Mitsui O.S.K. Lines, Ltd. engages in the marine transportation business in Japan and internationally. The company operates through Dry Bulk Business, Energy Transport Business, Product Transport Business, and Associated Businesses. Its fleet consists of dry bulk carriers for the transportation of iron ore, coal, grain, wood, wood chips, cement, fertilizer, and salt and steel products; crude oil tankers; tankers that transport refined petroleum products, such as gas oils, naphtha, and gasoline; chemical tankers that transport liquid chemical products; methanol carriers; and LPG carriers. The company's fleet also includes car carriers that transport passenger cars and construction machinery; containerships; and ferries and coastal RoRo ships. In addition, it operates container terminals; floating storage and regasification units; and floating production, storage, and offloading systems, as well as offers logistics services, such as air and ocean freight forwarding, trucking, customs clearance, warehousing, inspection, and heavyweight and oversized cargo transport, as well as buyers' consolidation. Further, the company is involved in ocean shipping related businesses comprising tugboat operation, land transport, maritime consulting, travel, office building leasing, property management, finance, trading, insurance, ICT systems, temporary staffing, supporting an oil stockpile project, nautical charts, and other businesses. As of March 31, 2021, it operated 268 dry bulkers; 280 tankers, LNG carriers, and steaming coal carriers; 60 containerships; 1 cruise ship; and 170 product transport vessels, as well as 2 other vessels. The company was founded in 1884 and is headquartered in Tokyo, Japan.
Mitsui O.S.K. Lines Dividend Announcement
• Mitsui O.S.K. Lines announced a semi annually dividend of $0.25 per ordinary share which will be made payable on 2023-12-12. Ex dividend date: 2023-09-28
• Mitsui O.S.K. Lines annual dividend for 2023 was $0.97
• Mitsui O.S.K. Lines's trailing twelve-month (TTM) dividend yield is -%
Mitsui O.S.K. Lines Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-09-28 | $0.25 | semi annually | 2023-12-12 |
| 2023-03-30 | $0.72 | semi annually | 2023-07-06 |
| 2022-09-29 | $0.86 | semi annually | 2022-12-13 |
Mitsui O.S.K. Lines Dividend per year
Mitsui O.S.K. Lines Dividend Yield
Mitsui O.S.K. Lines current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mitsui O.S.K. Lines stock? Use our calculator to estimate your expected dividend yield:
Mitsui O.S.K. Lines Financial Ratios
Mitsui O.S.K. Lines Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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