Tsugami Corporation, together with its subsidiaries, manufactures and sells precision machine tools in Japan. The company offers CNC precision automatic lathes, including independent opposed gang tool type, opposed gang tool type, gang-tool slede and turret, and chuck work products; and CNC lathes. It also offers precision turning center products; precision machining center products comprising vertical and horizontal machining centers; precision grinding machines, such as CNC cylindrical grinding machines; and rolling machines. In addition, the company installs and repairs machine tools; inspects and maintains buildings and facilities of factories; and operates as a non-life insurance agency, as well as undertakes various business activities, such as research on individual companies and other services. It also operates in China, Thailand, South Korea, Singapore, the Philippines, India, the United States, Switzerland, Germany, France, Italy, and Mexico. The company serves various industries, including electronics, information and telecommunications, and automobile industries. The company was formerly known as Tsugami Mfg., Co., Ltd. and changed its name to Tsugami Corporation in November 1970. Tsugami Corporation was founded in 1937 and is headquartered in Tokyo, Japan.
Tsugami Dividend Announcement
• Tsugami announced a semi annually dividend of ¥27.00 per ordinary share which will be made payable on 2025-05-01. Ex dividend date: 2025-03-28
• Tsugami's trailing twelve-month (TTM) dividend yield is 3.46%
• Tsugami's payout ratio for the trailing twelve months (TTM) is 33.87%
Tsugami Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥27.00 | semi annually | 2025-05-01 |
2024-09-27 | ¥24.00 | semi annually | 2024-11-29 |
2024-03-28 | ¥24.00 | semi annually | 2024-05-28 |
2023-09-28 | ¥24.00 | semi annually | 2023-11-30 |
2023-03-30 | ¥24.00 | semi annually | 2023-05-30 |
2022-09-29 | ¥22.00 | semi annually | 2022-11-30 |
2022-03-30 | ¥18.00 | semi annually | 2022-05-30 |
2021-09-29 | ¥18.00 | semi annually | 2021-11-30 |
2021-03-30 | ¥12.00 | semi annually | 2021-05-28 |
2020-09-29 | ¥12.00 | semi annually | 2020-11-30 |
2020-03-30 | ¥12.00 | semi annually | 2020-06-02 |
2019-09-27 | ¥12.00 | semi annually | 2019-11-29 |
2019-03-27 | ¥12.00 | semi annually | 2019-05-28 |
2018-09-26 | ¥9.00 | semi annually | 2018-11-30 |
2018-03-28 | ¥9.00 | semi annually | 2018-05-28 |
2017-09-27 | ¥9.00 | semi annually | 2017-11-30 |
2017-03-29 | ¥8.00 | semi annually | 2017-05-29 |
2016-09-28 | ¥8.00 | semi annually | |
2016-03-29 | ¥8.00 | semi annually | |
2015-09-28 | ¥8.00 | semi annually | |
2015-03-27 | ¥8.00 | semi annually | |
2014-09-26 | ¥6.00 | semi annually | |
2014-03-27 | ¥6.00 | semi annually |
Tsugami Dividend per year
Tsugami Dividend growth
Tsugami Dividend Yield
Tsugami current trailing twelve-month (TTM) dividend yield is 3.46%. Interested in purchasing Tsugami stock? Use our calculator to estimate your expected dividend yield:
Tsugami Financial Ratios
Tsugami Dividend FAQ
Other factors to consider when evaluating Tsugami 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: Tsugami'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, Tsugami 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, Tsugami 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 Tsugami 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: Tsugami 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, Tsugami distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tsugami 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 Tsugami'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 Tsugami'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.