Nippon Gas Co., Ltd. engages in the supply and sale of LP gas and natural gas in Japan. It operates through LP Gas Business, Electricity Business, and City Gas Business segments. The company supplies LP gas through pipelines to homes built for sale, company dormitories, apartment buildings, other residential apartment complexes, as well as for commercial, industrial, agricultural, and automotive use; and high-pressure gas for commercial and industrial use. It also sells glass-top stoves, built-in stoves, gas oven ranges, gas rice cookers, dishwashers; gas water heaters, instant water heaters, floor heating products, bathroom heater/ventilation/dryer combo systems, and mist saunas; and commercial and industrial gas appliances. In addition, the company sells air-conditioning equipment, including gas and absorption heat pumps, cogeneration systems, and gas infrared heaters; remodeling-related equipment; and household equipment, as well as offers accident insurance agency services. Further, it engages in residential remodeling and consulting business; and the construction of gas, water supply, drainage, and air conditioning/heating equipment. Additionally, the company is involved in the electric power and gas business. Nippon Gas Co., Ltd. was founded in 1955 and is based in Tokyo, Japan.
Nippon Gas Dividend Announcement
• Nippon Gas announced a semi annually dividend of ¥46.25 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Nippon Gas's trailing twelve-month (TTM) dividend yield is 4.06%
• Nippon Gas's payout ratio for the trailing twelve months (TTM) is 96.29%
Nippon Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥46.25 | semi annually | 2025-06-01 |
2024-09-27 | ¥46.25 | semi annually | 2024-11-19 |
2024-03-28 | ¥37.50 | semi annually | |
2023-09-28 | ¥37.50 | semi annually | 2023-11-17 |
2023-03-30 | ¥32.50 | semi annually | 2023-06-28 |
2022-09-29 | ¥32.50 | semi annually | 2022-11-17 |
2022-03-30 | ¥25.00 | semi annually | 2022-06-23 |
2021-09-29 | ¥25.00 | semi annually | 2021-11-17 |
2021-03-30 | ¥50.00 | semi annually | 2021-06-25 |
2020-09-29 | ¥50.00 | semi annually | 2020-11-27 |
2020-03-30 | ¥35.00 | semi annually | 2020-06-25 |
2019-09-27 | ¥35.00 | semi annually | 2019-11-19 |
2019-03-27 | ¥47.00 | semi annually | 2019-06-27 |
2018-09-26 | ¥23.00 | semi annually | 2018-11-20 |
2018-03-28 | ¥23.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥19.00 | semi annually | 2017-11-17 |
2017-03-29 | ¥17.00 | semi annually | 2017-06-29 |
2016-09-28 | ¥17.00 | semi annually | |
2016-03-29 | ¥17.00 | semi annually | |
2015-09-28 | ¥13.00 | semi annually | |
2015-03-27 | ¥13.00 | semi annually | |
2014-09-26 | ¥13.00 | semi annually | |
2014-03-27 | ¥19.50 | semi annually |
Nippon Gas Dividend per year
Nippon Gas Dividend growth
Nippon Gas Dividend Yield
Nippon Gas current trailing twelve-month (TTM) dividend yield is 4.06%. Interested in purchasing Nippon Gas stock? Use our calculator to estimate your expected dividend yield:
Nippon Gas Financial Ratios
Nippon Gas Dividend FAQ
Other factors to consider when evaluating Nippon Gas 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: Nippon Gas'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, Nippon Gas 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, Nippon Gas 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 Nippon Gas 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: Nippon Gas 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, Nippon Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nippon Gas 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 Nippon Gas'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 Nippon Gas'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.