Showa Denko K.K. operates as a chemical company in Japan and internationally. It operates through seven segments: Petrochemicals, Chemicals, Electronics, Inorganics, Aluminum, Showa Denko Materials, and Others. The Petrochemicals segment offers olefins, including ethylene and propylene; organic chemicals, such as vinyl and ethyl acetate, and allyl alcohol; and polypropylene. The Chemicals segment offers functional chemicals, which include polymer emulsion and unsaturated polyester resins; industrial gases, including liquefied carbon dioxide, dry ice, oxygen, nitrogen, and hydrogen; basic chemicals, such as liquefied ammonia, acrylonitrile, and chloroprene rubber; electronic chemicals; and coating materials. The Inorganics segment offers graphite electrodes and ceramics, such as alumina and abrasives. The Aluminum segment offers rolled products, which include high-purity foils for capacitors; specialty components, such as cylinders for laser beam printers, extrusions, forged products, and heat exchangers; and beverage cans. The Electronics segment provides hard disks (HDs), SiC epitaxial wafers for power devices, compound semiconductors (LED chips), and lithium-ion battery (LIB) materials. The Showa Denko Materials segment offers electronics materials, including epoxy molding compounds, die bonding materials, CMP slurries, and anisotropic conductive films; printed wiring boards materials, which include copper-clad laminates and photosensitive dry films; mobility components comprising plastic molded products, friction materials, powder metal products, and carbon anode materials for LIB; energy storage devices and systems, including automotive and industrial batteries; diagnostics and regenerative medicine products, as well as engages in the contracted manufacturing activities. The Others segment is involved in the provision of building materials and general trading business. Showa Denko K.K. was founded in 1939 and is headquartered in Tokyo, Japan.
Showa Denko Dividend Announcement
• Showa Denko announced a annually dividend of $0.46 per ordinary share which will be made payable on 2024-03-01. Ex dividend date: 2023-12-28
• Showa Denko annual dividend for 2023 was $0.46
• Showa Denko's trailing twelve-month (TTM) dividend yield is 0.01%
• Showa Denko's dividend growth over the last five years (2018-2023) was 116.12% year
Showa Denko Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-28 | $0.46 | annually | 2024-03-01 |
2022-12-29 | $0.00 | annually | 2023-04-14 |
2021-12-29 | $0.00 | annually | 2022-04-14 |
2020-12-29 | $0.01 | annually | 2021-04-15 |
2019-12-27 | $0.01 | annually | 2020-04-10 |
2019-06-27 | $0.00 | annually | 2019-09-24 |
2018-12-27 | $0.01 | annually | 2019-04-15 |
2018-06-28 | $0.00 | annually | 2018-09-26 |
2017-12-28 | $0.00 | annually | 2018-04-16 |
2017-05-08 | $0.00 | annually | 2017-06-28 |
2015-12-28 | $0.00 | annually | |
2014-12-26 | $0.00 | annually | |
2013-04-12 | $0.00 | annually | |
2012-04-12 | $0.00 | annually | |
2011-12-28 | $0.00 | annually |
Showa Denko Dividend per year
Showa Denko Dividend growth
Showa Denko Dividend Yield
Showa Denko current trailing twelve-month (TTM) dividend yield is 0.01%. Interested in purchasing Showa Denko stock? Use our calculator to estimate your expected dividend yield:
Showa Denko Financial Ratios
Showa Denko Dividend FAQ
Other factors to consider when evaluating Showa Denko 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: Showa Denko'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, Showa Denko 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, Showa Denko 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 Showa Denko 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: Showa Denko 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, Showa Denko distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Showa Denko 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 Showa Denko'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 Showa Denko'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.