Sanyo Special Steel Co., Ltd., together with its subsidiaries, manufactures and sells special steel products in Japan and internationally. The company operates through Specialty Steel, Metal Powder, Formed and Fabricated Materials, and Others segments. The Specialty Steel segment provides various special steel products, including bearing, engineering, stainless, heat resistant, and tool steel products. The Metal Powder segment manufactures and sells metal powders and powder metallurgy products. The Formed and Fabricated Materials segment offers cut rings, die-forged/rolled, forged rings, and cold-rolled ring products made from special steel bars and tubes. The Other segment provides information processing services. The company also engages in the trading of special steel products, steelmaking raw materials, and other materials; and the provision of security and facilities maintenance services, and machinery maintenance services. Its steel products are used in a range of automobiles, railroads, construction machines, electronics products, and information communication devices. The company was formerly known as Sanyo Steel Works and changed its name to Sanyo Special Steel Co., Ltd. in 1959. The company was founded in 1933 and is headquartered in Himeji, Japan. Sanyo Special Steel Co., Ltd. is a subsidiary of Nippon Steel Corporation.
Sanyo Special Steel Dividend Announcement
• Sanyo Special Steel announced a semi annually dividend of ¥50.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Sanyo Special Steel's trailing twelve-month (TTM) dividend yield is 2.74%
Sanyo Special Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥50.00 | semi annually | 2025-06-01 |
2024-09-27 | ¥20.00 | semi annually | 2024-11-29 |
2024-03-28 | ¥30.00 | semi annually | |
2023-09-28 | ¥35.00 | semi annually | 2023-11-30 |
2023-03-30 | ¥45.00 | semi annually | 2023-06-07 |
2022-09-29 | ¥45.00 | semi annually | 2022-11-30 |
2022-03-30 | ¥35.00 | semi annually | 2022-06-03 |
2021-09-29 | ¥45.00 | semi annually | 2021-11-30 |
2020-03-30 | ¥9.50 | semi annually | |
2019-09-27 | ¥15.50 | semi annually | 2019-12-02 |
2019-03-27 | ¥24.00 | semi annually | 2019-06-05 |
2018-09-26 | ¥45.00 | semi annually | 2018-11-30 |
2018-03-28 | ¥25.00 | semi annually | 2018-06-06 |
2017-09-27 | ¥1.34 | semi annually | 2017-11-30 |
2017-03-29 | ¥7.50 | semi annually | 2017-06-07 |
2016-09-28 | ¥5.00 | semi annually | |
2016-03-29 | ¥6.00 | semi annually | |
2015-09-28 | ¥6.00 | semi annually | |
2015-03-27 | ¥7.00 | semi annually | |
2014-09-26 | ¥3.00 | semi annually | |
2014-03-27 | ¥2.00 | semi annually |
Sanyo Special Steel Dividend per year
Sanyo Special Steel Dividend growth
Sanyo Special Steel Dividend Yield
Sanyo Special Steel current trailing twelve-month (TTM) dividend yield is 2.74%. Interested in purchasing Sanyo Special Steel stock? Use our calculator to estimate your expected dividend yield:
Sanyo Special Steel Financial Ratios
Sanyo Special Steel Dividend FAQ
Other factors to consider when evaluating Sanyo Special Steel 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: Sanyo Special Steel'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, Sanyo Special Steel 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, Sanyo Special Steel 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 Sanyo Special Steel 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: Sanyo Special Steel 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, Sanyo Special Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sanyo Special Steel 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 Sanyo Special Steel'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 Sanyo Special Steel'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.