Union Tool Co. produces and sells cutting tools, linear motion products, and metal machining equipment in Japan and internationally. It offers printed circuit board (PCB) drills/routers; PCB tools-related equipment, such as MDP drill pointers, ring setting machines, non-contact drill diameter/measuring machines, and spindle run out measuring machines; carbide end mills; measuring instruments; rolling dies, forging tools, and coating rods; sensor products, including medical portable electrocardiograph, wearable heart rate sensors, analysis tools, and watching products. The company was formerly known as Union Chemical Research Co., Ltd. and changed its name to Union Tool Co. in 1971. Union Tool Co. was founded in 1955 and is headquartered in Tokyo, Japan.
Union Tool Dividend Announcement
• Union Tool announced a semi annually dividend of ¥45.00 per ordinary share which will be made payable on 2025-03-01. Ex dividend date: 2024-12-27
• Union Tool annual dividend for 2024 was ¥90.00
• Union Tool annual dividend for 2023 was ¥84.00
• Union Tool's trailing twelve-month (TTM) dividend yield is 1.77%
• Union Tool's dividend growth over the last five years (2018-2023) was 6.96% year
• Union Tool's dividend growth over the last ten years (2013-2023) was 10.13% year
Union Tool Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ¥45.00 | semi annually | 2025-03-01 |
2024-06-27 | ¥45.00 | semi annually | 2024-09-05 |
2023-12-28 | ¥42.00 | semi annually | 2024-03-29 |
2023-06-29 | ¥42.00 | semi annually | 2023-09-05 |
2022-12-29 | ¥42.00 | semi annually | 2023-03-31 |
2022-06-29 | ¥40.00 | semi annually | 2022-09-06 |
2021-12-29 | ¥38.00 | semi annually | 2022-03-31 |
2021-06-29 | ¥37.00 | semi annually | 2021-09-06 |
2020-12-29 | ¥10.00 | semi annually | 2021-03-31 |
2020-06-29 | ¥30.00 | semi annually | 2020-09-07 |
2019-12-27 | ¥30.00 | semi annually | 2020-03-30 |
2019-06-26 | ¥30.00 | semi annually | 2019-09-02 |
2018-12-26 | ¥30.00 | semi annually | 2019-03-29 |
2018-06-27 | ¥30.00 | semi annually | 2018-09-03 |
2017-12-27 | ¥30.00 | semi annually | 2018-03-29 |
2017-06-28 | ¥26.00 | semi annually | 2017-09-04 |
2016-12-28 | ¥25.00 | semi annually | |
2016-06-28 | ¥25.00 | semi annually | |
2015-12-28 | ¥10.00 | semi annually | |
2015-05-27 | ¥22.00 | semi annually | |
2014-11-26 | ¥19.00 | semi annually | |
2014-05-28 | ¥17.00 | semi annually | |
2013-11-27 | ¥16.00 | semi annually | |
2013-05-29 | ¥16.00 | semi annually |
Union Tool Dividend per year
Union Tool Dividend growth
Union Tool Dividend Yield
Union Tool current trailing twelve-month (TTM) dividend yield is 1.77%. Interested in purchasing Union Tool stock? Use our calculator to estimate your expected dividend yield:
Union Tool Financial Ratios
Union Tool Dividend FAQ
Other factors to consider when evaluating Union Tool 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: Union Tool'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, Union Tool 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, Union Tool 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 Union Tool 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: Union Tool 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, Union Tool distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Union Tool 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 Union Tool'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 Union Tool'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.