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Molitec Steel Co., Ltd. processes and sells steel strips primarily in Japan. It offers press worked products, including automotive parts, household electrical appliances, agricultural machine parts, dies fabrication products, integrated drive plates, power springs, combine augers, and oil level gauges. The company also provides heat-treated products, such as hardened and tempered carbon steel strips and sheets; and metal materials comprising cold and hot rolled steel strips and sheets, spring and cold-rolled stainless steel strips, cold-rolled carbon steel strips and sheets, hot rolled mild steel sheets and strips, electrolytic zinc-coated steel sheets, and color coated steel sheets. In addition, it manufactures and sells various machinery tools, steel parts, and plastic products and parts, as well as imports and exports various merchandise. The company was formerly known as Mori&Co. and changed its name to Molitec Steel Co., Ltd. in January 1990. Molitec Steel Co., Ltd. was founded in 1943 and is headquartered in Osaka, Japan.

Molitec Steel Dividend Announcement

Molitec Steel announced a annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
Molitec Steel's trailing twelve-month (TTM) dividend yield is 2.42%

Molitec Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-03-28¥0.00annually
2024-03-28¥4.00annually
2023-03-30¥3.00annually2023-06-29
2022-03-30¥4.00annually2022-06-24
2021-03-30¥3.00annually2021-06-24
2020-03-30¥1.00annually2020-06-26
2019-03-27¥11.00annually2019-06-28
2018-03-28¥11.00annually2018-06-27
2017-03-29¥10.00annually2017-06-28
2016-03-29¥10.00annually
2015-03-27¥10.00annually
2014-03-27¥10.00annually

Molitec Steel Dividend per year

Molitec Steel Dividend growth

Molitec Steel Dividend Yield

Molitec Steel current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Molitec Steel stock? Use our calculator to estimate your expected dividend yield:

Molitec Steel Financial Ratios

P/E ratio10.32
PEG ratio0.40
P/B ratio0.26
ROE2.59%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.94
Cash Ratio0.29

Molitec Steel Dividend FAQ

Does Molitec Steel stock pay dividends?
Molitec Steel does not currently pay dividends to its shareholders.
Has Molitec Steel ever paid a dividend?
No, Molitec Steel has no a history of paying dividends to its shareholders. Molitec Steel is not known for its dividend payments.
Why doesn't Molitec Steel pay dividends?
There are several potential reasons why Molitec Steel would choose not to pay dividends to their shareholders:

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.
Will Molitec Steel ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Molitec Steel has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Molitec Steel a dividend aristocrat?
Molitec Steel is not considered a Dividend Aristocrat. 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 Molitec Steel a dividend king?
Molitec Steel is not classified as a "Dividend King". 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 Molitec Steel a dividend stock?
No, Molitec Steel is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Molitec Steel stocks?
To buy Molitec Steel 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Molitec Steel 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.