Nippon Yakin Kogyo Co., Ltd. manufactures and sells stainless steel products in Japan and internationally. The company offers corrosion resistant alloys, heat resistant alloys, high strength stainless steels, controlled expansion alloys, soft magnetic alloys, non-magnetic alloys, corrosion resistant pure nickel, and neutron absorbing stainless steel, as well as stainless steel floor plates. Its products have applications in precision electronics, green technologies, marine structures, automotive, precision astronomical instruments, manufacturing and processing plants, and high temperature environments, as well as in the energy and food industry. The company was formerly known as Nippon Kako Co., Ltd. and changed its name to Nippon Yakin Kogyo Co., Ltd. in 1942. Nippon Yakin Kogyo Co., Ltd. was founded in 1925 and is headquartered in Tokyo, Japan.
Nippon Yakin Kogyo Dividend Announcement
• Nippon Yakin Kogyo announced a semi annually dividend of ¥100.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Nippon Yakin Kogyo's trailing twelve-month (TTM) dividend yield is 4.89%
Nippon Yakin Kogyo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥100.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥100.00 | semi annually | 2024-12-02 |
2024-03-28 | ¥100.00 | semi annually | |
2023-09-28 | ¥100.00 | semi annually | 2023-12-01 |
2023-03-30 | ¥130.00 | semi annually | 2023-06-29 |
2022-09-29 | ¥70.00 | semi annually | 2022-12-01 |
2022-03-30 | ¥80.00 | semi annually | 2022-06-29 |
2021-09-29 | ¥40.00 | semi annually | 2021-12-01 |
2021-03-30 | ¥30.00 | semi annually | 2021-06-28 |
2020-09-29 | ¥15.00 | semi annually | 2020-12-01 |
2020-03-30 | ¥30.00 | semi annually | 2020-06-26 |
2019-09-27 | ¥3.00 | semi annually | 2019-12-02 |
2019-03-27 | ¥3.00 | semi annually | 2019-06-27 |
2018-09-26 | ¥3.00 | semi annually | 2018-12-03 |
2018-03-28 | ¥4.00 | semi annually | 2018-06-28 |
2017-03-29 | ¥2.50 | semi annually | 2017-06-29 |
2016-03-29 | ¥1.50 | semi annually |
Nippon Yakin Kogyo Dividend per year
Nippon Yakin Kogyo Dividend growth
Nippon Yakin Kogyo Dividend Yield
Nippon Yakin Kogyo current trailing twelve-month (TTM) dividend yield is 4.89%. Interested in purchasing Nippon Yakin Kogyo stock? Use our calculator to estimate your expected dividend yield:
Nippon Yakin Kogyo Financial Ratios
Nippon Yakin Kogyo Dividend FAQ
Other factors to consider when evaluating Nippon Yakin Kogyo 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 Yakin Kogyo'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 Yakin Kogyo 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 Yakin Kogyo 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 Yakin Kogyo 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 Yakin Kogyo 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 Yakin Kogyo 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 Yakin Kogyo 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 Yakin Kogyo'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 Yakin Kogyo'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.