Baker Technology Limited, an investment holding company, manufactures and provides specialized marine offshore equipment and services for the oil and gas industry in Singapore, China, rest of the Asia Pacific, Africa, the Middle East, the Americas, and Europe. It engages in the design, construction, operation, and chartering of mobile offshore units and offshore supply vessels. The company also designs and constructs various critical equipment and components, such as offshore pedestal cranes, anchor winches, elevating systems, skidding and jacking systems, raw water tower structures and winches, wind turbine installation equipment, and mechanical handling equipment for the offshore marine and renewables industry. In addition, it provides offshore marine logistics support, engineering, and steel products and components fabrication services; and other services, such as ship and project management, quality assurance and construction supervision, and maintenance and repair services. The company was formerly known as Wassall Asia Pacific Limited and changed its name to Baker Technology Limited in July 2000. Baker Technology Limited was incorporated in 1981 and is based in Singapore.
Baker Technology Dividend Announcement
• Baker Technology announced a annually dividend of S$0.01 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-07
• Baker Technology annual dividend for 2024 was S$0.01
• Baker Technology annual dividend for 2023 was S$0.01
• Baker Technology's trailing twelve-month (TTM) dividend yield is 2.42%
• Baker Technology's payout ratio for the trailing twelve months (TTM) is 16.68%
Baker Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | S$0.01 | annually | 2024-05-21 |
2023-05-09 | S$0.01 | annually | 2023-05-23 |
2022-05-09 | S$0.01 | annually | 2022-05-23 |
2020-06-30 | S$0.01 | annually | 2020-07-13 |
2019-05-06 | S$0.01 | annually | 2019-05-17 |
2017-05-02 | S$0.01 | annually | 2017-05-17 |
2016-04-28 | S$0.01 | annually | |
2015-05-13 | S$0.01 | annually | |
2014-05-06 | S$0.04 | annually | |
2013-05-07 | S$0.09 | annually | |
2012-05-07 | S$0.01 | annually | |
2011-05-09 | S$0.03 | annually |
Baker Technology Dividend per year
Baker Technology Dividend growth
Baker Technology Dividend Yield
Baker Technology current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Baker Technology stock? Use our calculator to estimate your expected dividend yield:
Baker Technology Financial Ratios
Baker Technology Dividend FAQ
Other factors to consider when evaluating Baker 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: Baker 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, Baker 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, Baker 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 Baker 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: Baker 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, Baker 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: Baker 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 Baker 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 Baker 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.