STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$57.00
Forward Annual Dividend Rate
$0.36
Yield
Trailing Annual Dividend Yield
186.03%
Forward Annual Dividend Yield
1.66%
Dividend Date
Dividend Date
Jul 07, 2020
Ex-dividend Date
Mar 30, 2020
1.38 %
40.58
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| - | 0.401 | Mar 30, 2020 | Mar 31, 2020 | Jul 07, 2020 |
| - | 0.714 | Mar 27, 2012 | Mar 29, 2012 | Jul 09, 2012 |
| - | 0.192 | Sep 27, 2011 | Sep 29, 2011 | Dec 08, 2011 |
| - | 0.163 | Sep 27, 2006 | Sep 29, 2006 | Dec 07, 2006 |
| - | 0.329 | Mar 28, 2006 | Mar 30, 2006 | Jul 13, 2006 |
| - | 0.158 | Sep 27, 2005 | Sep 29, 2005 | Dec 05, 2005 |
| - | 0.323 | Mar 28, 2005 | Mar 30, 2005 | Jul 12, 2005 |
| - | 0.106 | Sep 27, 2004 | Sep 29, 2004 | Dec 09, 2004 |
| - | 0.119 | Mar 26, 2004 | Mar 30, 2004 | Jul 12, 2004 |
| - | 0.082 | Sep 25, 2003 | Sep 29, 2003 | Dec 08, 2003 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 05, 2017 | 2:1 | +12.89% | +0.03% |
Frequently Asked Questions
Is Makita Corporation (MKTAY) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Makita Corporation is also among the companies that regularly pay dividends.
What is MKTAY's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MKTAY's annual dividend yield for the trailing 12 months is 186.03.
When did MKTAY last pay a dividend?
MKTAY last paid dividends on 2020-07-07, with the ex-dividend date being 2020-03-30.
When was the last time MKTAY stock split?
MKTAY stock split took place on 05-04-2017.
How did MKTAY's stock split work?
Its last split took place on Apr 5, 2017, when Makita Corporation went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 MKTAY share(s).