Toho Zinc Co., Ltd. engages in the smelting and refining, mineral resources, electronic components and materials, environment and recycling, and building materials businesses in Japan. The company offers electrolytic zinc, die-casting zinc alloys, zinc powder, cadmium oxide, sulfuric acid, electrolytic lead, lead alloys, and electrolytic silver and bismuth. It also operates zinc and lead mines; and produces iron and amorphous powders, as well as Fe-Al-Si based powder core materials for use in automotive electronics, office automation equipment, and industrial equipment. In addition, the company provides MAIRON and ATOMIRON electrolytic irons; gold, silver, nickel, tin, and reflow tin electro plates; and machine parts, such as balancing weights, powdered metallurgy products, molds, etc. Further, it recycles zinc oxide from electric furnace dust and small rechargeable batteries; and offers SOFT CALM sound insulation materials. Additionally, the company provides X-ray protection and shielding lead-based building materials for use by housing manufacturers, and medical and industrial fields. Toho Zinc Co., Ltd. was incorporated in 1937 and is headquartered in Tokyo, Japan.
Toho Zinc Dividend Announcement
• Toho Zinc announced a annually dividend of ¥50.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• Toho Zinc annual dividend for 2024 was ¥50.00
• Toho Zinc annual dividend for 2023 was ¥75.00
• Toho Zinc's trailing twelve-month (TTM) dividend yield is 6.22%
• Toho Zinc's dividend growth over the last five years (2018-2023) was -9.71% year
• Toho Zinc's dividend growth over the last ten years (2013-2023) was 31.10% year
Toho Zinc Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | ¥50.00 | annually | |
2023-03-30 | ¥75.00 | annually | 2023-06-30 |
2022-03-30 | ¥75.00 | annually | 2022-06-30 |
2021-03-30 | ¥50.00 | annually | 2021-06-30 |
2020-03-30 | ¥50.00 | annually | |
2019-03-27 | ¥70.00 | annually | 2019-06-28 |
2018-03-28 | ¥125.00 | annually | 2018-06-29 |
2017-03-29 | ¥10.00 | annually | 2017-06-30 |
2016-03-29 | ¥5.00 | annually | |
2015-03-27 | ¥7.00 | annually | |
2014-03-27 | ¥5.00 | annually | |
2013-03-27 | ¥5.00 | annually |
Toho Zinc Dividend per year
Toho Zinc Dividend growth
Toho Zinc Dividend Yield
Toho Zinc current trailing twelve-month (TTM) dividend yield is 6.22%. Interested in purchasing Toho Zinc stock? Use our calculator to estimate your expected dividend yield:
Toho Zinc Financial Ratios
Toho Zinc Dividend FAQ
Other factors to consider when evaluating Toho Zinc 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: Toho Zinc'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, Toho Zinc 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, Toho Zinc 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 Toho Zinc 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: Toho Zinc 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, Toho Zinc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Toho Zinc 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 Toho Zinc'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 Toho Zinc'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.