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Daido Steel Co - Stock

Daido Steel Co Dividend 2024

Daido Steel Co Dividend

47 JPY

Daido Steel Co Dividend yield

3.2 %

Ticker

5471.T

ISIN

JP3491000000

WKN

864104

How much dividend does Daido Steel Co 2024 pay?

According to the latest status from June 2024, Daido Steel Co paid a total of 47 JPY per share in dividends within the last 12 months. With the current Daido Steel Co price of 1,471 JPY, this corresponds to a dividend yield of 3.2 %. A dividend is paid times per year.

3.2 % Dividend Yield=
47 JPY Dividend
1,471 JPY Stock Price

Historical Daido Steel Co Dividends

A dividend is paid times per year. Last year, the payout months were April and October.

PaydateDividend
4/28/202526
10/27/202421
4/28/202426
10/28/2023100
4/30/2023130
10/29/2022100
4/30/2022100
10/29/202180
4/30/202125
10/29/202010
4/30/202015
10/27/201955
4/27/201965
10/26/201865
4/28/201860
10/27/201760
4/29/20174
10/28/20164
4/29/20162.5
10/28/20155
1
2
3
4

Daido Steel Co Stock Dividend

In 2023, Daido Steel Co paid a dividend amounting to 230 JPY. Dividend means that Daido Steel Co distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Daido Steel Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Daido Steel Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Daido Steel Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Daido Steel Co Dividend History

DateDaido Steel Co Dividend
2027e41.11 undefined
2026e41.42 undefined
2025e42.25 undefined
202447 undefined
2023230 undefined
2022200 undefined
2021105 undefined
202025 undefined
2019120 undefined
2018125 undefined
201768 undefined
201665 undefined
201585 undefined
201455 undefined
201340 undefined
201270 undefined
201175 undefined
201050 undefined
200920 undefined
200880 undefined
200780 undefined
200650 undefined
200536 undefined

Is the Daido Steel Co Dividend Safe?

Daido Steel Co has been increasing the dividend for 3 years.

Over the past 10 years, Daido Steel Co has increased it by an annual -1.56 %.

Over a five-year period, the distribution increased by -17.095%.

Analysts expect a Dividend Cut of -5.185% for the current fiscal year.

Daido Steel Co Stock Payout Ratio

In 2023, Daido Steel Co had a payout ratio of 221.25%. The payout ratio indicates the percentage of the company's profits that Daido Steel Co distributes as dividends.

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Payout ratio
Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Daido Steel Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Daido Steel Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Daido Steel Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Daido Steel Co Payout Ratio History

DateDaido Steel Co Payout ratio
2027e253.74 %
2026e245.62 %
2025e223.84 %
2024291.77 %
2023221.25 %
2022158.5 %
2021495.55 %
20209.7 %
201924.15 %
201822.28 %
201717.62 %
201641.61 %
201533.86 %
201418.75 %
201315.66 %
201213.25 %
201114.02 %
2010-14.71 %
2009-10.56 %
200824.23 %
200717.59 %
200610.28 %
200513.87 %

Dividend Details

Understanding Daido Steel Co's Dividend Distributions

Daido Steel Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Daido Steel Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Daido Steel Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Daido Steel Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Daido Steel Co Aktienanalyse

What does Daido Steel Co do?

The company Daido Steel Co Ltd is a Japanese company that is one of the largest manufacturers of specialty steel worldwide. Founded in 1916, Daido Steel has always specialized in producing high-quality steels. However, the history dates back much further: in 1661, an ironworks was established near Nagoya by the Tokugawa family in Japan – later becoming the Daido Steel company. The company offers its products in various sectors. One of them is the automotive segment, in which Daido Steel has been a leading manufacturer of crankshafts for decades. Over the years, the company has perfected its expertise in steel and mechanical machining of components, making it a preferred supplier for numerous premium automakers. Another business area for Daido Steel is the aerospace sector. Here, the Japanese have established themselves as manufacturers of high-quality steel used for engine applications. Daido Steel focuses on lightweight construction given the high requirements for weight and performance in aviation. But Daido Steel's comprehensive knowledge and know-how are also utilized in the field of mechanical engineering and engines. The high-quality material is used in the production of machine tools, components for diesel engines, and hydrodynamics components. Another important aspect of Daido Steel's portfolio is specialty steel for cutting tools. These materials are designed to meet the high requirements for cutting metals and plastics. To optimize the performance of cutting tools, the company employs advanced alloying processes. Not only do the different sectors demonstrate the diversity of Daido Steel's product range, but there is also a wide variety of products offered at the individual product level. The company produces profiles, round bars, raw materials, and customized components made from specialty steel. The steel production at Daido Steel has undergone significant changes throughout the company's history – nowadays, it relies on high automation and state-of-the-art facilities. The business model is based on leveraging its own know-how in steel production and mechanical machining of components to meet the growing demand for technologically advanced steel products. By focusing on high-quality specialty steels and leveraging modern technology, Daido Steel Co Ltd has established itself as a globally significant provider in this segment. Daido Steel Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Daido Steel Co Stock

How much dividend does Daido Steel Co pay?

Over the past 12 months, Daido Steel Co paid a dividend of 47 JPY . This corresponds to a dividend yield of about 3.2 %. For the coming 12 months, Daido Steel Co is expected to pay a dividend of 42.25 JPY.

What is the dividend yield of Daido Steel Co?

The current dividend yield of Daido Steel Co is 3.2 %.

When does Daido Steel Co pay dividends?

Daido Steel Co pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Daido Steel Co?

Daido Steel Co paid dividends every year for the past 23 years.

What is the dividend of Daido Steel Co?

For the upcoming 12 months, dividends amounting to 42.25 JPY are expected. This corresponds to a dividend yield of 2.87 %.

In which sector is Daido Steel Co located?

Daido Steel Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Daido Steel Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Daido Steel Co from 12/1/2024 amounting to 21 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Daido Steel Co pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Daido Steel Co in the year 2023?

In the year 2023, Daido Steel Co distributed 230 JPY as dividends.

In which currency does Daido Steel Co pay out the dividend?

The dividends of Daido Steel Co are distributed in JPY.

Andere Kennzahlen von Daido Steel Co

Our stock analysis for Daido Steel Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Daido Steel Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.