Morito Co., Ltd. plans, develops, and produces eyelets, hooks, flat fasteners, and other apparels worldwide. It also provides footwear accessories and articles, as well as materials for camera components and vehicle interiors. In addition, the company offers various categories of footwear materials; and value added materials for various types of apparel, including casualwear, sportswear, formalwear, and uniforms. Further, it is involved in the retail distribution of insoles and shoe/foot care articles; and provision of transportation equipment materials, such as nets, emblems, fasteners, straps, rubber textiles, and magic tape products for automobile, train, and aircraft parts, as well as ODM materials comprising sewn, molded, or other processed articles in the form of semi-finished and finished products for various industries. The company was formerly known as Morito & Co., Ltd. and changed its name to Morito Co., Ltd. in 1976. Morito Co., Ltd. was founded in 1908 and is headquartered in Osaka, Japan
Morito Dividend Announcement
• Morito announced a semi annually dividend of ¥34.00 per ordinary share which will be made payable on 2025-02-01. Ex dividend date: 2024-11-28
• Morito annual dividend for 2024 was ¥63.00
• Morito annual dividend for 2023 was ¥55.00
• Morito's trailing twelve-month (TTM) dividend yield is 3.83%
• Morito's dividend growth over the last five years (2018-2023) was 122.88% year
• Morito's dividend growth over the last ten years (2013-2023) was 10.65% year
Morito Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-28 | ¥34.00 | semi annually | 2025-02-01 |
2024-05-30 | ¥29.00 | semi annually | 2024-08-08 |
2023-11-29 | ¥28.00 | semi annually | 2024-02-29 |
2023-05-30 | ¥27.00 | semi annually | 2023-08-08 |
2022-11-29 | ¥15.50 | semi annually | 2023-02-27 |
2022-05-30 | ¥13.50 | semi annually | 2022-08-09 |
2021-11-29 | ¥17.00 | semi annually | 2022-02-28 |
2021-05-28 | ¥9.00 | semi annually | 2021-08-06 |
2020-11-27 | ¥4.75 | semi annually | 2021-02-25 |
2020-05-28 | ¥13.25 | semi annually | 2020-08-07 |
2019-11-28 | ¥13.00 | semi annually | 2020-02-27 |
2019-05-29 | ¥13.00 | semi annually | 2019-08-09 |
2018-11-28 | ¥0.50 | semi annually | 2019-02-28 |
2018-05-29 | ¥0.50 | semi annually | 2018-08-08 |
2017-11-28 | ¥3.00 | semi annually | 2018-02-26 |
2017-05-29 | ¥3.00 | semi annually | 2017-08-09 |
2016-11-28 | ¥9.00 | semi annually | |
2016-05-27 | ¥8.00 | semi annually | |
2015-11-26 | ¥7.50 | semi annually | |
2015-05-27 | ¥7.00 | semi annually | |
2014-11-26 | ¥6.50 | semi annually | |
2014-05-28 | ¥12.00 | semi annually | |
2013-11-27 | ¥11.00 | semi annually | |
2013-05-29 | ¥9.00 | semi annually |
Morito Dividend per year
Morito Dividend growth
Morito Dividend Yield
Morito current trailing twelve-month (TTM) dividend yield is 3.83%. Interested in purchasing Morito stock? Use our calculator to estimate your expected dividend yield:
Morito Financial Ratios
Morito Dividend FAQ
Other factors to consider when evaluating Morito 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: Morito'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, Morito 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, Morito 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 Morito 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: Morito 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, Morito distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Morito 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 Morito'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 Morito'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.