Fujian Torch Electron Technology Co., Ltd. engages in the research and development, production, sale, and servicing of ceramic capacitors in China. It offers chip multilayer, coated lead type multilayer, molded surface mount, chip polymer solid electrolyte tantalum, and high performance carbon-based electric double layer ceramic capacitors for use in various fields, such as communication equipment, industrial control equipment, precision instrumentation, medical equipment, petroleum exploration equipment, etc. The company was formerly known as Quanzhou Torch Electronic Component Factory. Fujian Torch Electron Technology Co., Ltd. was founded in 1988 and is based in Quanzhou, China.
Fujian Torch Electron Technology Dividend Announcement
• Fujian Torch Electron Technology announced a semi annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-10-14
• Fujian Torch Electron Technology annual dividend for 2024 was ¥0.22
• Fujian Torch Electron Technology annual dividend for 2023 was ¥0.35
• Fujian Torch Electron Technology's trailing twelve-month (TTM) dividend yield is 0.81%
• Fujian Torch Electron Technology's payout ratio for the trailing twelve months (TTM) is 36.52%
• Fujian Torch Electron Technology's dividend growth over the last five years (2018-2023) was 17.24% year
Fujian Torch Electron Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-14 | ¥0.07 | semi annually | 2024-10-14 |
2024-05-31 | ¥0.15 | semi annually | 2024-05-31 |
2023-05-16 | ¥0.35 | semi annually | 2023-05-16 |
2022-05-16 | ¥0.48 | semi annually | 2022-05-16 |
2021-07-09 | ¥0.34 | semi annually | 2021-07-09 |
2020-04-28 | ¥0.17 | semi annually | 2020-04-28 |
2019-06-17 | ¥0.10 | semi annually | 2019-06-17 |
2018-06-15 | ¥0.16 | semi annually | 2018-06-15 |
2017-04-27 | ¥0.23 | semi annually | 2017-04-27 |
2016-04-22 | ¥0.20 | semi annually | |
2015-05-12 | ¥0.17 | semi annually |
Fujian Torch Electron Technology Dividend per year
Fujian Torch Electron Technology Dividend growth
Fujian Torch Electron Technology Dividend Yield
Fujian Torch Electron Technology current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Fujian Torch Electron Technology stock? Use our calculator to estimate your expected dividend yield:
Fujian Torch Electron Technology Financial Ratios
Fujian Torch Electron Technology Dividend FAQ
Other factors to consider when evaluating Fujian Torch Electron Technology 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: Fujian Torch Electron Technology'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, Fujian Torch Electron Technology 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, Fujian Torch Electron Technology 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 Fujian Torch Electron Technology 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: Fujian Torch Electron Technology 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, Fujian Torch Electron Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fujian Torch Electron Technology 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 Fujian Torch Electron Technology'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 Fujian Torch Electron Technology'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.