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CASTECH Inc. researches, develops, manufactures, and sells crystals, optics, and laser components primarily in China. The company offers NLO, laser, magneto-optical, birefringent, AO and EO, and scintillation crystals, as well as oven and temperature controller accessories; precision optics, including coatings, windows, mirrors, prisms, lenses, spherical lenses, cylindrical lenses, waveplates, polarizers, beamsplitters, aspherical lenses, diffraction gratings, and featured optics; and laser components, such as magneto-optic, acousto-optic, electro-optic, laser application devices. It also exports its products to North America, Europe, Japan, and other Asian countries. The company was founded in 1988 and is based in Fuzhou, China.

CASTECH Dividend Announcement

CASTECH announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
CASTECH annual dividend for 2024 was ¥0.10
CASTECH annual dividend for 2023 was ¥0.40
CASTECH's trailing twelve-month (TTM) dividend yield is 0.28%
CASTECH's payout ratio for the trailing twelve months (TTM) is 96.03%
CASTECH's dividend growth over the last five years (2018-2023) was 31.95% year

CASTECH Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-28¥0.10semi annually2024-06-28
2023-10-26¥0.15semi annually2023-10-26
2023-06-14¥0.25semi annually2023-06-14
2022-06-10¥0.15semi annually2022-06-10
2021-06-11¥0.10semi annually2021-06-11
2020-06-24¥0.10semi annually2020-06-24
2019-06-13¥0.10semi annually2019-06-13
2018-05-23¥0.10semi annually2018-05-23
2017-05-24¥0.10semi annually2017-05-24
2016-05-20¥0.07semi annually
2014-05-30¥0.10semi annually
2013-06-18¥0.10semi annually
2012-05-22¥0.12semi annually

CASTECH Dividend per year

CASTECH Dividend growth

CASTECH Dividend Yield

CASTECH current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing CASTECH stock? Use our calculator to estimate your expected dividend yield:

CASTECH Financial Ratios

P/E ratio71.54
PEG ratio10.65
P/B ratio9.71
ROE14.16%
Payout ratio96.03%
Current ratio6.24
Quick ratio4.49
Cash Ratio1.57

CASTECH Dividend FAQ

How much is the next CASTECH dividend?
CASTECH's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CASTECH dividend. The next CASTECH dividend will be released in June, or October.
When is CASTECH dividend paid?
CASTECH pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. 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 CASTECH pay?
The specific amount of CASTECH 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 CASTECH's dividend history.
Does CASTECH stock pay dividends?
Yes, CASTECH 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 CASTECH's dividend history.
How much dividend does CASTECH pay?
CASTECH paid ¥0.1 in 2024, ¥0.4 in 2023, ¥0.15 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does CASTECH pay dividends?
CASTECH 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, and October.
What is CASTECH's dividend yield?
The current dividend yield for CASTECH is 0.28%. 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 CASTECH's exact dividend yield.
When does CASTECH go ex dividend?
CASTECH's ex-dividend date for the latest dividend was on 2024-06-28. CASTECH 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 CASTECH dividend paid?
CASTECH pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will CASTECH 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 CASTECH 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 CASTECH dividend per share?
CASTECH paid ¥0.1 per share in 2024 and ¥0.4 per share in 2023. The amount of dividend per share that CASTECH 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 CASTECH 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 CASTECH 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 CASTECH a dividend stock?
Yes, CASTECH is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CASTECH a good dividend stock?
Whether CASTECH is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CASTECH has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating CASTECH 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 CASTECH pay dividends monthly?
CASTECH typically pays dividends on a semi annually basis.
Does CASTECH pay dividends quarterly?
CASTECH currently pays dividends on a semi annually basis.
Has CASTECH ever paid a dividend?
Yes, CASTECH has a history of paying dividends to its shareholders. CASTECH is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CASTECH dividend stocks?
To buy CASTECH 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 CASTECH 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 CASTECH pay dividends 2024?
CASTECH pays dividends on a semi annually basis. 2024 dividend payments are in 2024-06-28. 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 CASTECH increase its dividend in 2024?
Decisions regarding CASTECH 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 CASTECH dividend overview you can look into the above table of dividend history.
How CASTECH dividend works?
The CASTECH 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 CASTECH's dividend process works:

1. Determination of Dividend: CASTECH'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, CASTECH 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, CASTECH 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 CASTECH 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 CASTECH dividends paid?
CASTECH dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: CASTECH 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, CASTECH distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: CASTECH 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 CASTECH pay dividends?
CASTECH 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 CASTECH pay dividends?
The general pattern is that CASTECH pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CASTECH dividend safe?
The safety of CASTECH'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 CASTECH'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 CASTECH'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.