Rinnai Corporation develops, manufactures, and sells heating products in Japan, the United States, Australia, China, South Korea, Indonesia, and internationally. The company offers water heaters, including tankless water heaters and hybrid water heaters, as well as water heaters with bath-filling systems and heating systems, and hot-water units; and kitchen appliances, such as tabletop cookers and stoves, ovens, dishwashers, and a range of hoods and rice cookers, as well as built-in hobs, such as stovetops. It also provides air conditioning appliances comprising fan heaters, fanned flue heaters, fan-forced heaters, and infrared heaters; commercial-use equipment that include ceramic grillers, commercial-use ranges, and rice cookers; and others, which comprise clothes dryers, infrared burners, and components. The company offers its products under the Rinnai brand name. The company was formerly known as Rinnai & Co. and changed its name to Rinnai Corporation in 1971. Rinnai Corporation was founded in 1920 and is headquartered in Nagoya, Japan.
Rinnai Dividend Announcement
• Rinnai announced a semi annually dividend of ¥40.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Rinnai's trailing twelve-month (TTM) dividend yield is 2.1%
Rinnai Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥40.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥40.00 | semi annually | 2024-12-06 |
2024-03-28 | ¥30.00 | semi annually | |
2023-09-28 | ¥30.00 | semi annually | 2023-12-08 |
2023-03-30 | ¥85.00 | semi annually | 2023-06-30 |
2022-09-29 | ¥75.00 | semi annually | 2022-12-05 |
2022-03-30 | ¥70.00 | semi annually | 2022-06-30 |
2021-09-29 | ¥70.00 | semi annually | 2021-12-06 |
2021-03-30 | ¥5.00 | semi annually | 2021-06-30 |
2020-09-29 | ¥5.00 | semi annually | 2020-12-07 |
2020-03-30 | ¥50.00 | semi annually | 2020-06-29 |
2019-09-27 | ¥48.00 | semi annually | 2019-12-06 |
2019-03-27 | ¥48.00 | semi annually | 2019-06-27 |
2018-09-26 | ¥46.00 | semi annually | 2018-12-06 |
2018-03-28 | ¥46.00 | semi annually | 2018-06-28 |
2017-09-27 | ¥44.00 | semi annually | 2017-12-06 |
2017-03-29 | ¥44.00 | semi annually | 2017-06-29 |
2016-09-28 | ¥42.00 | semi annually | |
2016-03-29 | ¥42.00 | semi annually | |
2015-09-28 | ¥40.00 | semi annually | |
2015-03-27 | ¥38.00 | semi annually | |
2014-09-26 | ¥38.00 | semi annually | |
2014-03-27 | ¥36.00 | semi annually |
Rinnai Dividend per year
Rinnai Dividend growth
Rinnai Dividend Yield
Rinnai current trailing twelve-month (TTM) dividend yield is 2.1%. Interested in purchasing Rinnai stock? Use our calculator to estimate your expected dividend yield:
Rinnai Financial Ratios
Rinnai Dividend FAQ
Other factors to consider when evaluating Rinnai 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: Rinnai'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, Rinnai 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, Rinnai 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 Rinnai 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: Rinnai 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, Rinnai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rinnai 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 Rinnai'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 Rinnai'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.