Morinaga Milk Industry Co., Ltd., together with its subsidiaries, produces and sells various dairy products in Japan and internationally. The company offers milk, yogurt, cheese, and butter products, as well as chilled desserts, ice creams, infant formulas and baby foods, health foods, and liquid diet and nursing care foods; milk-based drinks, coffee drinks, chilled tea beverages, and various other products; and other products, such as creaming powders, condensed milks, and TOFU products. It also provides infant and toddler milk ingredients, including whey protein concentrate and lactose, as well as lactoferrin. In addition, the company is involved in the processing and packaging products, such as tofu and other soy-based products. Further, it engages in the mail-order sale of health food products; and offers hygiene management equipment. The company was formerly known as Nippon Rennyu Co., Ltd. and changed its name to Morinaga Milk Industry Co., Ltd. in 1949. Morinaga Milk Industry Co., Ltd. was founded in 1917 and is headquartered in Tokyo, Japan.
Morinaga Milk Industry Dividend Announcement
• Morinaga Milk Industry announced a semi annually dividend of ¥45.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Morinaga Milk Industry's trailing twelve-month (TTM) dividend yield is 3.57%
Morinaga Milk Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥45.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥45.00 | semi annually | 2024-12-05 |
2024-03-28 | ¥60.00 | semi annually | |
2023-03-30 | ¥90.00 | semi annually | 2023-06-30 |
2022-03-30 | ¥80.00 | semi annually | 2022-06-30 |
2021-03-30 | ¥60.00 | semi annually | 2021-06-30 |
2020-03-30 | ¥60.00 | semi annually | 2020-06-29 |
2019-03-27 | ¥55.00 | semi annually | 2019-06-28 |
2018-03-28 | ¥5.00 | semi annually | 2018-06-29 |
2017-03-29 | ¥9.00 | semi annually | 2017-06-30 |
2016-03-29 | ¥7.00 | semi annually | |
2015-03-27 | ¥7.00 | semi annually | |
2014-03-27 | ¥7.00 | semi annually |
Morinaga Milk Industry Dividend per year
Morinaga Milk Industry Dividend growth
Morinaga Milk Industry Dividend Yield
Morinaga Milk Industry current trailing twelve-month (TTM) dividend yield is 3.57%. Interested in purchasing Morinaga Milk Industry stock? Use our calculator to estimate your expected dividend yield:
Morinaga Milk Industry Financial Ratios
Morinaga Milk Industry Dividend FAQ
Other factors to consider when evaluating Morinaga Milk Industry 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: Morinaga Milk Industry'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, Morinaga Milk Industry 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, Morinaga Milk Industry 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 Morinaga Milk Industry 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: Morinaga Milk Industry 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, Morinaga Milk Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Morinaga Milk Industry 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 Morinaga Milk Industry'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 Morinaga Milk Industry'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.