Seiko Electric Co., Ltd. primarily operates in the fields of power system, and environmental energy and control system in Japan. It offers supervision and control systems, digitalization control systems, and electric power equipment; water treatment monitoring control systems and water quality monitoring equipment; control and automated systems in industries, such as steel, fertilizer, incineration, plaster board, and stone crushing; home use power storage systems; and cloud services in the fields of finance, education, harbors, manufacturing, and distribution. In addition, it offers control equipment, including cam switches and terminal blocks; electronic equipment comprising earth leakage relays; and functional liquid crystal films for optical shutters. It serves central and various government offices; electric, gas, and environment plant companies; iron, steel, nonferrous metal, and construction companies; automobile, ship building, and electrical machinery plants; science, chemical, food products, and paper manufacturing companies; and construction companies. The company was formerly known as Seiko Shokai and changed its name to Seiko Electric Co., Ltd. in 1960. Seiko Electric Co., Ltd. was founded in 1921 and is headquartered in Fukuoka, Japan.
Seiko Electric Dividend Announcement
• Seiko Electric announced a semi annually dividend of ¥20.00 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
• Seiko Electric annual dividend for 2024 was ¥40.00
• Seiko Electric annual dividend for 2023 was ¥35.00
• Seiko Electric's trailing twelve-month (TTM) dividend yield is 3.01%
• Seiko Electric's dividend growth over the last five years (2018-2023) was 34.34% year
Seiko Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ¥20.00 | semi annually | 2025-03-01 |
2024-06-27 | ¥20.00 | semi annually | 2024-08-30 |
2023-12-28 | ¥17.50 | semi annually | 2024-03-12 |
2023-06-29 | ¥17.50 | semi annually | 2023-08-25 |
2022-12-29 | ¥15.00 | semi annually | 2023-03-14 |
2022-06-29 | ¥15.00 | semi annually | 2022-08-29 |
2021-12-29 | ¥5.00 | semi annually | 2022-03-14 |
2021-06-29 | ¥10.00 | semi annually | 2021-08-30 |
2020-12-29 | ¥10.00 | semi annually | 2021-03-15 |
2020-06-29 | ¥10.00 | semi annually | 2020-08-31 |
2019-12-27 | ¥10.00 | semi annually | 2020-03-12 |
2019-06-26 | ¥10.00 | semi annually | 2019-08-23 |
2018-12-26 | ¥2.00 | semi annually | 2019-03-12 |
2018-06-27 | ¥6.00 | semi annually | 2018-08-24 |
2017-12-27 | ¥2.00 | semi annually | 2018-03-13 |
Seiko Electric Dividend per year
Seiko Electric Dividend growth
Seiko Electric Dividend Yield
Seiko Electric current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing Seiko Electric stock? Use our calculator to estimate your expected dividend yield:
Seiko Electric Financial Ratios
Seiko Electric Dividend FAQ
Other factors to consider when evaluating Seiko Electric 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: Seiko Electric'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, Seiko Electric 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, Seiko Electric 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 Seiko Electric 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: Seiko Electric 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, Seiko Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Seiko Electric 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 Seiko Electric'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 Seiko Electric'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.