Chieftek Precision Co., Ltd. engages in the research and development, manufacturing, and sale of linear motion components in Taiwan, the United States, Europe, and Asia. It offers compact linear motor and moving magnet stage products, motor servo drivers, magnetic encoders, ironcore and ironless linear motors, DD motors, standard 4-row ball bearing linear guides, wide 4-row ball bearing linear guides, standard 4-row roller-type linear guides, miniature linear guides, ADR standard 4-row ball bearing linear guides with cover strips, and ST miniature stroke slide and sensor series products, as well as axis robots, and optoelectronic and semiconductor process equipment. The company also provides external NBR seal, metal and plastic caps, metal stopper on rail, and lubrication kit and grease gun. It engages in exporting activities. Chieftek Precision Co., Ltd. was founded in 1987 and is headquartered in Tainan City, Taiwan.
Chieftek Precision Dividend Announcement
• Chieftek Precision announced a annually dividend of NT$0.80 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-22
• Chieftek Precision annual dividend for 2024 was NT$0.80
• Chieftek Precision annual dividend for 2023 was NT$2.00
• Chieftek Precision's trailing twelve-month (TTM) dividend yield is 0.86%
• Chieftek Precision's payout ratio for the trailing twelve months (TTM) is 243.16%
• Chieftek Precision's dividend growth over the last five years (2018-2023) was 9.86% year
• Chieftek Precision's dividend growth over the last ten years (2013-2023) was 20.30% year
Chieftek Precision Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | NT$0.80 | annually | 2024-09-16 |
2023-08-21 | NT$2.00 | annually | 2023-09-13 |
2022-06-14 | NT$1.50 | annually | 2022-07-05 |
2021-06-07 | NT$1.50 | annually | 2021-06-30 |
2020-08-24 | NT$1.00 | annually | 2020-09-18 |
2019-08-26 | NT$1.00 | annually | 2019-10-14 |
2018-07-30 | NT$1.25 | annually | 2018-09-03 |
2017-07-27 | NT$1.00 | annually | 2017-08-18 |
2016-08-25 | NT$0.50 | annually | |
2015-07-14 | NT$0.50 | annually | |
2014-08-22 | NT$0.20 | annually | |
2013-08-26 | NT$0.32 | annually |
Chieftek Precision Dividend per year
Chieftek Precision Dividend growth
Chieftek Precision Dividend Yield
Chieftek Precision current trailing twelve-month (TTM) dividend yield is 0.86%. Interested in purchasing Chieftek Precision stock? Use our calculator to estimate your expected dividend yield:
Chieftek Precision Financial Ratios
Chieftek Precision Dividend FAQ
Other factors to consider when evaluating Chieftek Precision 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: Chieftek Precision'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, Chieftek Precision 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, Chieftek Precision 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 Chieftek Precision 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: Chieftek Precision 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, Chieftek Precision distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chieftek Precision 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 Chieftek Precision'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 Chieftek Precision'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.