Mitsui High-tec, Inc. produces and sells lead frames, precision tools, motor cores, and surface grinders for electronics, automobile, and industrial machinery industries in Japan and internationally. It operates through Tooling, Electronic Parts, Electrical Parts, and Machinery segments. The company's precision tooling/precision parts products include motor core dies, lead frame dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, resin injection molding, and others. It also offers surface grinders, such as grinding machines, MSG series products, and profile grinders; and overhaul and parts repair services. In addition, the company provides open lead frames for semiconductor packages; and motor core stamping service. Further, it offers die maintenance services. The company was formerly known as Mitsui Mfg. Co., Ltd. and changed its name to Mitsui High-tec, Inc. in May 1984. Mitsui High-tec, Inc. was incorporated in 1934 and is headquartered in Kitakyushu, Japan.
Mitsui High-tec Dividend Announcement
• Mitsui High-tec announced a semi annually dividend of ¥12.00 per ordinary share which will be made payable on 2025-04-01. Ex dividend date: 2025-01-30
• Mitsui High-tec's trailing twelve-month (TTM) dividend yield is 7.31%
Mitsui High-tec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-01-30 | ¥12.00 | semi annually | 2025-04-01 |
2024-07-30 | ¥28.00 | semi annually | 2024-10-10 |
2024-01-30 | ¥48.00 | semi annually | 2024-04-15 |
2023-07-28 | ¥24.00 | semi annually | 2023-10-12 |
2023-01-30 | ¥44.00 | semi annually | 2023-04-14 |
2022-07-28 | ¥21.00 | semi annually | 2022-10-13 |
2022-01-28 | ¥55.00 | semi annually | 2022-04-25 |
2021-07-29 | ¥9.00 | semi annually | 2021-10-14 |
2021-01-28 | ¥3.00 | semi annually | 2021-04-26 |
2020-07-30 | ¥3.00 | semi annually | 2020-10-15 |
2020-01-30 | ¥4.00 | semi annually | 2020-04-20 |
2019-07-30 | ¥2.00 | semi annually | 2019-10-17 |
2019-01-29 | ¥2.00 | semi annually | 2019-04-22 |
2018-07-27 | ¥4.00 | semi annually | 2018-10-18 |
2018-01-29 | ¥10.00 | semi annually | 2018-04-23 |
2017-07-27 | ¥6.00 | semi annually | 2017-10-19 |
2017-01-27 | ¥5.00 | semi annually | 2017-04-21 |
2016-07-27 | ¥5.00 | semi annually | |
2016-01-27 | ¥6.00 | semi annually | |
2015-07-29 | ¥7.00 | semi annually | |
2015-01-28 | ¥10.00 | semi annually | |
2014-07-29 | ¥7.00 | semi annually | |
2014-01-29 | ¥10.00 | semi annually |
Mitsui High-tec Dividend per year
Mitsui High-tec Dividend growth
Mitsui High-tec Dividend Yield
Mitsui High-tec current trailing twelve-month (TTM) dividend yield is 7.31%. Interested in purchasing Mitsui High-tec stock? Use our calculator to estimate your expected dividend yield:
Mitsui High-tec Financial Ratios
Mitsui High-tec Dividend FAQ
Other factors to consider when evaluating Mitsui High-tec 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: Mitsui High-tec'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, Mitsui High-tec 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, Mitsui High-tec 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 Mitsui High-tec 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: Mitsui High-tec 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, Mitsui High-tec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mitsui High-tec 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 Mitsui High-tec'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 Mitsui High-tec'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.