JPSWY The Japan Steel Works, Ltd. — dividend yield, history & ex-dividend dates
Established in Tokyo, Japan, in 1907, The Japan Steel Works, Ltd. operates as a global manufacturer and supplier of an extensive range of steel and machinery products across Japan, China, and international markets. The company's operations are divided into Industrial Machinery Products, Steel and Energy Products, and other specialized business segments. JSW is a leading producer of heavy steel components, including monoblock rotor shafts for power generators, shell flanges for nuclear reactor pressure vessels, and turbine castings for thermal power stations. Its material science expertise extends to clad steel plates, high-alloy and stainless steels, and nickel-based alloys. The company also manufactures forged steel rolls essential for steel mills and a wide selection of forged and cast steel products, steel plates, and pressure vessels vital for the chemical, petrochemical, and broader industrial machinery sectors. These products are complemented by comprehensive pressure vessel maintenance and inspection services. Within the industrial machinery domain, JSW delivers advanced plastic production equipment, such as polyolefin pelletizers, twin-screw extruders, and systems for manufacturing film, sheets, and spinning fibers. Its offerings also encompass injection and blow molding machines, cutting-edge excimer laser annealing and laser lift-off systems, rolling stock parts, and presses/laminators. Furthermore, The Japan Steel Works holds a significant role in the defense industry, undertaking the design, production, and servicing of various defense equipment, from firing systems to missile launchers, alongside conducting research and development for future defense technologies. The company also contributes to sustainable energy solutions by fabricating steel tanks for high-pressure hydrogen storage, crucial for hydrogen filling stations that support fuel cell vehicles. Additional services include maintenance concierge support, retrofitting solutions, specialized training programs, and the provision of deposition, crystal, and wind power generation equipment.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
Not Rated
How the Dividend Safety Score is built for JPSWY
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 35% (FY2026) | 100 | 20% |
| FCF payout ratio | Free cash flow negative (FY2026) | 0 | 25% |
| Net debt / EBITDA | Net debt / EBITDA 0.3x (FY2026) | 100 | 15% |
| Interest coverage | Interest coverage 34.8x (FY2026) | 100 | 10% |
| Dividend record | 22 years of uninterrupted regular payments; last cut Mar 30, 2020 (-41.6%), within 10 years: capped at 50 | 50 | 20% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2022–FY2026) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for JPSWY
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 13.2% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 2 consecutive annual increases (through 2025) | 35 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 35% (FY2026) | 100 | 20% |
| Earnings per share growth (3 years) | EPS CAGR 50.6% (FY2023–FY2026) | 100 | 15% |
| Revenue growth (3 years) | Revenue CAGR 6.9% (FY2023–FY2026) | 93 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 12.9% (2015–2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
Key Metrics
Current Yield
1.40%
At the Oct 30, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.2897
Declared Mar 02, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
S Semi-Annual
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
46
As of Oct 30, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$20.30 – $35.89
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio
-
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
35
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
2.12
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
JPSWY has raised its annual dividend in 14 separate years since March 1991, which ranks 787 among the 2,430 payers with a comparable record in our dataset. In 5 years the annual total fell by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
JPSWY's dividend yield rose from 1.21% to 1.40% over the past ~90 days (+0.19 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.19 pp from the share price ($24.00 on Aug 03, 2026 → $20.71 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), JPSWY's current yield is higher than approximately 99% of them. Our stored price history for JPSWY covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.1450 S | Regular | N/A | Sep 30, 2026 | Sep 30, 2026 | Dec 11, 2026 |
| $0.1450 S | Regular | N/A | Sep 29, 2026 | Sep 30, 2026 | Dec 11, 2026 |
| $0.1482 S | Regular | Mar 02, 2026 | Mar 31, 2026 | Mar 31, 2026 | Jul 13, 2026 |
| $0.1415 Q | Regular | Sep 03, 2025 | Sep 30, 2025 | Sep 30, 2025 | Dec 26, 2025 |
| $0.1651 S | Regular | Mar 04, 2025 | Mar 31, 2025 | Mar 31, 2025 | Jul 09, 2025 |
| $0.1235 S | Regular | Sep 11, 2024 | Sep 30, 2024 | Sep 30, 2024 | Dec 27, 2024 |
| $0.0938 S | Regular | Mar 04, 2024 | Mar 28, 2024 | Mar 28, 2024 | Jul 10, 2024 |
| $0.0997 S | Regular | Sep 06, 2023 | Sep 29, 2023 | Sep 29, 2023 | Dec 28, 2023 |
| $0.1002 S | Regular | Feb 23, 2023 | Mar 31, 2023 | Mar 31, 2023 | Jul 13, 2023 |
| $0.1058 S | Regular | Sep 02, 2022 | Sep 30, 2022 | Sep 30, 2022 | Dec 27, 2022 |
| $0.1273 S | Regular | Feb 28, 2022 | Mar 30, 2022 | Mar 30, 2022 | Jul 12, 2022 |
| $0.0989 S | Regular | Sep 02, 2021 | Sep 29, 2021 | Sep 29, 2021 | Dec 27, 2021 |
| $0.0790 S | Regular | N/A | Mar 30, 2021 | Mar 30, 2021 | Jul 07, 2021 |
| $0.0837 S | Regular | Sep 30, 2020 | Sep 29, 2020 | Sep 29, 2020 | Dec 28, 2020 |
| $0.0815 S | Regular | Mar 31, 2020 | Mar 30, 2020 | Mar 30, 2020 | Jul 10, 2020 |
| $0.1263 S | Regular | Sep 10, 2019 | Sep 27, 2019 | Sep 27, 2019 | Dec 26, 2019 |
| $0.1396 S | Regular | Mar 12, 2019 | Mar 29, 2019 | Mar 29, 2019 | Jul 09, 2019 |
| $0.1104 S | Regular | Sep 07, 2018 | Sep 28, 2018 | Sep 28, 2018 | Dec 20, 2018 |
| $0.0906 S | Regular | Mar 02, 2018 | Mar 29, 2018 | Mar 29, 2018 | Jul 12, 2018 |
| $0.0777 S | Regular | Sep 12, 2017 | Sep 28, 2017 | Sep 29, 2017 | Dec 21, 2017 |
| $0.0556 S | Regular | N/A | Mar 29, 2017 | Mar 30, 2017 | Jul 13, 2017 |
| $0.0439 S | Regular | Aug 29, 2016 | Sep 28, 2016 | Sep 29, 2016 | Dec 22, 2016 |
| $0.0491 S | Regular | Mar 02, 2016 | Mar 29, 2016 | Mar 30, 2016 | Jul 12, 2016 |
| $0.0405 S | Regular | N/A | Sep 28, 2015 | Sep 29, 2015 | Dec 18, 2015 |
| $0.0323 S | Regular | N/A | Mar 29, 2015 | Mar 30, 2015 | Jul 10, 2015 |
| $0.0329 S | Regular | N/A | Sep 28, 2014 | Sep 29, 2014 | Dec 22, 2014 |
| $0.0491 S | Regular | N/A | Mar 27, 2014 | Mar 28, 2014 | Jul 11, 2014 |
| $0.0487 S | Regular | N/A | Sep 26, 2013 | Sep 27, 2013 | Dec 19, 2013 |
| $0.5097 S | Regular | N/A | Mar 27, 2013 | Mar 28, 2013 | Jul 11, 2013 |
| $0.6067 S | Regular | N/A | Sep 26, 2012 | Sep 27, 2012 | Dec 18, 2012 |
| $0.6265 S | Regular | N/A | Mar 28, 2012 | Mar 29, 2012 | Jul 12, 2012 |
| $0.6404 S | Regular | N/A | Sep 28, 2011 | Sep 29, 2011 | Dec 20, 2011 |
| $0.7410 S | Regular | N/A | Mar 29, 2011 | Mar 30, 2011 | Jul 12, 2011 |
| $0.7235 S | Regular | N/A | Sep 28, 2010 | Sep 29, 2010 | Dec 21, 2010 |
| $0.6707 S | Regular | N/A | Mar 29, 2010 | Mar 30, 2010 | Jul 13, 2010 |
| $0.6648 S | Regular | N/A | Sep 28, 2009 | Sep 29, 2009 | Dec 22, 2009 |
| $0.6224 S | Regular | N/A | Mar 29, 2009 | Mar 30, 2009 | Jul 21, 2009 |
| $0.6410 S | Regular | N/A | Sep 28, 2008 | Sep 29, 2008 | Dec 18, 2008 |
| $0.7052 S | Regular | N/A | Mar 27, 2008 | Mar 28, 2008 | Jul 22, 2008 |
| $0.4015 S | Regular | N/A | Sep 26, 2007 | Sep 28, 2007 | Dec 31, 2007 |
| $0.7290 A | Regular | N/A | Mar 29, 2007 | Mar 30, 2007 | Jul 23, 2007 |
| $0.4341 A | Regular | N/A | Mar 28, 2006 | Mar 30, 2006 | Jul 17, 2006 |
| $0.2680 A | Regular | N/A | Mar 28, 2005 | Mar 30, 2005 | Jul 18, 2005 |
| $0.1830 A | Regular | N/A | May 18, 2004 | May 20, 2004 | Jul 14, 2004 |
| $50.0000 A | Regular | N/A | Mar 24, 1994 | Mar 30, 1994 | Jul 21, 1994 |
| $50.0000 A | Regular | N/A | Mar 24, 1993 | Mar 30, 1993 | Jul 16, 1993 |
| $70.0000 A | Regular | N/A | Mar 26, 1992 | Mar 31, 1992 | Jun 29, 1992 |
| $50.0000 A | Regular | N/A | Mar 22, 1991 | Mar 28, 1991 | Jul 16, 1991 |
Peer Comparison
Selected Industrial - Machinery dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| AOS | A. O. Smith Corporation | 2.39% | 7.1% | 33 yrs | 95 |
| GGG | Graco Inc. | 1.72% | 9.5% | 26 yrs | 93 |
| XYL | Xylem Inc. | 1.90% | 9.0% | 13 yrs | 92 |
| PNR | Pentair plc | 1.64% | 5.6% | 6 yrs | 82 |
Related Guides & Lists
JPSWY dividend — frequently asked questions
Does The Japan Steel Works, Ltd. pay a dividend?
Yes. The Japan Steel Works, Ltd. (JPSWY) currently pays a dividend. The annualized dividend is about $0.29 per share, a yield of approximately 1.40%.
What is The Japan Steel Works, Ltd.'s dividend yield?
The Japan Steel Works, Ltd.'s dividend yield is approximately 1.40%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does The Japan Steel Works, Ltd. pay dividends?
The Japan Steel Works, Ltd. pays dividends semi-annually — 2 times per year.
How long has The Japan Steel Works, Ltd. paid dividends?
The Japan Steel Works, Ltd. has 35 years of dividend payments on record.
Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.