DB HiTek Co.,Ltd. operates as an system IC foundry company in South Korea. The company provides comprehensive foundry services; and designs and manufactures system ICs. It offers process technologies nodes ranging from 90nm to 0.35um that enable the production of advanced ICs, such as power management ICs, display driver ICs, audio amplifiers, and sensors, which are deployed in mobile, drone, and medical devices, as well as automotive applications. The company's processing technologies include BCDMOS, analog CMOS, high voltage CMOS, mixed signal, CIS, flash, logic, and non volatile technologies. The company was formerly known as Dongbu HiTek Co., Ltd. and changed its name to DB HiTek Co.,Ltd. in November 2017. DB HiTek Co.,Ltd. was founded in 1997 and is based in Bucheon, South Korea.
DB HiTek Dividend Announcement
• DB HiTek announced a annually dividend of ₩580.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2023-12-27
• DB HiTek annual dividend for 2023 was ₩580.00
• DB HiTek's trailing twelve-month (TTM) dividend yield is 1.54%
• DB HiTek's payout ratio for the trailing twelve months (TTM) is 11.24%
• DB HiTek's dividend growth over the last five years (2018-2023) was 18.33% year
DB HiTek Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩580.00 | annually | 2024-04-26 |
2022-12-28 | ₩1300.00 | annually | 2023-04-28 |
2021-12-29 | ₩450.00 | annually | 2022-04-27 |
2020-12-29 | ₩350.00 | annually | 2021-04-27 |
2019-12-27 | ₩350.00 | annually | 2020-04-24 |
2018-12-27 | ₩250.00 | annually | 2019-04-24 |
2017-12-27 | ₩250.00 | annually | 2018-04-23 |
2006-12-27 | ₩250.00 | annually |
DB HiTek Dividend per year
DB HiTek Dividend growth
DB HiTek Dividend Yield
DB HiTek current trailing twelve-month (TTM) dividend yield is 1.54%. Interested in purchasing DB HiTek stock? Use our calculator to estimate your expected dividend yield:
DB HiTek Financial Ratios
DB HiTek Dividend FAQ
Other factors to consider when evaluating DB HiTek 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: DB HiTek'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, DB HiTek 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, DB HiTek 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 DB HiTek 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: DB HiTek 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, DB HiTek distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DB HiTek 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 DB HiTek'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 DB HiTek'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.