Toyo Kanetsu K.K. engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally. The company's Plant & Machinery Business segment designs, builds, and executes construction works of storage tanks for LNG, LPG, crude oil and other gases and liquids; and provides maintenance services and other operations for the tanks. Its Logistics Solutions Business segment develops, designs, builds, and executes construction works of material handling systems for sorting, picking, and conveying systems, as well as offers maintenance services and other operations. In addition, the company is involved in the building construction business; manufacture and sale of industrial facilities and equipment; real estate rental; leasing operations; and inspection, measurement, analysis of asbestos, etc. The company was formerly known as Toyo Kanetsu Kogyo K.K. and changed its name to Toyo Kanetsu K.K. in 1969. Toyo Kanetsu K.K. was incorporated in 1941 and is headquartered in Tokyo, Japan.
Toyo Kanetsu Dividend Announcement
• Toyo Kanetsu announced a semi annually dividend of ¥0.00 per ordinary share which will be made payable on . Ex dividend date: 2025-03-28
• Toyo Kanetsu's trailing twelve-month (TTM) dividend yield is 6.38%
Toyo Kanetsu Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥0.00 | semi annually | |
2024-09-27 | ¥50.00 | semi annually | 2024-12-01 |
2024-03-28 | ¥229.00 | semi annually | |
2023-03-30 | ¥147.00 | semi annually | |
2022-03-30 | ¥145.00 | semi annually | |
2021-03-30 | ¥5.00 | semi annually | |
2020-03-30 | ¥100.00 | semi annually | |
2019-03-27 | ¥100.00 | semi annually | |
2018-03-28 | ¥100.00 | semi annually | |
2017-03-29 | ¥2.00 | semi annually | |
2016-03-29 | ¥5.00 | semi annually | |
2015-03-27 | ¥4.00 | semi annually | |
2014-03-27 | ¥1.00 | semi annually |
Toyo Kanetsu Dividend per year
Toyo Kanetsu Dividend growth
Toyo Kanetsu Dividend Yield
Toyo Kanetsu current trailing twelve-month (TTM) dividend yield is 6.38%. Interested in purchasing Toyo Kanetsu stock? Use our calculator to estimate your expected dividend yield:
Toyo Kanetsu Financial Ratios
Toyo Kanetsu Dividend FAQ
Other factors to consider when evaluating Toyo Kanetsu 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.
Place an order: Use the brokerage's trading platform to place an order to buy Toyo Kanetsu 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.
1. Determination of Dividend: Toyo Kanetsu'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, Toyo Kanetsu 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, Toyo Kanetsu 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 Toyo Kanetsu 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: Toyo Kanetsu 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, Toyo Kanetsu distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Toyo Kanetsu 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 Toyo Kanetsu'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 Toyo Kanetsu'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.