Toabo Corporation manufactures and sells textiles in Japan and internationally. It offers fabrics, suits, uniforms, and wool products. The company is also involved in the manufacture of fine chemicals used in electronic materials and healthcare-related fields; electronic products for use in the field of power tools, vacuum cleaners, home appliances, industrial equipment, and OA equipment; and automotive interior, wastewater treatment, civil engineering, and greening materials. In addition, it leases offices, commercial complexes, and factory sites, as well as engages in driving school businesses. Toabo Corporation was founded in 1922 and is headquartered in Osaka, Japan.
Toabo Dividend Announcement
• Toabo announced a annually dividend of ¥13.00 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
• Toabo annual dividend for 2024 was ¥13.00
• Toabo annual dividend for 2023 was ¥12.00
• Toabo's trailing twelve-month (TTM) dividend yield is 2.89%
• Toabo's dividend growth over the last five years (2018-2023) was -9.71% year
• Toabo's dividend growth over the last ten years (2013-2023) was 19.62% year
Toabo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ¥13.00 | annually | 2025-03-01 |
2023-12-28 | ¥12.00 | annually | 2024-03-29 |
2022-12-29 | ¥11.00 | annually | 2023-03-31 |
2021-12-29 | ¥5.00 | annually | 2022-03-31 |
2020-12-29 | ¥10.00 | annually | 2021-03-31 |
2019-12-27 | ¥20.00 | annually | 2020-03-30 |
2018-12-26 | ¥20.00 | annually | 2019-03-29 |
2017-12-27 | ¥20.00 | annually | 2018-03-30 |
2016-12-28 | ¥20.00 | annually | |
2015-12-28 | ¥20.00 | annually | |
2014-12-26 | ¥2.00 | annually | |
2013-12-26 | ¥2.00 | annually |
Toabo Dividend per year
Toabo Dividend growth
Toabo Dividend Yield
Toabo current trailing twelve-month (TTM) dividend yield is 2.89%. Interested in purchasing Toabo stock? Use our calculator to estimate your expected dividend yield:
Toabo Financial Ratios
Toabo Dividend FAQ
Other factors to consider when evaluating Toabo 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: Toabo'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, Toabo 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, Toabo 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 Toabo 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: Toabo 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, Toabo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Toabo 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 Toabo'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 Toabo'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.