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 0.34%
• THK's payout ratio for the trailing twelve months (TTM) is 41.55%
• THK's dividend growth over the last five years (2018-2023) was -7.10% year
• THK's dividend growth over the last ten years (2013-2023) was 59.64% year
THK Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-28 | $0.04 | semi annually | 2024-04-02 |
| 2023-06-29 | $0.07 | semi annually | 2023-09-27 |
| 2022-12-29 | $0.13 | semi annually | 2023-04-04 |
| 2022-06-29 | $0.09 | semi annually | 2022-09-26 |
| 2021-12-29 | $0.12 | semi annually | 2022-04-06 |
| 2021-06-28 | $0.07 | semi annually | 2021-09-21 |
| 2020-12-29 | $0.00 | semi annually | 2021-04-06 |
| 2020-06-26 | $0.00 | semi annually | 2020-09-22 |
| 2019-12-27 | $0.00 | semi annually | 2020-04-07 |
| 2019-06-27 | $0.00 | semi annually | 2019-09-24 |
| 2018-12-26 | $0.00 | semi annually | 2019-04-02 |
| 2018-06-27 | $0.16 | semi annually | 2018-09-25 |
| 2017-12-27 | $0.00 | semi annually | 2018-04-03 |
| 2017-09-27 | $0.00 | semi annually | 2017-12-20 |
| 2017-03-28 | $0.00 | semi annually | 2017-03-28 |
| 2016-09-27 | $0.00 | semi annually | |
| 2016-03-28 | $0.00 | semi annually | |
| 2015-09-25 | $0.00 | semi annually | |
| 2015-03-26 | $0.00 | semi annually | |
| 2014-09-26 | $0.00 | semi annually | |
| 2014-03-26 | $0.00 | semi annually | |
| 2013-09-25 | $0.00 | semi annually | |
| 2013-03-26 | $0.00 | semi annually | |
| 2012-09-25 | $0.00 | semi annually | |
| 2012-03-27 | $0.00 | semi annually |
THK Dividend per year
THK Dividend growth
THK Dividend Yield
THK current trailing twelve-month (TTM) dividend yield is 0.34%. Interested in purchasing THK stock? Use our calculator to estimate your expected dividend yield:
THK Financial Ratios
P/E ratio16.21
PEG ratio0.01
P/B ratio0.55
ROE3.63%
Payout ratio41.55%
Current ratio4.51
Quick ratio3.34
Cash Ratio2.03
THK Dividend FAQ
How much is the next THK dividend?
THK's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next THK dividend. The next THK dividend will be released in June, or December.
When is THK dividend paid?
THK pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does THK pay?
The specific amount of THK dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find THK's dividend history.
Does THK stock pay dividends?
Yes, THK does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find THK's dividend history.
How much dividend does THK pay?
THK paid $0.0 in 2024, $0.112 in 2023, $0.229 in 2022, $0.187 in 2021, and $0.001 in 2020.
How often does THK pay dividends?
THK typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and December.
What is THK's dividend yield?
The current dividend yield for THK is 0.34%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate THK's exact dividend yield.
When does THK go ex dividend?
THK's ex-dividend date for the latest dividend was on 2023-12-28. THK typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next THK dividend paid?
THK pays dividends on a semi annually basis, typically around June, or December, but the exact dates can vary each year.
Will THK increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether THK will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is THK dividend per share?
THK paid $0.0 per share in 2024 and $0.112 per share in 2023. The amount of dividend per share that THK pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is THK a dividend aristocrat?
No, 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?
No, 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?
Yes, THK is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is THK a good dividend stock?
Whether THK is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. THK has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating THK 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.
Other factors to consider when evaluating THK 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.
Does THK pay dividends monthly?
THK typically pays dividends on a semi annually basis.
Does THK pay dividends quarterly?
THK currently pays dividends on a semi annually basis.
Has THK ever paid a dividend?
Yes, THK has a history of paying dividends to its shareholders. THK is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy THK dividend 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
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.
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.
When does THK pay dividends 2024?
THK pays dividends on a semi annually basis. 2024 dividend payments are in 2024-04-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will THK increase its dividend in 2024?
Decisions regarding THK dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date THK dividend overview you can look into the above table of dividend history.
How THK dividend works?
The THK dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how THK's dividend process works:
1. Determination of Dividend: THK'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, THK 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, THK 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 THK 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. Determination of Dividend: THK'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, THK 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, THK 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 THK 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.
How are THK dividends paid?
THK dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: THK 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, THK distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: THK 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.
1. Record Date: THK 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, THK distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: THK 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.
How many times does THK pay dividends?
THK typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does THK pay dividends?
The general pattern is that THK pays dividends around June, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is THK dividend safe?
The safety of THK's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of THK'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 THK'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.
To assess the safety of THK'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 THK'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.