Okano Valve Mfg.Co.Ltd. produces and sells industrial valve for high pressure and high-temperature service in Japan and internationally. The company's value products include globe, gate, check, safety and relief, screw-down stop check, drain, lining, NAC, control, and 3-way valves, as well as other valve accessories, such as expanded graphite seal rings, safety valve adapters, and nozzle cleaners. It also offers steel castings; and maintenance services comprising valve seat, nut seat face, flange gasket and seal ring contact faces, neck bush, stem bush wear measurement, safety valves, ampere-voltage-diagnostic systems AVD, valve maintenance management support system, and chemical decontamination of valves, as well as operates technical training centers. The company provides its products for thermal and nuclear power plants, and chemical industries, as well as marine, steel manufacturing, textile, and other industrial service applications. Okano Valve Mfg.Co.Ltd. was founded in 1926 and is headquartered in Kitakyushu, Japan.
Okano Valve Dividend Announcement
• Okano Valve announced a semi annually dividend of ¥20.00 per ordinary share which will be made payable on 2025-02-01. Ex dividend date: 2024-11-28
• Okano Valve annual dividend for 2024 was ¥40.00
• Okano Valve annual dividend for 2023 was ¥30.00
• Okano Valve's trailing twelve-month (TTM) dividend yield is 0.89%
• Okano Valve's dividend growth over the last five years (2018-2023) was 8.45% year
• Okano Valve's dividend growth over the last ten years (2013-2023) was 31.10% year
Okano Valve Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-28 | ¥20.00 | semi annually | 2025-02-01 |
2024-05-30 | ¥20.00 | semi annually | 2024-08-05 |
2023-11-29 | ¥30.00 | semi annually | 2024-02-29 |
2022-11-29 | ¥20.00 | semi annually | 2023-02-28 |
2021-11-29 | ¥20.00 | semi annually | 2022-02-28 |
2020-11-27 | ¥20.00 | semi annually | 2021-02-26 |
2019-11-28 | ¥20.00 | semi annually | 2020-02-28 |
2018-11-28 | ¥20.00 | semi annually | 2019-02-28 |
2017-11-28 | ¥20.00 | semi annually | 2018-02-28 |
2016-11-28 | ¥2.00 | semi annually | |
2015-11-26 | ¥2.00 | semi annually | |
2014-11-26 | ¥2.00 | semi annually | |
2013-11-27 | ¥2.00 | semi annually |
Okano Valve Dividend per year
Okano Valve Dividend growth
Okano Valve Dividend Yield
Okano Valve current trailing twelve-month (TTM) dividend yield is 0.89%. Interested in purchasing Okano Valve stock? Use our calculator to estimate your expected dividend yield:
Okano Valve Financial Ratios
Okano Valve Dividend FAQ
Other factors to consider when evaluating Okano Valve 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: Okano Valve'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, Okano Valve 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, Okano Valve 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 Okano Valve 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: Okano Valve 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, Okano Valve distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Okano Valve 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 Okano Valve'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 Okano Valve'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.