Broadex Technologies Co., Ltd. researches and develops, manufactures, and sells integrated optoelectronic devices in the field of optical communications worldwide. The company offers built-in and external temperature-controlled array waveguide grating; fiber array; adjustable optical power wavelength division multiplexer; reflective and light blocking MEMS VOA; silicon-based dimmable attenuator; chassis, box, and bare fiber optical splitter; cabinet and box type PLC splitter; optical splitter with branch; dense fiber array; and optical fiber accessories. It also provides active optical cable, and optical transceiver module. In addition, the company provides wavelength management devices, such as optical power splitters and dense wavelength division multiplexing for fiber-to-the-home access networks and the Internet data center markets. Broadex Technologies Co., Ltd. was founded in 2003 and is based in Jiaxing, China.
Broadex Technologies Dividend Announcement
• Broadex Technologies announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
• Broadex Technologies annual dividend for 2024 was ¥0.08
• Broadex Technologies annual dividend for 2023 was ¥0.22
• Broadex Technologies's trailing twelve-month (TTM) dividend yield is 0.33%
• Broadex Technologies's payout ratio for the trailing twelve months (TTM) is -134.37%
Broadex Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ¥0.08 | annually | 2024-06-13 |
2023-04-25 | ¥0.22 | annually | 2023-04-25 |
2022-05-13 | ¥0.60 | annually | 2022-05-13 |
2020-05-20 | ¥0.05 | annually | 2020-05-20 |
2019-05-27 | ¥0.10 | annually | 2019-05-27 |
2018-05-14 | ¥0.20 | annually | 2018-05-14 |
2017-05-22 | ¥0.20 | annually | 2017-05-22 |
Broadex Technologies Dividend per year
Broadex Technologies Dividend growth
Broadex Technologies Dividend Yield
Broadex Technologies current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Broadex Technologies stock? Use our calculator to estimate your expected dividend yield:
Broadex Technologies Financial Ratios
Broadex Technologies Dividend FAQ
Other factors to consider when evaluating Broadex Technologies 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: Broadex Technologies'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, Broadex Technologies 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, Broadex Technologies 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 Broadex Technologies 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: Broadex Technologies 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, Broadex Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Broadex Technologies 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 Broadex Technologies'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 Broadex Technologies'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.