TORQ Inc. engages in the import, export, and sale of rivets and fastening products in Japan. It offers a range of screw products, including small screws and high-tension bolts, inserts, spacers, PC nuts, coupler washers, flange hardware, connecting plates, and lifting jigs, as well as hardware for manholes; construction and civil engineering, and building related products, such as material handling and transportation, civil engineering and construction, and hydraulic equipment, as well as welding/fusing instruments, work/measuring tools, safety and disaster prevention goods, air electric tools, plumbing fixtures, and cutting and grinding tools; machine and industrial screws, and fasteners; and stainless steel and special steel products, such as brass, copper, titanium, and hastelloy. The company was formerly known as Kobayashi Metals Limited and changed its name to TORQ Inc. in April 2020. TORQ Inc. was founded in 1926 and is headquartered in Osaka, Japan.
TORQ Dividend Announcement
• TORQ announced a semi annually dividend of ¥3.00 per ordinary share which will be made payable on 2025-01-01. Ex dividend date: 2024-10-30
• TORQ annual dividend for 2024 was ¥6.00
• TORQ annual dividend for 2023 was ¥6.00
• TORQ's trailing twelve-month (TTM) dividend yield is 2.86%
• TORQ's dividend growth over the last ten years (2013-2023) was 0.87% year
TORQ Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-30 | ¥3.00 | semi annually | 2025-01-01 |
2024-04-26 | ¥3.00 | semi annually | 2024-07-16 |
2023-10-30 | ¥3.00 | semi annually | 2024-01-31 |
2023-04-27 | ¥3.00 | semi annually | 2023-07-14 |
2022-10-28 | ¥3.00 | semi annually | 2023-01-30 |
2022-04-27 | ¥3.00 | semi annually | 2022-07-14 |
2021-10-28 | ¥3.00 | semi annually | 2022-01-26 |
2021-04-28 | ¥3.00 | semi annually | 2021-07-14 |
2020-10-29 | ¥3.00 | semi annually | 2021-01-29 |
2020-04-28 | ¥3.00 | semi annually | 2020-07-14 |
2019-10-30 | ¥3.00 | semi annually | 2020-01-31 |
2019-04-24 | ¥3.00 | semi annually | 2019-07-16 |
2018-10-29 | ¥3.00 | semi annually | 2019-01-31 |
2018-04-25 | ¥3.00 | semi annually | 2018-07-13 |
2017-10-27 | ¥3.00 | semi annually | 2018-01-31 |
2017-04-26 | ¥3.00 | semi annually | 2017-07-13 |
2016-10-27 | ¥3.00 | semi annually | |
2016-04-26 | ¥3.00 | semi annually | |
2015-10-28 | ¥3.00 | semi annually | |
2015-04-27 | ¥3.00 | semi annually | |
2014-10-29 | ¥3.00 | semi annually | |
2014-04-25 | ¥3.00 | semi annually | |
2013-10-29 | ¥3.00 | semi annually | |
2013-04-25 | ¥2.50 | semi annually |
TORQ Dividend per year
TORQ Dividend growth
TORQ Dividend Yield
TORQ current trailing twelve-month (TTM) dividend yield is 2.86%. Interested in purchasing TORQ stock? Use our calculator to estimate your expected dividend yield:
TORQ Financial Ratios
TORQ Dividend FAQ
Other factors to consider when evaluating TORQ 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: TORQ'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, TORQ 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, TORQ 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 TORQ 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: TORQ 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, TORQ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TORQ 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 TORQ'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 TORQ'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.