Impro Precision Industries Limited develops, produces, and sells casting products and precision machining parts in the United States, Europe, the People's Republic of China, and internationally. It operates in four segments: Investment Casting, Precision Machining, Sand Casting, and Surface Treatment. The company offers passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical components. It also offers surface treatment services, such as plating, anodizing, painting, and coating. In addition, the company manages logistic centers and warehouses, as well as provides customer maintenance services. It serves automotive, high horsepower engine, construction equipment, agricultural equipment, hydraulic equipment, aerospace, medical, energy, recreational boat and vehicles, fire and security systems, telecommunication, forestry, and the food processing industries. The company was founded in 1998 and is headquartered in Wan Chai, Hong Kong.
Impro Precision Industries Dividend Announcement
• Impro Precision Industries announced a semi annually dividend of HK$0.08 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-21
• Impro Precision Industries annual dividend for 2024 was HK$0.16
• Impro Precision Industries annual dividend for 2023 was HK$0.16
• Impro Precision Industries's trailing twelve-month (TTM) dividend yield is 7.44%
• Impro Precision Industries's payout ratio for the trailing twelve months (TTM) is 51.49%
Impro Precision Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | HK$0.08 | semi annually | 2024-09-06 |
2024-03-25 | HK$0.08 | semi annually | |
2023-08-21 | HK$0.08 | semi annually | 2023-09-06 |
2023-03-22 | HK$0.08 | semi annually | 2023-04-06 |
2022-08-24 | HK$0.08 | semi annually | 2022-09-08 |
2022-03-23 | HK$0.07 | semi annually | 2022-04-08 |
2021-08-25 | HK$0.03 | semi annually | 2021-09-09 |
2021-05-06 | HK$0.02 | semi annually | 2021-05-24 |
2020-08-26 | HK$0.02 | semi annually | 2020-09-10 |
2020-05-14 | HK$0.03 | semi annually | 2020-05-29 |
2019-09-04 | HK$0.04 | semi annually | 2019-09-20 |
Impro Precision Industries Dividend per year
Impro Precision Industries Dividend growth
Impro Precision Industries Dividend Yield
Impro Precision Industries current trailing twelve-month (TTM) dividend yield is 7.44%. Interested in purchasing Impro Precision Industries stock? Use our calculator to estimate your expected dividend yield:
Impro Precision Industries Financial Ratios
Impro Precision Industries Dividend FAQ
Other factors to consider when evaluating Impro Precision Industries 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: Impro Precision Industries'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, Impro Precision Industries 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, Impro Precision Industries 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 Impro Precision Industries 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: Impro Precision Industries 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, Impro Precision Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Impro Precision Industries 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 Impro Precision Industries'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 Impro Precision Industries'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.