Deswell Industries, Inc. manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. It operates in two segments, Plastic Injection Molding and Electronic Products Assembling. The company produces a range of plastic parts and components that are used in the manufacture of consumer and industrial products, which include plastic components for electronic entertainment products, power tools, accessories, and outdoor equipment; cases for flashlights, telephones, printers, scanners; parts for industrial components, and indoor control switches, as well as parts for audio equipment, and cases and key tops for personal organizers and remote controls; double injection caps; parts for medical products comprising apparatus for blood tests; laser key caps; automobile components; and plastic components of automatic robot. It also provides electronic products that consist of audio equipment, including digital and analogue mixing consoles, amplifiers, signal processors, audio interfaces, network audio equipment, and speaker enclosures; consumer audio products, such as multi-channel receivers-amplifiers, and wired and wireless audio streaming products; printed circuit board assemblies; and IoT products. The company sells its products primarily in China, the United States, Hong Kong, the United Kingdom, Norway, Holland, Canada, and internationally. Deswell Industries, Inc. was founded in 1987 and is based in Macau.
Deswell Industries Dividend Announcement
• Deswell Industries announced a semi annually dividend of $0.10 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-05
• Deswell Industries annual dividend for 2024 was $0.10
• Deswell Industries annual dividend for 2023 was $0.20
• Deswell Industries's trailing twelve-month (TTM) dividend yield is 7.87%
• Deswell Industries's payout ratio for the trailing twelve months (TTM) is 50.40%
• Deswell Industries's dividend growth over the last five years (2018-2023) was 14.87% year
• Deswell Industries's dividend growth over the last ten years (2013-2023) was -0.95% year
Deswell Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | $0.10 | semi annually | 2024-07-19 |
2023-11-30 | $0.10 | semi annually | 2023-12-21 |
2023-07-03 | $0.10 | semi annually | 2023-07-20 |
2022-11-30 | $0.10 | semi annually | 2022-12-22 |
2022-06-29 | $0.10 | semi annually | 2022-07-15 |
2021-12-03 | $0.10 | semi annually | 2021-12-22 |
2021-06-24 | $0.10 | semi annually | 2021-07-09 |
2020-11-20 | $0.09 | semi annually | 2020-12-10 |
2020-06-24 | $0.09 | semi annually | 2020-07-10 |
2019-11-26 | $0.08 | semi annually | 2019-12-13 |
2019-06-24 | $0.07 | semi annually | 2019-07-12 |
2018-11-26 | $0.06 | semi annually | 2018-12-18 |
2018-06-25 | $0.04 | semi annually | 2018-07-12 |
2017-06-22 | $0.07 | semi annually | 2017-07-12 |
2016-11-25 | $0.07 | semi annually | 2016-12-16 |
2016-07-05 | $0.04 | semi annually | 2016-07-27 |
2016-03-21 | $0.04 | semi annually | 2016-04-14 |
2015-11-19 | $0.04 | semi annually | 2015-12-10 |
2015-09-15 | $0.04 | semi annually | 2015-10-07 |
2015-06-24 | $0.04 | semi annually | 2015-07-16 |
2015-02-23 | $0.04 | semi annually | 2015-03-19 |
2015-01-20 | $0.05 | semi annually | 2015-01-30 |
2014-08-28 | $0.05 | semi annually | 2014-09-24 |
2014-06-18 | $0.05 | semi annually | 2014-06-30 |
2014-03-06 | $0.05 | semi annually | 2014-03-28 |
2013-11-21 | $0.05 | semi annually | 2013-12-18 |
2013-09-09 | $0.07 | semi annually | 2013-09-30 |
2013-06-24 | $0.05 | semi annually | 2013-07-18 |
2013-02-13 | $0.05 | semi annually | 2013-03-07 |
Deswell Industries Dividend per year
Deswell Industries Dividend growth
Deswell Industries Dividend Yield
Deswell Industries current trailing twelve-month (TTM) dividend yield is 7.87%. Interested in purchasing Deswell Industries stock? Use our calculator to estimate your expected dividend yield:
Deswell Industries Financial Ratios
Deswell Industries Dividend FAQ
Other factors to consider when evaluating Deswell Industries 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: Deswell Industries'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, Deswell Industries 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, Deswell Industries 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 Deswell Industries 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: Deswell Industries 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, Deswell Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Deswell Industries 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 Deswell Industries'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 Deswell Industries'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.