TYK Corporation engages in the development, production, and sale of refractory bricks primarily for use in steel making worldwide. It also offers fine ceramics, including metal matrix composites; and porcelain products and construction materials for aesthetic purposes. In addition, the company provides refractory products for converters, secondary refining, gas blowing, flow control system, pig iron making, continuous casting, cement and lime kiln, incineration and industrial furnace, and refactory engineering. Further, the company offers bricks for pig iron ladles, precast blocks, lance pipes, tuyere sleeves for blast furnace, and auxiliary machinery and equipment; and advanced materials, such as fine ceramics, abrasion-resistant materials, composite material, ceramic sensors, carbon sheets, brake material, and ceramic filter. Additionally, it provides analytical testing and engine test bench services. TYK Corporation was founded in 1947 and is headquartered in Minato, Japan.
TYK Dividend Announcement
• TYK announced a semi annually dividend of ¥8.80 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• TYK's trailing twelve-month (TTM) dividend yield is 4.02%
TYK Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥8.80 | semi annually | 2025-06-01 |
2024-09-27 | ¥8.50 | semi annually | 2024-12-16 |
2024-03-28 | ¥8.20 | semi annually | 2024-06-28 |
2023-09-28 | ¥8.00 | semi annually | 2023-12-15 |
2023-03-30 | ¥6.00 | semi annually | 2023-06-30 |
2022-09-29 | ¥6.00 | semi annually | 2022-12-15 |
2022-03-30 | ¥4.00 | semi annually | 2022-06-30 |
2021-09-29 | ¥4.00 | semi annually | 2021-12-15 |
2021-03-30 | ¥2.50 | semi annually | 2021-06-30 |
2020-09-29 | ¥2.00 | semi annually | 2020-12-15 |
2020-03-30 | ¥3.00 | semi annually | 2020-06-29 |
2019-09-27 | ¥3.00 | semi annually | 2019-12-16 |
2019-03-27 | ¥4.00 | semi annually | 2019-06-28 |
2018-09-26 | ¥5.00 | semi annually | 2018-12-17 |
2018-03-28 | ¥5.00 | semi annually | 2018-06-29 |
2017-09-27 | ¥3.00 | semi annually | 2017-12-21 |
2017-03-29 | ¥2.00 | semi annually | 2017-06-30 |
2016-09-28 | ¥1.00 | semi annually | |
2016-03-29 | ¥1.00 | semi annually | |
2015-09-28 | ¥1.00 | semi annually | |
2015-03-27 | ¥1.00 | semi annually | |
2014-09-26 | ¥1.00 | semi annually | |
2014-03-27 | ¥1.00 | semi annually |
TYK Dividend per year
TYK Dividend growth
TYK Dividend Yield
TYK current trailing twelve-month (TTM) dividend yield is 4.02%. Interested in purchasing TYK stock? Use our calculator to estimate your expected dividend yield:
TYK Financial Ratios
TYK Dividend FAQ
Other factors to consider when evaluating TYK 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: TYK'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, TYK 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, TYK 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 TYK 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: TYK 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, TYK distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TYK 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 TYK'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 TYK'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.