Mitsuboshi Belting Ltd. manufactures and sells industrial belts, waterproofing and water shielding sheets, and engineering plastics and structural foams in Japan and internationally. The company offers automobile and motorcycle transmission belts and related products, such as v-ribbed belts, raw edge v-belts, timing belts, variable speed belts, accessory drive systems, and PRIMESTARS belts; and general industrial transmission belts, pulleys, and related products, including synchronous power transmission, frictional forced power transmission, and couplings. It also provides conveyer belts, systems, and related products; and engineering plastic materials and processed products. In addition, the company offers waterproofing materials for construction and related products; civil engineering water-shielding materials; and electronic and coating materials consisting of high-temperature firing conductive pastes, resistive pastes, silver nano particle-related products, metallized ceramic substrates, and glass coatings and inks. It also provides functional products, such as worm wheel blanks and machine tool wipers. The company was formerly known as Mitsuboshi Chotai Co., Ltd. and changed its name to Mitsuboshi Belting Ltd. in May 1961. Mitsuboshi Belting Ltd. was founded in 1919 and is headquartered in Kobe, Japan.
Mitsuboshi Belting Dividend Announcement
• Mitsuboshi Belting announced a semi annually dividend of ¥90.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Mitsuboshi Belting's trailing twelve-month (TTM) dividend yield is 5.22%
Mitsuboshi Belting Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥90.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥90.00 | semi annually | 2024-12-04 |
2024-03-28 | ¥125.00 | semi annually | 2024-06-28 |
2023-09-28 | ¥125.00 | semi annually | 2023-12-05 |
2023-03-30 | ¥130.00 | semi annually | 2023-06-30 |
2022-09-29 | ¥110.00 | semi annually | 2022-12-05 |
2022-03-30 | ¥110.00 | semi annually | 2022-06-30 |
2021-09-29 | ¥33.00 | semi annually | 2021-12-03 |
2021-03-30 | ¥27.00 | semi annually | 2021-06-30 |
2020-09-29 | ¥27.00 | semi annually | 2020-12-03 |
2020-03-30 | ¥27.00 | semi annually | 2020-06-29 |
2019-09-27 | ¥27.00 | semi annually | 2019-12-04 |
2019-03-27 | ¥26.00 | semi annually | 2019-06-28 |
2018-09-26 | ¥12.00 | semi annually | 2018-12-04 |
2018-03-28 | ¥14.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥11.00 | semi annually | 2017-12-05 |
2017-03-29 | ¥13.00 | semi annually | 2017-06-30 |
2016-09-28 | ¥9.00 | semi annually | |
2016-03-29 | ¥9.00 | semi annually | |
2015-09-28 | ¥9.00 | semi annually | |
2015-03-27 | ¥2.00 | semi annually | |
2014-09-26 | ¥8.00 | semi annually | |
2014-03-27 | ¥9.00 | semi annually |
Mitsuboshi Belting Dividend per year
Mitsuboshi Belting Dividend growth
Mitsuboshi Belting Dividend Yield
Mitsuboshi Belting current trailing twelve-month (TTM) dividend yield is 5.22%. Interested in purchasing Mitsuboshi Belting stock? Use our calculator to estimate your expected dividend yield:
Mitsuboshi Belting Financial Ratios
Mitsuboshi Belting Dividend FAQ
Other factors to consider when evaluating Mitsuboshi Belting 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: Mitsuboshi Belting'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, Mitsuboshi Belting 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, Mitsuboshi Belting 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 Mitsuboshi Belting 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: Mitsuboshi Belting 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, Mitsuboshi Belting distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mitsuboshi Belting 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 Mitsuboshi Belting'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 Mitsuboshi Belting'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.