ITE Tech. Inc, a fabless IC design company, provides I/O, keyboard, and embedded controller technology products in Taiwan and internationally. It offers video link products, including HDMI, display port, MIPI, and high-speed ADC/DAC products; PC I/O and notebook product lines; and digital TV products, such as DTV modulators, front-end receivers, and bridges. The company also provides ccHDTV transmitters and receivers; USB type C products; EPD e-paper IC products; and sensor hub/IOT products. ITE Tech. Inc was founded in 1996 and is headquartered in Hsinchu, Taiwan.
ITE Tech Dividend Announcement
• ITE Tech announced a annually dividend of NT$8.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-10
• ITE Tech annual dividend for 2024 was NT$8.00
• ITE Tech annual dividend for 2023 was NT$6.00
• ITE Tech's trailing twelve-month (TTM) dividend yield is 5.5%
• ITE Tech's payout ratio for the trailing twelve months (TTM) is 78.99%
• ITE Tech's dividend growth over the last five years (2018-2023) was 19.13% year
• ITE Tech's dividend growth over the last ten years (2013-2023) was 23.93% year
ITE Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | NT$8.00 | annually | 2024-08-09 |
2023-06-20 | NT$6.00 | annually | 2023-07-21 |
2022-07-14 | NT$9.00 | annually | 2022-08-18 |
2021-08-26 | NT$6.00 | annually | 2021-09-23 |
2020-07-10 | NT$3.30 | annually | 2020-08-17 |
2019-07-11 | NT$2.70 | annually | 2019-08-16 |
2018-07-12 | NT$2.50 | annually | 2018-08-17 |
2017-07-12 | NT$2.25 | annually | 2017-08-17 |
2016-07-11 | NT$2.00 | annually | |
2015-08-25 | NT$2.00 | annually | |
2014-07-17 | NT$1.19 | annually | |
2013-08-19 | NT$0.70 | annually |
ITE Tech Dividend per year
ITE Tech Dividend growth
ITE Tech Dividend Yield
ITE Tech current trailing twelve-month (TTM) dividend yield is 5.5%. Interested in purchasing ITE Tech stock? Use our calculator to estimate your expected dividend yield:
ITE Tech Financial Ratios
ITE Tech Dividend FAQ
Other factors to consider when evaluating ITE 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.
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1. Determination of Dividend: ITE 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, ITE 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, ITE 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 ITE 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. Record Date: ITE 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, ITE 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: ITE 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.
To assess the safety of ITE 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 ITE 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.