Okamoto Machine Tool Works, Ltd. manufactures and sells grinding machines and semiconductor related equipment in Japan and internationally. It offers conventional type precision, CNC precision, double column type, and rotary surface grinding machines; precision and ultra precision form grinding machines; precision cylindrical, internal, universal, and center hole grinding machines; gear and specialized grinding machines; and consumer and special designed devices. It also provides semiconductor equipment devices, including wafer backside grinding machines, polishing machines, lapping machines, slicing machines, and ingot processing machines. In addition, the company provides various materials. Okamoto Machine Tool Works, Ltd. was founded in 1926 and is headquartered in Annaka, Japan.
Okamoto Machine Tool Works Dividend Announcement
• Okamoto Machine Tool Works announced a semi annually dividend of ¥80.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Okamoto Machine Tool Works's trailing twelve-month (TTM) dividend yield is 4.26%
Okamoto Machine Tool Works Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥80.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥80.00 | semi annually | 2024-12-06 |
2024-03-28 | ¥100.00 | semi annually | 2024-06-28 |
2023-09-28 | ¥100.00 | semi annually | 2023-12-06 |
2023-03-30 | ¥100.00 | semi annually | 2023-06-30 |
2022-09-29 | ¥80.00 | semi annually | 2022-12-07 |
2022-03-30 | ¥80.00 | semi annually | 2022-06-30 |
2021-09-29 | ¥60.00 | semi annually | 2021-12-07 |
2021-03-30 | ¥30.00 | semi annually | 2021-06-30 |
2020-09-29 | ¥30.00 | semi annually | 2020-12-04 |
2020-03-30 | ¥50.00 | semi annually | 2020-06-29 |
2019-09-27 | ¥50.00 | semi annually | 2019-12-06 |
2019-03-27 | ¥60.00 | semi annually | 2019-06-28 |
2018-09-26 | ¥40.00 | semi annually | 2018-12-07 |
2018-03-28 | ¥50.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥2.00 | semi annually | 2017-12-07 |
2017-03-29 | ¥4.00 | semi annually | 2017-06-30 |
2016-03-29 | ¥3.00 | semi annually | |
2015-03-27 | ¥3.00 | semi annually | |
2009-03-26 | ¥0.50 | semi annually |
Okamoto Machine Tool Works Dividend per year
Okamoto Machine Tool Works Dividend growth
Okamoto Machine Tool Works Dividend Yield
Okamoto Machine Tool Works current trailing twelve-month (TTM) dividend yield is 4.26%. Interested in purchasing Okamoto Machine Tool Works stock? Use our calculator to estimate your expected dividend yield:
Okamoto Machine Tool Works Financial Ratios
Okamoto Machine Tool Works Dividend FAQ
Other factors to consider when evaluating Okamoto Machine Tool Works 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: Okamoto Machine Tool Works'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, Okamoto Machine Tool Works 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, Okamoto Machine Tool Works 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 Okamoto Machine Tool Works 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: Okamoto Machine Tool Works 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, Okamoto Machine Tool Works distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Okamoto Machine Tool Works 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 Okamoto Machine Tool Works'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 Okamoto Machine Tool Works'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.