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Globetronics Technology Bhd., an investment holding company, engages in the manufacture, assembly, testing, and sale of integrated circuits, optoelectronic products, and chip carrier quartz crystal products. It also offers small outline components, sensors and optical products, and light-emitting diodes components and modules; trades in electronics/semiconductor components; and provides computer hardware and software, system solutions, and consultations, as well as technical plating services. In, addition it engages in property investment and letting of real estate properties. The company serves semiconductor and electronics industries. It operates in Malaysia, Singapore, the United States, and internationally. The company was founded in 1991 and is based in Bayan Lepas, Malaysia.

Globetronics Technology Dividend Announcement

Globetronics Technology announced a quarterly dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-03-12
Globetronics Technology annual dividend for 2024 was RM0.01
Globetronics Technology annual dividend for 2023 was RM0.03
Globetronics Technology's trailing twelve-month (TTM) dividend yield is 2.31%
Globetronics Technology's payout ratio for the trailing twelve months (TTM) is 90.48%
Globetronics Technology's dividend growth over the last five years (2018-2023) was -19.58% year
Globetronics Technology's dividend growth over the last ten years (2013-2023) was -9.60% year

Globetronics Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-12RM0.01quarterly
2023-11-17RM0.01quarterly
2023-07-04RM0.01quarterly
2023-03-10RM0.01quarterly
2022-11-23RM0.01quarterly
2022-11-17RM0.01quarterly
2022-07-04RM0.01quarterly
2022-03-11RM0.02quarterly
2021-11-17RM0.01quarterly
2021-06-18RM0.01quarterly
2021-03-12RM0.02quarterly
2020-11-17RM0.01quarterly
2020-06-17RM0.01quarterly
2020-03-13RM0.02quarterly
2019-11-15RM0.01quarterly
2019-06-19RM0.01quarterly
2019-03-11RM0.02quarterly
2018-11-19RM0.02quarterly
2018-06-27RM0.02quarterly
2018-03-15RM0.03quarterly
2017-11-07RM0.03quarterly
2017-06-16RM0.03quarterly
2017-03-13RM0.03quarterly
2016-10-20RM0.06quarterly
2016-06-16RM0.03quarterly
2016-03-11RM0.06quarterly
2015-10-20RM0.04quarterly
2015-06-16RM0.03quarterly
2015-03-11RM0.05quarterly
2014-10-21RM0.05quarterly
2014-06-18RM0.02quarterly
2014-03-12RM0.04quarterly
2013-10-16RM0.03quarterly
2013-06-19RM0.01quarterly
2013-03-13RM0.03quarterly

Globetronics Technology Dividend per year

Globetronics Technology Dividend growth

Globetronics Technology Dividend Yield

Globetronics Technology current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing Globetronics Technology stock? Use our calculator to estimate your expected dividend yield:

Globetronics Technology Financial Ratios

P/E ratio16.86
PEG ratio-1.19
P/B ratio1.42
ROE8.51%
Payout ratio90.48%
Current ratio10.21
Quick ratio9.94
Cash Ratio6.22

Globetronics Technology Dividend FAQ

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