Jack Technology Co., Ltd designs and manufactures sewing equipment in China and internationally. The company provides spreading, automatic cutting, lockstitch, overlock, interlock, special, and automatic pocket welting machines, as well as motors. It offers its products under Toka Horse, Mica, and Zhongbang brands. The company's products are used in various industries, such as apparel, footwear, luggage, furniture, leather, automotive, aerospace, etc. The company was formerly known as Jack Sewing Machine Co., Ltd. Jack Technology Co., Ltd was founded in 1995 and is based in Taizhou, China.
Jack Technology Dividend Announcement
• Jack Technology announced a semi annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-11-11. Ex dividend date: 2024-11-11
• Jack Technology annual dividend for 2024 was ¥0.80
• Jack Technology annual dividend for 2023 was ¥0.32
• Jack Technology's trailing twelve-month (TTM) dividend yield is 2.66%
• Jack Technology's payout ratio for the trailing twelve months (TTM) is 54.45%
• Jack Technology's dividend growth over the last five years (2018-2023) was -7.79% year
Jack Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-11 | ¥0.30 | semi annually | 2024-11-11 |
2024-07-09 | ¥0.50 | semi annually | 2024-07-09 |
2023-06-29 | ¥0.32 | semi annually | 2023-06-29 |
2022-05-26 | ¥0.32 | semi annually | 2022-05-26 |
2021-06-21 | ¥0.26 | semi annually | 2021-06-21 |
2020-05-27 | ¥0.14 | semi annually | 2020-05-27 |
2019-06-05 | ¥0.52 | semi annually | 2019-06-05 |
2018-06-14 | ¥0.48 | semi annually | 2018-06-14 |
2017-07-13 | ¥0.33 | semi annually | 2017-07-13 |
Jack Technology Dividend per year
Jack Technology Dividend growth
Jack Technology Dividend Yield
Jack Technology current trailing twelve-month (TTM) dividend yield is 2.66%. Interested in purchasing Jack Technology stock? Use our calculator to estimate your expected dividend yield:
Jack Technology Financial Ratios
Jack Technology Dividend FAQ
Other factors to consider when evaluating Jack 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: Jack 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, Jack 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, Jack 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 Jack 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: Jack 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, Jack 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: Jack 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 Jack 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 Jack 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.