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THK Co., Ltd. manufactures and supplies machine components in Japan, the Americas, Europe, China, and internationally. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings and tables, electric actuators and linear motor actuators, cam followers, roller followers, linear bushes, slide packs, slide rails, cross roller guides, linear ball slides, LM and flat rollers, spline nuts, LM strokes, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products. Its products are used in various applications, including machine tools, general industrial machinery, precision instruments, semiconductor and LCD manufacturing equipment, industrial robots, electronic devices, and transport systems, as well as in construction, aerospace, medical and assistive, and other manufacturing industries. The company was incorporated in 1946 and is headquartered in Tokyo, Japan.

THK Dividend Announcement

• THK announced a semi annually dividend of $0.04 per ordinary share which will be made payable on 2024-04-02. Ex dividend date: 2023-12-28
• THK annual dividend for 2023 was $0.11
• THK's trailing twelve-month (TTM) dividend yield is 0.48%
• THK's payout ratio for the trailing twelve months (TTM) is 41.55%

THK Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-28$0.04semi annually2024-04-02
2023-06-29$0.07semi annually2023-09-27
2022-12-29$0.13semi annually2023-04-04
2022-06-29$0.09semi annually2022-09-26

THK Dividend per year

THK Dividend Yield

THK current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing THK stock? Use our calculator to estimate your expected dividend yield:

THK Financial Ratios

P/E ratio11.50
PEG ratio-0.01
P/B ratio0.39
ROE3.63%
Payout ratio41.55%
Current ratio4.51
Quick ratio3.34
Cash Ratio2.03

THK Dividend FAQ

Does THK stock pay dividends?
THK does not currently pay dividends to its shareholders.
Has THK ever paid a dividend?
No, THK has no a history of paying dividends to its shareholders. THK is not known for its dividend payments.
Why doesn't THK pay dividends?
There are several potential reasons why THK would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will THK ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While THK has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is THK a dividend aristocrat?
THK is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is THK a dividend king?
THK is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is THK a dividend stock?
No, THK is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy THK stocks?
To buy THK you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy THK stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.