Grand Venture Technology Limited engages in manufacturing and selling precision machining and sheet metal components and modules in Singapore, Malaysia, the United States, China, and internationally. The company operates in three segments: Semiconductor; Life Sciences; and Electronics, Medical and Others. The Semiconductor segment manufactures precision machined components, sheet metal manufacturing, and mechatronics assembly. The Life Sciences segment manufactures components of mass spectrometers and liquid chromatography instruments used for various laboratories testing and pharmaceutical applications. The Electronics, Medical and Others segment manufactures consumable parts; manufactures and assembles surgical microscopes; and assembles modules for customers in industrial automation and manufacturing equipment businesses. It also offers precision machining services, such as metals, engineering plastics, ceramic, quartz, and sub-micron machining, as well as manufactures vacuum parts; sheet metal fabrication, including cutting/laser cutting, CNC bending and turret punching, welding and robotic magnesium inert gas welding, and wet painting/powder coating; and modular, electromechanical, mechatronics, and cleanroom assembly services, as well as testing services. The company was incorporated in 2012 and is headquartered in Singapore.
Grand Venture Technology Dividend Announcement
• Grand Venture Technology announced a annually dividend of S$0.00 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-08
• Grand Venture Technology annual dividend for 2024 was S$0.00
• Grand Venture Technology annual dividend for 2023 was S$0.00
• Grand Venture Technology's trailing twelve-month (TTM) dividend yield is 0.18%
• Grand Venture Technology's payout ratio for the trailing twelve months (TTM) is 4.51%
Grand Venture Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-08 | S$0.00 | annually | 2024-05-30 |
2023-05-08 | S$0.00 | annually | 2023-05-19 |
2022-08-24 | S$0.00 | annually | 2022-09-09 |
2022-05-06 | S$0.01 | annually | 2022-05-20 |
2021-08-24 | S$0.01 | annually | 2021-09-10 |
Grand Venture Technology Dividend per year
Grand Venture Technology Dividend growth
Grand Venture Technology Dividend Yield
Grand Venture Technology current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Grand Venture Technology stock? Use our calculator to estimate your expected dividend yield:
Grand Venture Technology Financial Ratios
Grand Venture Technology Dividend FAQ
Other factors to consider when evaluating Grand Venture 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: Grand Venture 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, Grand Venture 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, Grand Venture 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 Grand Venture 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: Grand Venture 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, Grand Venture 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: Grand Venture 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 Grand Venture 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 Grand Venture 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.