Nippon Koshuha Steel Co.,Ltd. manufactures and sells special steels and super alloys in Japan. The company offers tool steel products, such as cold and hot work, high speed, and plastic mold steel products; and super alloy steel for various general applications, including heat resistant, corrosion resisting, electric heating, low thermal expansion, sealing, high tension, constant elasticity, welding, and electromagnetic materials. It also provides stainless steel comprising martensitic, ferritic, austenitic, two phase, and precipitation hardening products; and precise cold forging steel products; and information processing and communication systems, as well as develops, sells, and leases related software products. In addition, Nippon Koshuha Steel Co.,Ltd. is involved in the sale, leasing, and brokerage of real estate. The company was founded in 1936 and is headquartered in Tokyo, Japan. Nippon Koshuha Steel Co.,Ltd. is a subsidiary of Kobe Steel, Ltd.
Nippon Koshuha Steel Dividend Announcement
• Nippon Koshuha Steel announced a annually dividend of ¥50.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• Nippon Koshuha Steel annual dividend for 2024 was ¥50.00
• Nippon Koshuha Steel annual dividend for 2023 was ¥5.00
• Nippon Koshuha Steel's trailing twelve-month (TTM) dividend yield is 13.81%
Nippon Koshuha Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | ¥50.00 | annually | |
2023-03-30 | ¥5.00 | annually | 2023-06-29 |
2019-03-27 | ¥15.00 | annually | 2019-06-27 |
2018-03-28 | ¥15.00 | annually | 2018-06-27 |
2017-03-29 | ¥1.50 | annually | 2017-06-28 |
2016-03-29 | ¥1.50 | annually | |
2015-03-27 | ¥2.00 | annually | |
2012-03-28 | ¥1.50 | annually | |
2011-03-29 | ¥1.50 | annually | |
2009-03-26 | ¥1.50 | annually | |
2008-03-26 | ¥3.50 | annually | |
2007-03-27 | ¥2.50 | annually |
Nippon Koshuha Steel Dividend per year
Nippon Koshuha Steel Dividend growth
Nippon Koshuha Steel Dividend Yield
Nippon Koshuha Steel current trailing twelve-month (TTM) dividend yield is 13.81%. Interested in purchasing Nippon Koshuha Steel stock? Use our calculator to estimate your expected dividend yield:
Nippon Koshuha Steel Financial Ratios
Nippon Koshuha Steel Dividend FAQ
Other factors to consider when evaluating Nippon Koshuha Steel 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 Koshuha Steel'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 Koshuha Steel 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 Koshuha Steel 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 Koshuha Steel 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 Koshuha Steel 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 Koshuha Steel 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 Koshuha Steel 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 Koshuha Steel'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 Koshuha Steel'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.