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DrayTek Corporation provides networking equipment and management systems in Taiwan. The company offers router products, such as VPN, xDSL, load balancing, LTE, fiber, and DSL modem routers, as well as router matrix; access points; managed switches; software tools; and accessories comprising direct attach passive copper cables, rack mount brackets, USB thermometers, wireless adapters, and antennas. DrayTek Corporation was founded in 1997 and is headquartered in Hsinchu City, Taiwan.

DrayTek Dividend Announcement

DrayTek announced a annually dividend of NT$1.65 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-28
DrayTek annual dividend for 2024 was NT$1.65
DrayTek's trailing twelve-month (TTM) dividend yield is 3.94%
DrayTek's payout ratio for the trailing twelve months (TTM) is 66.83%

DrayTek Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-28NT$1.65annually2024-10-04
2022-08-29NT$1.67annually
2021-08-27NT$1.49annually
2020-08-26NT$1.87annually
2019-08-28NT$1.98annually
2018-08-27NT$2.06annually
2017-08-28NT$2.64annually
2016-08-04NT$2.58annually
2015-09-03NT$2.12annually
2014-08-27NT$1.65annually
2013-08-14NT$1.35annually
2012-08-14NT$2.24annually

DrayTek Dividend per year

DrayTek Dividend growth

DrayTek Dividend Yield

DrayTek current trailing twelve-month (TTM) dividend yield is 3.94%. Interested in purchasing DrayTek stock? Use our calculator to estimate your expected dividend yield:

DrayTek Financial Ratios

P/E ratio17.42
PEG ratio1.45
P/B ratio2.17
ROE13.04%
Payout ratio66.83%
Current ratio7.76
Quick ratio7.13
Cash Ratio0.98

DrayTek Dividend FAQ

Does DrayTek stock pay dividends?
DrayTek does not currently pay dividends to its shareholders.
Has DrayTek ever paid a dividend?
No, DrayTek has no a history of paying dividends to its shareholders. DrayTek is not known for its dividend payments.
Why doesn't DrayTek pay dividends?
There are several potential reasons why DrayTek would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will DrayTek ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While DrayTek has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is DrayTek a dividend aristocrat?
DrayTek is not considered a Dividend Aristocrat. 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 DrayTek a dividend king?
DrayTek is not classified as a "Dividend King". 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 DrayTek a dividend stock?
No, DrayTek is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy DrayTek stocks?
To buy DrayTek 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy DrayTek 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.