Nippon Pillar Packing Co., Ltd. designs, develops, manufactures, and sells various fluid control equipment in Japan. It offers mechanical seals; gland packings; gaskets; andfluid equipment product made of fluorine resins, as well as products for construction and civil engineering activities. The company provides its products for the use in various industrial fields, such as petroleum refining, oil chemical, energy, oil and gas, marine service, steel, water and irrigation, paper and pulp, food and pharmaceutical, automobile, semiconductor and LCD, communication and sensing, and construction and civil engineering. Nippon Pillar Packing Co., Ltd. was founded in 1924 and is headquartered in Osaka, Japan.
Nippon Pillar Packing Dividend Announcement
• Nippon Pillar Packing announced a semi annually dividend of ¥45.00 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-09-27
• Nippon Pillar Packing annual dividend for 2024 was ¥55.00
• Nippon Pillar Packing annual dividend for 2023 was ¥139.00
• Nippon Pillar Packing's trailing twelve-month (TTM) dividend yield is 1.27%
• Nippon Pillar Packing's dividend growth over the last five years (2018-2023) was 44.58% year
• Nippon Pillar Packing's dividend growth over the last ten years (2013-2023) was 24.13% year
Nippon Pillar Packing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | ¥45.00 | semi annually | 2024-12-01 |
2024-03-28 | ¥10.00 | semi annually | |
2023-09-28 | ¥60.00 | semi annually | 2023-12-08 |
2023-03-30 | ¥79.00 | semi annually | 2023-06-23 |
2022-09-29 | ¥54.00 | semi annually | 2022-12-09 |
2022-03-30 | ¥61.00 | semi annually | 2022-06-24 |
2021-09-29 | ¥45.00 | semi annually | 2021-12-10 |
2021-03-30 | ¥25.00 | semi annually | 2021-06-25 |
2020-09-29 | ¥20.00 | semi annually | 2020-12-04 |
2020-03-30 | ¥20.00 | semi annually | 2020-06-26 |
2019-09-27 | ¥20.00 | semi annually | 2019-12-06 |
2019-03-27 | ¥5.00 | semi annually | 2019-06-26 |
2018-09-26 | ¥20.00 | semi annually | 2018-12-07 |
2018-03-28 | ¥2.00 | semi annually | 2018-06-27 |
2017-09-27 | ¥17.00 | semi annually | 2017-12-08 |
2017-03-29 | ¥4.00 | semi annually | 2017-06-26 |
2016-09-28 | ¥14.00 | semi annually | |
2016-03-29 | ¥4.00 | semi annually | |
2015-09-28 | ¥10.00 | semi annually | |
2015-03-27 | ¥10.00 | semi annually | |
2014-09-26 | ¥2.00 | semi annually | |
2014-03-27 | ¥8.00 | semi annually | |
2013-09-26 | ¥8.00 | semi annually | |
2013-03-27 | ¥8.00 | semi annually |
Nippon Pillar Packing Dividend per year
Nippon Pillar Packing Dividend growth
Nippon Pillar Packing Dividend Yield
Nippon Pillar Packing current trailing twelve-month (TTM) dividend yield is 1.27%. Interested in purchasing Nippon Pillar Packing stock? Use our calculator to estimate your expected dividend yield:
Nippon Pillar Packing Financial Ratios
Nippon Pillar Packing Dividend FAQ
Other factors to consider when evaluating Nippon Pillar Packing 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 Pillar Packing'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 Pillar Packing 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 Pillar Packing 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 Pillar Packing 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 Pillar Packing 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 Pillar Packing 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 Pillar Packing 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 Pillar Packing'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 Pillar Packing'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.