Nichia Steel Works, Ltd. manufactures and sells iron and steel products in Japan. It offers iron wires, zinc-plated iron wires, colored galvanized iron wires, and galvanized deformed coil rebars, as well as zinc, aluminum, and magnesium alloy plated iron wires; tertiary fences and wires; and civil engineering and architectural processed and pre-mesh processed products. The company also provides hard steel wires, galvanized steel wires, piano wires, zinc/aluminum/magnesium alloy plated steel wires, colored galvanized steel wires, steel flat wires, iron flat wires, deformed wires, stranded wires, coupling coils, and one-touch tunnels. In addition, it offers high strength and hexagon bolts, and hot dip galvanized high strength bolts. The company serves customers in industries, including construction and civil engineering, as well as agriculture, forestry, animal husbandry, fishery, electric power communication, and automobile industries. Nichia Steel Works, Ltd. was founded in 1908 and is headquartered in Amagasaki, Japan.
Nichia Steel Works Dividend Announcement
• Nichia Steel Works announced a semi annually dividend of ¥6.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Nichia Steel Works's trailing twelve-month (TTM) dividend yield is 3.34%
Nichia Steel Works Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥6.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥4.00 | semi annually | 2024-12-03 |
2024-03-28 | ¥6.00 | semi annually | |
2023-09-28 | ¥4.00 | semi annually | 2023-12-04 |
2023-03-30 | ¥6.00 | semi annually | 2023-06-30 |
2022-09-29 | ¥4.00 | semi annually | 2022-12-02 |
2022-03-30 | ¥6.00 | semi annually | 2022-06-30 |
2021-09-29 | ¥4.00 | semi annually | 2021-12-03 |
2021-03-30 | ¥4.00 | semi annually | 2021-06-30 |
2020-09-29 | ¥3.00 | semi annually | 2020-12-04 |
2020-03-30 | ¥3.00 | semi annually | 2020-06-29 |
2019-09-27 | ¥3.00 | semi annually | 2019-12-05 |
2019-03-27 | ¥3.00 | semi annually | 2019-06-28 |
2018-09-26 | ¥3.00 | semi annually | 2018-12-05 |
2018-03-28 | ¥1.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥3.00 | semi annually | 2017-12-05 |
2017-03-29 | ¥3.00 | semi annually | 2017-06-30 |
2016-09-28 | ¥3.00 | semi annually | |
2016-03-29 | ¥3.00 | semi annually | |
2015-09-28 | ¥3.00 | semi annually | |
2015-03-27 | ¥3.00 | semi annually | |
2014-09-26 | ¥3.00 | semi annually | |
2014-03-27 | ¥3.00 | semi annually |
Nichia Steel Works Dividend per year
Nichia Steel Works Dividend growth
Nichia Steel Works Dividend Yield
Nichia Steel Works current trailing twelve-month (TTM) dividend yield is 3.34%. Interested in purchasing Nichia Steel Works stock? Use our calculator to estimate your expected dividend yield:
Nichia Steel Works Financial Ratios
Nichia Steel Works Dividend FAQ
Other factors to consider when evaluating Nichia Steel Works 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.
Place an order: Use the brokerage's trading platform to place an order to buy Nichia Steel Works 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.
1. Determination of Dividend: Nichia Steel Works'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, Nichia Steel Works 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, Nichia Steel Works 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 Nichia Steel Works 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: Nichia Steel Works 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, Nichia Steel Works distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nichia Steel Works 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 Nichia Steel Works'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 Nichia Steel Works'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.