Trusco Nakayama Corporation operates as a specialized trading company in Japan and internationally. The company engages in the wholesale of machine tools, distribution equipment, environmental safety equipment, and other equipment; and metal products, as well as planning and development of the products under the Trusco brand name. It sells its products to dealers of machine tools, welding consumables, electrical materials, architectural hardware, and tubing materials, as well as do-it-yourself stores, home centers, and other customers. The company was formerly known as Nakayama Kiko Co., Ltd. and changed its name to Trusco Nakayama Corporation in 1994. Trusco Nakayama Corporation was founded in 1959 and is headquartered in Tokyo, Japan.
Trusco Nakayama Dividend Announcement
• Trusco Nakayama announced a semi annually dividend of ¥24.00 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
• Trusco Nakayama annual dividend for 2024 was ¥50.00
• Trusco Nakayama annual dividend for 2023 was ¥46.50
• Trusco Nakayama's trailing twelve-month (TTM) dividend yield is 2.31%
• Trusco Nakayama's dividend growth over the last five years (2018-2023) was 4.68% year
• Trusco Nakayama's dividend growth over the last ten years (2013-2023) was 1.77% year
Trusco Nakayama Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ¥24.00 | semi annually | 2025-03-01 |
2024-06-27 | ¥26.00 | semi annually | 2024-08-30 |
2023-12-28 | ¥23.50 | semi annually | 2024-03-05 |
2023-06-29 | ¥23.00 | semi annually | 2023-08-31 |
2022-12-29 | ¥21.50 | semi annually | 2023-03-03 |
2022-06-29 | ¥18.00 | semi annually | 2022-08-29 |
2021-12-29 | ¥16.50 | semi annually | 2022-03-03 |
2021-06-29 | ¥20.00 | semi annually | 2021-08-23 |
2020-12-29 | ¥14.00 | semi annually | 2021-03-03 |
2020-06-29 | ¥16.50 | semi annually | 2020-08-24 |
2019-12-27 | ¥18.00 | semi annually | 2020-02-26 |
2019-06-26 | ¥18.50 | semi annually | 2019-08-20 |
2018-12-26 | ¥18.50 | semi annually | 2019-02-20 |
2018-06-27 | ¥18.50 | semi annually | 2018-08-20 |
2017-12-27 | ¥19.50 | semi annually | 2018-02-21 |
2017-06-28 | ¥19.50 | semi annually | 2017-08-21 |
2016-12-28 | ¥39.00 | semi annually | |
2016-06-28 | ¥37.00 | semi annually | |
2015-12-28 | ¥31.50 | semi annually | |
2015-06-26 | ¥31.00 | semi annually | |
2014-12-26 | ¥16.50 | semi annually | |
2014-09-26 | ¥25.50 | semi annually | |
2014-03-27 | ¥27.00 | semi annually | |
2013-09-26 | ¥18.50 | semi annually | |
2013-03-27 | ¥20.50 | semi annually |
Trusco Nakayama Dividend per year
Trusco Nakayama Dividend growth
Trusco Nakayama Dividend Yield
Trusco Nakayama current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing Trusco Nakayama stock? Use our calculator to estimate your expected dividend yield:
Trusco Nakayama Financial Ratios
Trusco Nakayama Dividend FAQ
Other factors to consider when evaluating Trusco Nakayama 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: Trusco Nakayama'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, Trusco Nakayama 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, Trusco Nakayama 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 Trusco Nakayama 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: Trusco Nakayama 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, Trusco Nakayama distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trusco Nakayama 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 Trusco Nakayama'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 Trusco Nakayama'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.