Foxconn Industrial Internet Co., Ltd. engages in the research and development, design, manufacturing, and sale of communication network equipment, cloud service equipment, precision tools, and industrial robots. Its communication network equipment products include network equipment, such as network switches, routers, wireless devices, network servers, STB/OTT boxes, and smart home gateways; telecommunication equipment comprising mobile base stations, optical transmission equipment, etc.; and communication network equipment high-precision machine components, consisting of smartphone high-precision metal and polymer machine components, and network telecommunication equipment high-precision machine components. The company also provides cloud computing products, including tower, rack, and blade servers; storage devices and servers; data centers; and storage cabinets. In addition, the company offers precision tools solutions, including diamond cutters, tungsten carbide cutters, and micro thread forming taps, as well as tool development, production systems, blade design, mass production, precision coating, and application testing services; and industrial robotics automation and industrial internet solutions. Its products are used in smartphones, broadband and wireless networks, infrastructure of multimedia service operators and telecom operators, terminal products for Internet value-added service providers, infrastructure of enterprise networks and data centers, and automatic manufacturing of precision core components. The company was incorporated in 2015 and is based in Shenzhen, China. Foxconn Industrial Internet Co., Ltd. is a subsidiary of Hon Hai Precision Industry Co., Ltd.
Foxconn Industrial Internet Dividend Announcement
• Foxconn Industrial Internet announced a annually dividend of ¥0.58 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-08-15
• Foxconn Industrial Internet annual dividend for 2024 was ¥0.58
• Foxconn Industrial Internet annual dividend for 2023 was ¥0.55
• Foxconn Industrial Internet's trailing twelve-month (TTM) dividend yield is 2.38%
• Foxconn Industrial Internet's payout ratio for the trailing twelve months (TTM) is 106.92%
Foxconn Industrial Internet Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | ¥0.58 | annually | 2024-08-15 |
2023-07-28 | ¥0.55 | annually | 2023-07-28 |
2022-08-05 | ¥0.50 | annually | 2022-08-05 |
2021-07-27 | ¥0.25 | annually | 2021-07-27 |
2020-06-30 | ¥0.20 | annually | 2020-06-30 |
2019-06-20 | ¥0.13 | annually | 2019-06-20 |
Foxconn Industrial Internet Dividend per year
Foxconn Industrial Internet Dividend growth
Foxconn Industrial Internet Dividend Yield
Foxconn Industrial Internet current trailing twelve-month (TTM) dividend yield is 2.38%. Interested in purchasing Foxconn Industrial Internet stock? Use our calculator to estimate your expected dividend yield:
Foxconn Industrial Internet Financial Ratios
Foxconn Industrial Internet Dividend FAQ
Other factors to consider when evaluating Foxconn Industrial Internet 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: Foxconn Industrial Internet'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, Foxconn Industrial Internet 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, Foxconn Industrial Internet 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 Foxconn Industrial Internet 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: Foxconn Industrial Internet 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, Foxconn Industrial Internet distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Foxconn Industrial Internet 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 Foxconn Industrial Internet'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 Foxconn Industrial Internet'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.