Assure Tech (Hangzhou) Co., Ltd engages in the research, development, production, and sale of diagnostic reagents, POCT meters, test readers, and biological materials. The company was founded in 2008 and is based in Hangzhou, China.
Assure Tech Dividend Announcement
• Assure Tech announced a semi annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-11-11. Ex dividend date: 2024-11-11 • Assure Tech annual dividend for 2024 was ¥0.80 • Assure Tech annual dividend for 2023 was ¥7.00 • Assure Tech's trailing twelve-month (TTM) dividend yield is 2.0% • Assure Tech's payout ratio for the trailing twelve months (TTM) is 499.20%
Assure Tech current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Assure Tech stock? Use our calculator to estimate your expected dividend yield:
Assure Tech Financial Ratios
P/E ratio56.13
PEG ratio0.56
P/B ratio0.99
ROE1.76%
Payout ratio499.20%
Current ratio8.96
Quick ratio8.66
Cash Ratio0.35
Assure Tech Dividend FAQ
How much is the next Assure Tech dividend?
Assure Tech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Assure Tech dividend. The next Assure Tech dividend will be released in June.
When is Assure Tech dividend paid?
Assure Tech pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Assure Tech pay?
The specific amount of Assure Tech dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Assure Tech's dividend history.
Does Assure Tech stock pay dividends?
Yes, Assure Tech does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Assure Tech's dividend history.
How much dividend does Assure Tech pay?
Assure Tech paid ¥0.8 in 2024, ¥7.0 in 2023, ¥5.742 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Assure Tech pay dividends?
Assure Tech typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Assure Tech's dividend yield?
The current dividend yield for Assure Tech is 2.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Assure Tech's exact dividend yield.
When does Assure Tech go ex dividend?
Assure Tech's ex-dividend date for the latest dividend was on 2024-11-11. Assure Tech typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Assure Tech dividend paid?
Assure Tech pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Assure Tech increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Assure Tech will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Assure Tech dividend per share?
Assure Tech paid ¥0.8 per share in 2024 and ¥7.0 per share in 2023. The amount of dividend per share that Assure Tech pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Assure Tech a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Assure Tech a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Assure Tech a dividend stock?
Yes, Assure Tech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Assure Tech a good dividend stock?
Whether Assure Tech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Assure Tech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Assure Tech 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.
Does Assure Tech pay dividends monthly?
Assure Tech typically pays dividends on a semi annually basis.
Does Assure Tech pay dividends quarterly?
Assure Tech currently pays dividends on a semi annually basis.
Has Assure Tech ever paid a dividend?
Yes, Assure Tech has a history of paying dividends to its shareholders. Assure Tech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Assure Tech dividend stocks?
To buy Assure Tech you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Assure Tech stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Assure Tech pay dividends 2024?
Assure Tech pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Assure Tech increase its dividend in 2024?
Decisions regarding Assure Tech dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Assure Tech dividend overview you can look into the above table of dividend history.
How Assure Tech dividend works?
The Assure Tech dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Assure Tech's dividend process works:
1. Determination of Dividend: Assure Tech'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, Assure Tech 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, Assure Tech 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 Assure Tech 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.
How are Assure Tech dividends paid?
Assure Tech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Assure Tech 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, Assure Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Assure Tech 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.
How many times does Assure Tech pay dividends?
Assure Tech typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Assure Tech pay dividends?
The general pattern is that Assure Tech pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Assure Tech dividend safe?
The safety of Assure Tech's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Assure Tech'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 Assure Tech'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.