Nichias Corporation manufactures and sells thermal insulation materials primarily in Japan. It operates in five segments: Energy and Industrial Plants, Industrial Products, Advanced Products, Autoparts, and Building Materials. The company offers gaskets and packings, including non-asbestos gaskets and packings, rubber type gaskets, other seal products, and peripheral function materials; and thermal insulation materials, such as fiber products, high performance thermal insulation materials, heat-insulation boards, and cryogenic insulation materials, as well as thermal insulation materials for molten aluminum. It also provides various fluoropolymer materials, processed products, and corrosion-resistant linings, as well as tubes, hoses, and bellows; filter products and environmental equipment; and auto parts comprising sealing materials, retaining parts/materials, and sound-proofing parts/materials, as well as heat-protection products, control parts, and materials. In addition, the company offers building materials for buildings and housing; and undertakes hot and cold insulation, refractory, electric heater tracing, acoustic insulation, and aerogel heat-insulation works. Further, it provides furniture sliding pads, and friction and agricultural materials. The company serves electric power and gas; waste incineration plants; chemical, petroleum refinery, and petrochemical; steel and non-ferrous metals; aluminum casting and processing; paper; building and housing construction; semiconductor and flat panel display; foods and pharmaceutical; medical equipment; electric equipment; aerospace; automobiles; ship building, maintenance, and repair; industrial equipment; and others industries. Nichias Corporation was incorporated in 1896 and is headquartered in Tokyo, Japan.
Nichias Dividend Announcement
• Nichias announced a semi annually dividend of ¥56.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Nichias's trailing twelve-month (TTM) dividend yield is 1.73%
• Nichias's payout ratio for the trailing twelve months (TTM) is 22.19%
Nichias Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥56.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥52.00 | semi annually | 2024-12-02 |
2024-03-28 | ¥50.00 | semi annually | |
2023-09-28 | ¥48.00 | semi annually | 2023-12-01 |
2023-03-30 | ¥46.00 | semi annually | 2023-06-30 |
2022-09-29 | ¥44.00 | semi annually | 2022-12-01 |
2022-03-30 | ¥44.00 | semi annually | 2022-06-30 |
2021-09-29 | ¥42.00 | semi annually | 2021-12-01 |
2021-03-30 | ¥38.00 | semi annually | 2021-06-30 |
2020-09-29 | ¥38.00 | semi annually | 2020-12-01 |
2020-03-30 | ¥38.00 | semi annually | 2020-06-29 |
2019-09-27 | ¥38.00 | semi annually | 2019-12-02 |
2019-03-27 | ¥36.00 | semi annually | 2019-06-28 |
2018-09-26 | ¥8.00 | semi annually | 2018-12-01 |
2018-03-28 | ¥16.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥14.00 | semi annually | 2017-12-04 |
2017-03-29 | ¥14.00 | semi annually | 2017-06-30 |
2016-09-28 | ¥12.00 | semi annually | |
2016-03-29 | ¥3.00 | semi annually | |
2015-09-28 | ¥9.00 | semi annually | |
2015-03-27 | ¥9.00 | semi annually | |
2014-09-26 | ¥8.00 | semi annually | |
2014-03-27 | ¥8.00 | semi annually |
Nichias Dividend per year
Nichias Dividend growth
Nichias Dividend Yield
Nichias current trailing twelve-month (TTM) dividend yield is 1.73%. Interested in purchasing Nichias stock? Use our calculator to estimate your expected dividend yield:
Nichias Financial Ratios
Nichias Dividend FAQ
Other factors to consider when evaluating Nichias 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: Nichias'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, Nichias 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, Nichias 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 Nichias 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: Nichias 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, Nichias distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nichias 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 Nichias'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 Nichias'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.