Tokyo Rope Mfg. Co., Ltd. manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally. It offers its wire ropes that are used in cranes, elevators, forestry and fisheries, rope slings, and cableways; galvanized wires and strands for use in electric power and communication fields; and steel cords, including steel tire cords that are used in steel radial tires, hose wires to reinforce high pressure hose, and saw wires to produce wafers and chips. The company also provides engineering, bridge and structural cable, and CFCC, as well as aluminum conductor fiber reinforced products. In addition, it designs and constructs road safety devices, such as rock fall prevention nets; and environment protection products, including sound insulation walls, and bridges and cable-suspended bridges, as well as manufactures and sells various industrial machinery and metal fibers. The company was founded in 1887 and is headquartered in Tokyo, Japan.
Tokyo Rope Dividend Announcement
• Tokyo Rope announced a annually dividend of ¥60.00 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Tokyo Rope's trailing twelve-month (TTM) dividend yield is 3.16%
Tokyo Rope Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥60.00 | annually | 2025-06-01 |
2024-03-28 | ¥40.00 | annually | 2024-06-12 |
2023-03-30 | ¥35.00 | annually | 2023-06-12 |
2022-03-30 | ¥20.00 | annually | 2022-06-13 |
2020-03-30 | ¥40.00 | annually | |
2019-03-27 | ¥40.00 | annually | 2019-06-10 |
2018-03-28 | ¥40.00 | annually | 2018-06-06 |
2017-03-29 | ¥40.00 | annually | 2017-06-07 |
2016-03-29 | ¥4.00 | annually | |
2012-03-28 | ¥2.50 | annually | |
2011-03-29 | ¥2.50 | annually | |
2010-03-29 | ¥2.50 | annually |
Tokyo Rope Dividend per year
Tokyo Rope Dividend growth
Tokyo Rope Dividend Yield
Tokyo Rope current trailing twelve-month (TTM) dividend yield is 3.16%. Interested in purchasing Tokyo Rope stock? Use our calculator to estimate your expected dividend yield:
Tokyo Rope Financial Ratios
Tokyo Rope Dividend FAQ
Other factors to consider when evaluating Tokyo Rope 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: Tokyo Rope'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, Tokyo Rope 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, Tokyo Rope 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 Tokyo Rope 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: Tokyo Rope 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, Tokyo Rope distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tokyo Rope 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 Tokyo Rope'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 Tokyo Rope'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.