Nippon Tungsten Co., Ltd. provides rare metal and fine ceramic products primarily composed of tungsten based on powder metallurgical technology. Its products include tungsten wire and rod, tungsten ribbon and SC molybdenum; resistance welding electrodes, TD/TCP/Starter contacts, silicon nitride, and roll press machine that are used in automobile manufacturing; and heavy alloys. The company's products also consist of discharge tungsten wire, electric discharge machining electrodes for use in electric machines and tools; cemented carbides and ceramic materials for use in wear resistant and shock resistant tools; NT die cutters and fine ceramic cutting tools; seal rings and sleeves, and corrosion resistant sliding materials; and porous ceramics for transferring workpieces. In addition, it is also engaged in real estate leasing and management; renewable energy power generation business; and sale of electricity. Nippon Tungsten Co., Ltd. was founded in 1931 and is headquartered in Fukuoka, Japan.
Nippon Tungsten Dividend Announcement
• Nippon Tungsten announced a semi annually dividend of ¥25.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Nippon Tungsten's trailing twelve-month (TTM) dividend yield is 4.11%
Nippon Tungsten Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥25.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥25.00 | semi annually | 2024-12-06 |
2024-03-28 | ¥25.00 | semi annually | |
2023-09-28 | ¥50.00 | semi annually | 2023-12-06 |
2023-03-30 | ¥60.00 | semi annually | 2023-06-09 |
2022-09-29 | ¥60.00 | semi annually | 2022-12-06 |
2022-03-30 | ¥10.00 | semi annually | 2022-06-09 |
2021-09-29 | ¥50.00 | semi annually | 2021-12-07 |
2021-03-30 | ¥40.00 | semi annually | 2021-06-09 |
2020-03-30 | ¥30.00 | semi annually | 2020-06-09 |
2019-09-27 | ¥40.00 | semi annually | 2019-12-05 |
2019-03-27 | ¥55.00 | semi annually | 2019-06-06 |
2018-09-26 | ¥40.00 | semi annually | 2018-12-06 |
2018-03-28 | ¥50.00 | semi annually | 2018-06-06 |
2017-09-27 | ¥0.30 | semi annually | 2017-12-07 |
2017-03-29 | ¥3.50 | semi annually | 2017-06-07 |
2016-09-28 | ¥2.00 | semi annually | |
2016-03-29 | ¥5.00 | semi annually | |
2015-09-28 | ¥2.50 | semi annually | |
2015-03-27 | ¥3.00 | semi annually | |
2014-09-26 | ¥2.00 | semi annually | |
2014-03-27 | ¥2.00 | semi annually |
Nippon Tungsten Dividend per year
Nippon Tungsten Dividend growth
Nippon Tungsten Dividend Yield
Nippon Tungsten current trailing twelve-month (TTM) dividend yield is 4.11%. Interested in purchasing Nippon Tungsten stock? Use our calculator to estimate your expected dividend yield:
Nippon Tungsten Financial Ratios
Nippon Tungsten Dividend FAQ
Other factors to consider when evaluating Nippon Tungsten 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 Tungsten'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 Tungsten 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 Tungsten 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 Tungsten 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 Tungsten 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 Tungsten 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 Tungsten 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 Tungsten'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 Tungsten'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.