Asia Tele-Net and Technology Corporation Limited, an investment holding company, designs, manufactures, and sells electroplating machinery and other industrial machinery. It also provides installation and after sale services for electroplating machines; and sells spare parts. The company is involved in securities trading, management, property holding and investment, software development, and money lending businesses. It operates in Hong Kong, China, Taiwan, the United States, Macedonia, Vietnam, the United Kingdom, Mexico, Canada, Singapore, Slovakia, Korea, India, Germany, Other European countries, the United Arab Emirates, and internationally. The company was formerly known as Process Automation (Holdings) Ltd and changed its name to Asia Tele-Net and Technology Corporation Limited in 1999. Asia Tele-Net and Technology Corporation Limited was founded in 1966 and is headquartered in Wan Chai, Hong Kong.
Asia Tele-Net and Technology Dividend Announcement
• Asia Tele-Net and Technology announced a semi annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-10-29. Ex dividend date: 2024-09-30
• Asia Tele-Net and Technology annual dividend for 2024 was HK$0.03
• Asia Tele-Net and Technology annual dividend for 2023 was HK$0.03
• Asia Tele-Net and Technology's trailing twelve-month (TTM) dividend yield is 3.3%
• Asia Tele-Net and Technology's payout ratio for the trailing twelve months (TTM) is 3.69%
Asia Tele-Net and Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | HK$0.01 | semi annually | 2024-10-29 |
2024-07-02 | HK$0.02 | semi annually | 2024-07-25 |
2023-09-28 | HK$0.01 | semi annually | 2023-10-27 |
2023-06-23 | HK$0.02 | semi annually | 2023-07-20 |
2022-09-29 | HK$0.01 | semi annually | 2022-10-28 |
2022-06-27 | HK$0.02 | semi annually | 2022-07-25 |
2021-09-29 | HK$0.01 | semi annually | 2021-10-29 |
2021-06-25 | HK$0.02 | semi annually | 2021-07-30 |
2020-09-10 | HK$0.01 | semi annually | 2020-09-28 |
2020-06-18 | HK$0.02 | semi annually | 2020-07-07 |
Asia Tele-Net and Technology Dividend per year
Asia Tele-Net and Technology Dividend growth
Asia Tele-Net and Technology Dividend Yield
Asia Tele-Net and Technology current trailing twelve-month (TTM) dividend yield is 3.3%. Interested in purchasing Asia Tele-Net and Technology stock? Use our calculator to estimate your expected dividend yield:
Asia Tele-Net and Technology Financial Ratios
Asia Tele-Net and Technology Dividend FAQ
Other factors to consider when evaluating Asia Tele-Net and Technology 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: Asia Tele-Net and Technology'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, Asia Tele-Net and Technology 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, Asia Tele-Net and Technology 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 Asia Tele-Net and Technology 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: Asia Tele-Net and Technology 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, Asia Tele-Net and Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Asia Tele-Net and Technology 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 Asia Tele-Net and Technology'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 Asia Tele-Net and Technology'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.