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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 dateDividend amountDividend typePay date
2022-07-19NT$0.10annually2022-08-12
2021-09-17NT$0.40annually2021-10-08
2001-09-11NT$0.40annually

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

P/E ratio21.87
PEG ratio-0.14
P/B ratio1.29
ROE6.06%
Payout ratio0.00%
Current ratio8.66
Quick ratio6.03
Cash Ratio0.56

Fortune Oriental Dividend FAQ

Does Fortune Oriental stock pay dividends?
Fortune Oriental does not currently pay dividends to its shareholders.
Has Fortune Oriental ever paid a dividend?
No, Fortune Oriental has no a history of paying dividends to its shareholders. Fortune Oriental is not known for its dividend payments.
Why doesn't Fortune Oriental pay dividends?
There are several potential reasons why Fortune Oriental 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 Fortune Oriental 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 Fortune Oriental 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 Fortune Oriental a dividend aristocrat?
Fortune Oriental 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 Fortune Oriental a dividend king?
Fortune Oriental 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 Fortune Oriental a dividend stock?
No, Fortune Oriental 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 Fortune Oriental stocks?
To buy Fortune Oriental 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 Fortune Oriental 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.