Nittoseiko Co.,Ltd. manufactures and sells screws, automated assembly systems, and inspection equipment in Japan and internationally. It provides various types of screw products, such as precision and loose-proof screws, cold forged parts, screw manufacturing tools, metal and plastic fastening screws, drive recesses, heads, bearing points, surface treatment products, and other metal parts. The company manufactures screw driving motors, handheld type screw drivers, single spindle and multi spindle screw driving machines, screw driving robots, screw feeders, caulking machines, assembly robots, and conveyors. It also offers flow meters, receivers/converters, micro-bubble washers, products for marine and batch applications, machines for SWS and SDS tests, and inspection systems, well as measuring and instrumentation systems. The company was founded in 1938 and is headquartered in Kyoto, Japan.
Nittoseiko Dividend Announcement
• Nittoseiko announced a semi annually dividend of ¥9.50 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
• Nittoseiko annual dividend for 2024 was ¥19.00
• Nittoseiko annual dividend for 2023 was ¥18.00
• Nittoseiko's trailing twelve-month (TTM) dividend yield is 2.96%
• Nittoseiko's dividend growth over the last five years (2018-2023) was 55.18% year
• Nittoseiko's dividend growth over the last ten years (2013-2023) was 8.45% year
Nittoseiko Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ¥9.50 | semi annually | 2025-03-01 |
2024-06-27 | ¥9.50 | semi annually | 2024-09-09 |
2023-12-28 | ¥9.00 | semi annually | 2024-03-28 |
2023-06-29 | ¥9.00 | semi annually | 2023-09-08 |
2022-12-29 | ¥8.00 | semi annually | 2023-03-31 |
2022-06-29 | ¥8.00 | semi annually | 2022-09-08 |
2021-12-29 | ¥7.50 | semi annually | 2022-03-31 |
2021-06-29 | ¥7.50 | semi annually | 2021-09-08 |
2020-12-29 | ¥4.50 | semi annually | 2021-03-31 |
2020-06-29 | ¥4.00 | semi annually | 2020-09-08 |
2019-12-27 | ¥6.00 | semi annually | 2020-03-31 |
2019-06-26 | ¥6.00 | semi annually | 2019-09-09 |
2018-12-26 | ¥1.00 | semi annually | 2019-03-29 |
2018-06-27 | ¥1.00 | semi annually | 2018-09-10 |
2017-12-27 | ¥4.50 | semi annually | 2018-03-30 |
2017-06-28 | ¥4.50 | semi annually | 2017-09-11 |
2016-12-28 | ¥5.00 | semi annually | |
2016-06-28 | ¥4.00 | semi annually | |
2015-12-28 | ¥4.50 | semi annually | |
2015-06-26 | ¥4.00 | semi annually | |
2014-12-26 | ¥4.50 | semi annually | |
2014-06-26 | ¥4.00 | semi annually | |
2013-12-26 | ¥4.00 | semi annually | |
2013-06-26 | ¥4.00 | semi annually |
Nittoseiko Dividend per year
Nittoseiko Dividend growth
Nittoseiko Dividend Yield
Nittoseiko current trailing twelve-month (TTM) dividend yield is 2.96%. Interested in purchasing Nittoseiko stock? Use our calculator to estimate your expected dividend yield:
Nittoseiko Financial Ratios
Nittoseiko Dividend FAQ
Other factors to consider when evaluating Nittoseiko 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: Nittoseiko'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, Nittoseiko 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, Nittoseiko 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 Nittoseiko 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: Nittoseiko 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, Nittoseiko distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nittoseiko 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 Nittoseiko'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 Nittoseiko'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.