Precision Tsugami (China) Corporation Limited, an investment holding company, manufactures and sells computer numerical control machine tools primarily in Mainland China and Taiwan. The company offers precision turret machines, precision automatic lathes, precision machine centers, precision grinding machines, precision thread and form rolling machines, and other components under the TSUGAMI brand name. Its products are used in various industries, such as automobile parts and components, mobile phones and communication facilities, automation, medical instruments, and construction machinery. The company also exports its products to Japan, South Korea, Europe, the United States, and internationally. The company was founded in 2003 and is based in Pinghu, China. Precision Tsugami (China) Corporation Limited is a subsidiary of Tsugami Corporation.
Precision Tsugami Dividend Announcement
• Precision Tsugami announced a semi annually dividend of HK$0.45 per ordinary share which will be made payable on 2025-01-13. Ex dividend date: 2024-12-05
• Precision Tsugami annual dividend for 2024 was HK$0.85
• Precision Tsugami annual dividend for 2023 was HK$0.80
• Precision Tsugami's trailing twelve-month (TTM) dividend yield is 6.75%
• Precision Tsugami's payout ratio for the trailing twelve months (TTM) is 58.37%
• Precision Tsugami's dividend growth over the last five years (2018-2023) was 17.32% year
Precision Tsugami Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-05 | HK$0.45 | semi annually | 2025-01-13 |
2024-08-22 | HK$0.40 | semi annually | 2024-09-02 |
2023-12-06 | HK$0.40 | semi annually | 2024-01-12 |
2023-08-22 | HK$0.40 | semi annually | 2023-09-15 |
2022-12-02 | HK$0.40 | semi annually | 2023-01-09 |
2022-08-18 | HK$0.40 | semi annually | 2022-09-02 |
2021-12-03 | HK$0.40 | semi annually | 2022-01-10 |
2021-08-19 | HK$0.25 | semi annually | 2021-09-03 |
2020-12-04 | HK$0.15 | semi annually | 2021-01-11 |
2020-08-20 | HK$0.15 | semi annually | 2020-09-04 |
2019-12-06 | HK$0.15 | semi annually | 2020-01-13 |
2019-08-22 | HK$0.15 | semi annually | 2019-09-04 |
2018-12-07 | HK$0.20 | semi annually | 2018-12-21 |
2018-08-22 | HK$0.16 | semi annually | 2018-09-07 |
Precision Tsugami Dividend per year
Precision Tsugami Dividend growth
Precision Tsugami Dividend Yield
Precision Tsugami current trailing twelve-month (TTM) dividend yield is 6.75%. Interested in purchasing Precision Tsugami stock? Use our calculator to estimate your expected dividend yield:
Precision Tsugami Financial Ratios
Precision Tsugami Dividend FAQ
Other factors to consider when evaluating Precision Tsugami 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: Precision Tsugami'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, Precision Tsugami 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, Precision Tsugami 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 Precision Tsugami 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: Precision Tsugami 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, Precision Tsugami distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Precision Tsugami 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 Precision Tsugami'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 Precision Tsugami'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.