Fortune Oriental Company Limited manufactures and sells lighting application products in Taiwan. The company offers LED bulbs, tubes, recessed light, ring lamps, flood lights, high patio lights, and downlights; T bar office lighting and semi-spiral bulbs; and circulation fans used in commercial areas, such as indoors, outdoor lighting, and retail display lighting. It also provides multimedia information products that are used in commercial fields, such as audio-visual entertainment, information products, education, publicity, and life; and engages in the import and export trade of multimedia information products. The company was formerly known as Infodisc Technology Co., Ltd. and changed its name to Fortune Oriental Company Limited in June 2016. Fortune Oriental Company Limited is headquartered in New Taipei City, Taiwan.
Fortune Oriental Dividend Announcement
• Fortune Oriental announced a annually dividend of NT$0.10 per ordinary share which will be made payable on 2022-08-12. Ex dividend date: 2022-07-19
• Fortune Oriental's trailing twelve-month (TTM) dividend yield is -%
Fortune Oriental Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-07-19 | NT$0.10 | annually | 2022-08-12 |
2021-09-17 | NT$0.40 | annually | 2021-10-08 |
2001-09-11 | NT$0.40 | annually |
Fortune Oriental Dividend per year
Fortune Oriental Dividend Yield
Fortune Oriental current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Fortune Oriental stock? Use our calculator to estimate your expected dividend yield:
Fortune Oriental Financial Ratios
Fortune Oriental Dividend FAQ
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.
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