ITEQ Corporation manufactures and sells copper clad laminate materials used for fabrication of printed circuit boards in Taiwan and Asia. It offers mass lamination boards, copper clad laminates, prepreg products, and electronic components. The company's products are used in various application areas, such as computational and communications applications comprising servers, storage, and switches; radio frequency and microwave devices, consisting of 5G and mmWaves; automotive applications, including advanced driver assist systems; and high density interconnect solutions, which include smartphones. It also exports its products. The company was founded in 1997 and is headquartered in Hsinchu City, Taiwan.
ITEQ Dividend Announcement
• ITEQ announced a annually dividend of NT$1.50 per ordinary share which will be made payable on 2024-08-07. Ex dividend date: 2024-07-11
• ITEQ annual dividend for 2024 was NT$1.50
• ITEQ annual dividend for 2023 was NT$3.00
• ITEQ's trailing twelve-month (TTM) dividend yield is 1.89%
• ITEQ's payout ratio for the trailing twelve months (TTM) is 119.01%
• ITEQ's dividend growth over the last five years (2018-2023) was 0.07% year
• ITEQ's dividend growth over the last ten years (2013-2023) was 2.21% year
ITEQ Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | NT$1.50 | annually | 2024-08-07 |
2023-07-10 | NT$3.00 | annually | 2023-08-07 |
2022-06-30 | NT$5.00 | annually | 2022-08-04 |
2021-07-19 | NT$5.00 | annually | 2021-08-06 |
2020-07-06 | NT$4.90 | annually | 2020-08-07 |
2019-07-10 | NT$3.67 | annually | 2019-08-09 |
2018-07-12 | NT$2.99 | annually | 2018-08-09 |
2017-07-03 | NT$2.41 | annually | 2017-08-04 |
2016-07-01 | NT$1.54 | annually | |
2015-07-16 | NT$1.18 | annually | |
2014-08-15 | NT$2.12 | annually | |
2013-07-01 | NT$2.41 | annually |
ITEQ Dividend per year
ITEQ Dividend growth
ITEQ Dividend Yield
ITEQ current trailing twelve-month (TTM) dividend yield is 1.89%. Interested in purchasing ITEQ stock? Use our calculator to estimate your expected dividend yield:
ITEQ Financial Ratios
ITEQ Dividend FAQ
Other factors to consider when evaluating ITEQ 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: ITEQ'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, ITEQ 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, ITEQ 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 ITEQ 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: ITEQ 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, ITEQ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ITEQ 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 ITEQ'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 ITEQ'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.