¥3.00 | annually | 2023-06-07 |
2022-03-30 | ¥3.00 | annually | 2022-06-08 |
2020-03-30 | ¥8.00 | annually | |
2019-03-27 | ¥16.00 | annually | 2019-06-06 |
2018-03-28 | ¥16.00 | annually | 2018-06-07 |
2017-03-29 | ¥15.00 | annually | 2017-06-08 |
2016-03-29 | ¥14.00 | annually | |
2015-09-28 | ¥5.00 | annually | |
2015-03-27 | ¥14.00 | annually | |
2014-03-27 | ¥8.00 | annually | |
2013-03-27 | ¥8.00 | annually |
Mitsuba Dividend per year
Mitsuba Dividend growth
Mitsuba Dividend Yield
Mitsuba current trailing twelve-month (TTM) dividend yield is 0.69%. Interested in purchasing Mitsuba stock? Use our calculator to estimate your expected dividend yield:
Mitsuba Financial Ratios
Mitsuba Dividend FAQ
Other factors to consider when evaluating Mitsuba 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mitsuba stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Mitsuba'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, Mitsuba 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, Mitsuba 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 Mitsuba 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: Mitsuba 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, Mitsuba distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mitsuba 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 Mitsuba'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 Mitsuba'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.