GL Tech Co.,Ltd develops, produces, and sells semiconductor packaging and testing equipment in China and internationally. The company offers processing equipment used in the packaging and testing of semiconductor and other microelectronic devices; scribing and cutting equipment used for manufacture of semiconductor devices, such as integrated circuit chips, sonar, various sensors, etc.; high-precision air static pressure spindles, air dynamic pressure spindles, air guides, rotary tables, precision linear guides, drivers, etc. used in the cutting and grinding process of semiconductor industry chip packaging. It also provides safety production monitoring products include mine safety production monitoring, power safety, energy saving and environmental protection, and special ancillary equipment; and gas intelligent and precise extraction systems, anti-outburst comprehensive management and control technology platform, goaf fire source positioning monitoring systems, ground communication personnel positioning systems, testing equipment, laser ammonia escape, ammonia injection optimization, NOx online monitoring, fly ash carbon content monitoring equipment, and special supporting equipment for boiler energy saving and emission reduction. The company was formerly known as Zhengzhou Gl Tech Co.,Ltd and changed its name to GL Tech Co.,Ltd in September 2017. GL Tech Co.,Ltd was founded in 1994 and is headquartered in Zhengzhou, China.
GL Tech Dividend Announcement
• GL Tech announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-06-03
• GL Tech annual dividend for 2024 was ¥0.05
• GL Tech annual dividend for 2023 was ¥0.15
• GL Tech's trailing twelve-month (TTM) dividend yield is 1.37%
• GL Tech's payout ratio for the trailing twelve months (TTM) is -123.08%
GL Tech Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-03 | ¥0.05 | annually | 2024-06-03 |
| 2023-11-06 | ¥0.15 | annually | 2023-11-06 |
| 2022-05-31 | ¥0.13 | annually | 2022-05-31 |
| 2020-05-13 | ¥0.05 | annually | 2020-05-13 |
| 2019-05-07 | ¥0.05 | annually | 2019-05-07 |
| 2018-05-14 | ¥0.05 | annually | 2018-05-14 |
| 2017-06-09 | ¥0.05 | annually | 2017-06-09 |
| 2016-05-27 | ¥0.15 | annually |
GL Tech Dividend per year
GL Tech Dividend growth
GL Tech Dividend Yield
GL Tech current trailing twelve-month (TTM) dividend yield is 1.37%. Interested in purchasing GL Tech stock? Use our calculator to estimate your expected dividend yield:
GL Tech Financial Ratios
P/E ratio-86.88
PEG ratio-1.35
P/B ratio3.78
ROE-4.23%
Payout ratio-123.08%
Current ratio7.46
Quick ratio5.56
Cash Ratio3.12
GL Tech Dividend FAQ
How much is the next GL Tech dividend?
GL Tech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next GL Tech dividend. The next GL Tech dividend will be released in November.
When is GL Tech dividend paid?
GL Tech pays dividends on a annually basis. The specific dates may vary each year but are generally around November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does GL Tech pay?
The specific amount of GL Tech dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find GL Tech's dividend history.
Does GL Tech stock pay dividends?
Yes, GL Tech does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find GL Tech's dividend history.
How much dividend does GL Tech pay?
GL Tech paid ¥0.05 in 2024, ¥0.15 in 2023, ¥0.13 in 2022, ¥0.0 in 2021, and ¥0.05 in 2020.
How often does GL Tech pay dividends?
GL Tech typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around November.
What is GL Tech's dividend yield?
The current dividend yield for GL Tech is 1.37%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate GL Tech's exact dividend yield.
When does GL Tech go ex dividend?
GL Tech's ex-dividend date for the latest dividend was on 2024-06-03. GL Tech typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next GL Tech dividend paid?
GL Tech pays dividends on a annually basis, typically around November, but the exact dates can vary each year.
Will GL Tech increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether GL Tech will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is GL Tech dividend per share?
GL Tech paid ¥0.05 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that GL Tech pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is GL Tech a dividend aristocrat?
No, 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 GL Tech a dividend king?
No, 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 GL Tech a dividend stock?
Yes, GL Tech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is GL Tech a good dividend stock?
Whether GL Tech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. GL Tech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating GL Tech 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.
Other factors to consider when evaluating GL Tech 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.
Does GL Tech pay dividends monthly?
GL Tech typically pays dividends on a annually basis.
Does GL Tech pay dividends quarterly?
GL Tech currently pays dividends on a annually basis.
Has GL Tech ever paid a dividend?
Yes, GL Tech has a history of paying dividends to its shareholders. GL Tech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy GL Tech dividend stocks?
To buy GL Tech 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy GL Tech 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 GL Tech 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.
When does GL Tech pay dividends 2024?
GL Tech pays dividends on a annually basis. 2024 dividend payments are in 2024-06-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will GL Tech increase its dividend in 2024?
Decisions regarding GL Tech dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date GL Tech dividend overview you can look into the above table of dividend history.
How GL Tech dividend works?
The GL Tech dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how GL Tech's dividend process works:
1. Determination of Dividend: GL Tech'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, GL Tech 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, GL Tech 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 GL Tech 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. Determination of Dividend: GL Tech'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, GL Tech 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, GL Tech 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 GL Tech 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.
How are GL Tech dividends paid?
GL Tech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: GL Tech 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, GL Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GL Tech 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.
1. Record Date: GL Tech 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, GL Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GL Tech 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.
How many times does GL Tech pay dividends?
GL Tech typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does GL Tech pay dividends?
The general pattern is that GL Tech pays dividends around November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is GL Tech dividend safe?
The safety of GL Tech's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of GL Tech'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 GL Tech'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.
To assess the safety of GL Tech'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 GL Tech'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.