Fittech Co.,Ltd provides automatic equipment and system integration services for the optoelectronic, semiconductor, and laser industries. The company offers LED probing and testing equipment, including LED chip and wafer probing and testing systems; auto LED wafer prober systems; auto flip-chip probers; auto LED chip probers and tester; high accuracy automatic chip counters; and automatic detaching tape systems. It also provides LD probing and testing equipment, such as VCSEL(PD) probing and testing systems, and edge emitting laser probing and sorting systems; and laser micromachining equipment comprising automatic dual-arm laser wafer and laser wafer marking systems, fully-auto laser marking (inking) systems, and semi-auto PCB laser drilling systems, as well as semi-auto laser cutting, drilling, and scribing systems. In addition, the company offers laser cleaning solutions, including handheld laser cleaning and welding machines; and OEM and LED OEM services. Its products are also used in other photonics and optics, electronics, semiconductor, automotive, and manufacturing industries. The company operates in Taiwan, China, and rest of Asia, as well as internationally. Fittech Co.,Ltd is headquartered in Taichung City, Taiwan.
Fittech Dividend Announcement
• Fittech announced a annually dividend of NT$3.50 per ordinary share which will be made payable on 2023-08-16. Ex dividend date: 2023-07-27
• Fittech annual dividend for 2023 was NT$3.50
• Fittech's trailing twelve-month (TTM) dividend yield is -%
• Fittech's payout ratio for the trailing twelve months (TTM) is -58.83%
Fittech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-07-27 | NT$3.50 | annually | 2023-08-16 |
2022-07-28 | NT$10.00 | annually | 2022-08-17 |
2021-09-29 | NT$4.00 | annually | 2021-10-13 |
2020-08-18 | NT$3.94 | annually | 2020-09-10 |
2019-08-12 | NT$3.93 | annually | 2019-09-10 |
Fittech Dividend per year
Fittech Dividend growth
Fittech Dividend Yield
Fittech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Fittech stock? Use our calculator to estimate your expected dividend yield:
Fittech Financial Ratios
Fittech Dividend FAQ
Other factors to consider when evaluating Fittech 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: Fittech'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, Fittech 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, Fittech 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 Fittech 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: Fittech 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, Fittech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fittech 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 Fittech'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 Fittech'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.