Mitsubishi Steel Mfg. Co., Ltd. manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment. Its steel products include hot-rolled special steel bars for construction machinery parts and automotive parts; special steel bars for industrial machinery; non-heat treated steel products; coil, heavy-duty coil, leaf, coiled wave, flat, super alloy, and wire springs; stabilizer bars; insert molded parts; high-precision assemblies; press and multi-forming machines; precision and wear-resistant castings; special steel forgings; special materials and machined products. The company also offers forging presses, forging manipulators, ring rolling mills, cold forging presses, magnetic separators, link conveyors, buckets, vibration isolators, scaling systems, other industrial machineries, outer casings for gas turbines, pressure vessels, and steel working products. In addition, it offers research and development services; and sells automotive parts, construction machinery parts, wear resistant teeth for shellfish harvesting, and wood processor tire chains. Mitsubishi Steel Mfg. Co., Ltd. was founded in 1917 and is headquartered in Tokyo, Japan.
Mitsubishi Steel Dividend Announcement
• Mitsubishi Steel announced a semi annually dividend of ¥34.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Mitsubishi Steel's trailing twelve-month (TTM) dividend yield is 4.72%
Mitsubishi Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥34.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥30.00 | semi annually | 2024-12-10 |
2024-03-28 | ¥35.00 | semi annually | 2024-06-24 |
2023-09-28 | ¥25.00 | semi annually | 2023-12-08 |
2023-03-30 | ¥40.00 | semi annually | 2023-06-29 |
2022-09-29 | ¥10.00 | semi annually | 2022-12-09 |
2022-03-30 | ¥40.00 | semi annually | 2022-06-27 |
2021-09-29 | ¥10.00 | semi annually | 2021-12-30 |
2020-03-30 | ¥20.00 | semi annually | |
2019-09-27 | ¥10.00 | semi annually | |
2019-03-27 | ¥35.00 | semi annually | 2019-06-24 |
2018-09-26 | ¥25.00 | semi annually | 2018-12-03 |
2018-03-28 | ¥35.00 | semi annually | 2018-06-25 |
2017-09-27 | ¥2.50 | semi annually | 2017-11-28 |
2017-03-29 | ¥3.50 | semi annually | 2017-06-26 |
2016-09-28 | ¥2.50 | semi annually | |
2016-03-29 | ¥3.50 | semi annually | |
2015-09-28 | ¥2.50 | semi annually | |
2015-03-27 | ¥3.50 | semi annually | |
2014-09-26 | ¥2.50 | semi annually | |
2014-03-27 | ¥2.50 | semi annually |
Mitsubishi Steel Dividend per year
Mitsubishi Steel Dividend growth
Mitsubishi Steel Dividend Yield
Mitsubishi Steel current trailing twelve-month (TTM) dividend yield is 4.72%. Interested in purchasing Mitsubishi Steel stock? Use our calculator to estimate your expected dividend yield:
Mitsubishi Steel Financial Ratios
Mitsubishi Steel Dividend FAQ
Other factors to consider when evaluating Mitsubishi Steel 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: Mitsubishi Steel'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, Mitsubishi Steel 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, Mitsubishi Steel 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 Mitsubishi Steel 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: Mitsubishi Steel 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, Mitsubishi Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mitsubishi Steel 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 Mitsubishi Steel'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 Mitsubishi Steel'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.