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MODEC, Inc., a general contractor, engages in the engineering, procurement, construction, and installation of floating production systems worldwide. The company provides floating production storage and offloading vessels; floating storage and offloading vessels; floating LNGs; floating storage regasification water-desalination and power generation; tension leg platforms; production semi-submersibles; mooring systems; and other technologies. It also offers operation and maintenance services. The company was founded in 1968 and is headquartered in Tokyo, Japan. MODEC, Inc. is a subsidiary of Mitsui E&S Holdings Co., Ltd.

MODEC Dividend Announcement

MODEC announced a semi annually dividend of ¥30.00 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
MODEC annual dividend for 2024 was ¥60.00
MODEC annual dividend for 2023 was ¥20.00
MODEC's trailing twelve-month (TTM) dividend yield is 0.01%
MODEC's payout ratio for the trailing twelve months (TTM) is 4.61%

MODEC Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-27¥30.00semi annually2025-03-01
2024-06-27¥30.00semi annually2024-09-10
2023-12-28¥20.00semi annually2024-03-28
2021-12-29¥15.00semi annually
2021-06-29¥15.00semi annually2021-09-07
2020-12-29¥23.75semi annually2021-03-24
2020-06-29¥23.75semi annually2020-09-08
2019-12-27¥22.50semi annually2020-03-23
2019-06-26¥22.50semi annually2019-09-03
2018-12-26¥10.00semi annually2019-03-22
2018-06-27¥21.25semi annually2018-09-04
2017-12-27¥20.00semi annually2018-03-26
2017-06-28¥20.00semi annually2017-09-05
2016-12-28¥18.75semi annually
2016-06-28¥18.75semi annually
2015-12-28¥17.50semi annually
2015-06-26¥17.50semi annually
2014-12-26¥16.25semi annually
2014-06-26¥16.25semi annually
2013-12-26¥15.00semi annually
2013-06-26¥15.00semi annually
2012-12-26¥13.75semi annually
2012-06-27¥13.75semi annually

MODEC Dividend per year

MODEC Dividend growth

MODEC Dividend Yield

MODEC current trailing twelve-month (TTM) dividend yield is 0.01%. Interested in purchasing MODEC stock? Use our calculator to estimate your expected dividend yield:

MODEC Financial Ratios

P/E ratio7.58
PEG ratio-26.16
P/B ratio1.35
ROE18.92%
Payout ratio4.61%
Current ratio0.87
Quick ratio0.87
Cash Ratio0.50

MODEC Dividend FAQ

How much is the next MODEC dividend?
MODEC's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MODEC dividend. The next MODEC dividend will be released in December.
When is MODEC dividend paid?
MODEC pays dividends on a semi annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does MODEC pay?
The specific amount of MODEC dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MODEC's dividend history.
Does MODEC stock pay dividends?
Yes, MODEC does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MODEC's dividend history.
How much dividend does MODEC pay?
MODEC paid ¥60.0 in 2024, ¥20.0 in 2023, ¥0.0 in 2022, ¥30.0 in 2021, and ¥47.5 in 2020.
How often does MODEC pay dividends?
MODEC typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around December.
What is MODEC's dividend yield?
The current dividend yield for MODEC is 0.01%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate MODEC's exact dividend yield.
When does MODEC go ex dividend?
MODEC's ex-dividend date for the latest dividend was on 2024-12-27. MODEC typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next MODEC dividend paid?
MODEC pays dividends on a semi annually basis, typically around December, but the exact dates can vary each year.
Will MODEC increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether MODEC will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is MODEC dividend per share?
MODEC paid ¥60.0 per share in 2024 and ¥20.0 per share in 2023. The amount of dividend per share that MODEC pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is MODEC a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MODEC a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MODEC a dividend stock?
Yes, MODEC is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MODEC a good dividend stock?
Whether MODEC is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MODEC has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MODEC 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.
Does MODEC pay dividends monthly?
MODEC typically pays dividends on a semi annually basis.
Does MODEC pay dividends quarterly?
MODEC currently pays dividends on a semi annually basis.
Has MODEC ever paid a dividend?
Yes, MODEC has a history of paying dividends to its shareholders. MODEC is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MODEC dividend stocks?
To buy MODEC you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy MODEC 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.
When does MODEC pay dividends 2024?
MODEC pays dividends on a semi annually basis. 2024 dividend payments are in 2025-03-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will MODEC increase its dividend in 2024?
Decisions regarding MODEC dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date MODEC dividend overview you can look into the above table of dividend history.
How MODEC dividend works?
The MODEC dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how MODEC's dividend process works:

1. Determination of Dividend: MODEC'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, MODEC 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, MODEC 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 MODEC 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.
How are MODEC dividends paid?
MODEC dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MODEC 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, MODEC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: MODEC 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.
How many times does MODEC pay dividends?
MODEC typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does MODEC pay dividends?
The general pattern is that MODEC pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MODEC dividend safe?
The safety of MODEC's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of MODEC'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 MODEC'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.