Fositek Corp. engages in the manufacture and wholesale of electronic materials and components. The company was founded in 1990 and is based in New Taipei City, Taiwan.
Fositek Dividend Announcement
• Fositek announced a annually dividend of NT$5.50 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-14
• Fositek annual dividend for 2024 was NT$5.50
• Fositek annual dividend for 2023 was NT$4.00
• Fositek's trailing twelve-month (TTM) dividend yield is 0.66%
• Fositek's payout ratio for the trailing twelve months (TTM) is 11.18%
Fositek Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-14 | NT$5.50 | annually | 2024-09-12 |
| 2023-06-30 | NT$4.00 | annually | 2023-07-24 |
Fositek Dividend per year
Fositek Dividend Yield
Fositek current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Fositek stock? Use our calculator to estimate your expected dividend yield:
Fositek Financial Ratios
P/E ratio26.21
PEG ratio0.27
P/B ratio11.86
ROE52.51%
Payout ratio11.18%
Current ratio2.08
Quick ratio1.76
Cash Ratio1.61
Fositek Dividend FAQ
Does Fositek stock pay dividends?
Fositek does not currently pay dividends to its shareholders.
Has Fositek ever paid a dividend?
No, Fositek has no a history of paying dividends to its shareholders. Fositek is not known for its dividend payments.
Why doesn't Fositek pay dividends?
There are several potential reasons why Fositek 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.
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 Fositek 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 Fositek 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 Fositek a dividend aristocrat?
Fositek 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 Fositek a dividend king?
Fositek 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 Fositek a dividend stock?
No, Fositek 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 Fositek stocks?
To buy Fositek 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 Fositek 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.
Place an order: Use the brokerage's trading platform to place an order to buy Fositek 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.