JCET Group Co., Ltd. provides integrated-circuit manufacturing and technology services worldwide. The company offers wafer level packaging, system-in-packaging, flip chip, and wire bonding products for various semiconductor applications, such as mobile, communication, compute, consumer, automotive, industry, etc. It also provides design and characterization, research and development, wafer probe, water bump, package assembly, shipment, and test services. The company was formerly known as Jiangsu Changjiang Electronics Technology Co., Ltd. and changed its name to JCET Group Co., Ltd. in November 2019. JCET Group Co., Ltd. was founded in 1972 and is based in Jiangyin, China.
JCET Dividend Announcement
• JCET announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• JCET annual dividend for 2024 was ¥0.10
• JCET annual dividend for 2023 was ¥0.20
• JCET's trailing twelve-month (TTM) dividend yield is 0.26%
• JCET's payout ratio for the trailing twelve months (TTM) is 32.86%
JCET Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.10 | annually | 2024-06-27 |
2023-06-21 | ¥0.20 | annually | 2023-06-21 |
2022-07-14 | ¥0.20 | annually | 2022-07-14 |
2021-07-16 | ¥0.05 | annually | 2021-07-16 |
2018-05-25 | ¥0.03 | annually | 2018-05-25 |
2017-05-26 | ¥0.01 | annually | 2017-05-26 |
2016-06-16 | ¥0.01 | annually | |
2015-05-28 | ¥0.01 | annually | |
2014-06-27 | ¥0.01 | annually | |
2011-05-26 | ¥0.06 | annually | |
2010-05-07 | ¥0.09 | annually | |
2008-04-29 | ¥0.09 | annually |
JCET Dividend per year
JCET Dividend growth
JCET Dividend Yield
JCET current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing JCET stock? Use our calculator to estimate your expected dividend yield:
JCET Financial Ratios
JCET Dividend FAQ
Other factors to consider when evaluating JCET 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: JCET'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, JCET 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, JCET 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 JCET 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: JCET 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, JCET distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JCET 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 JCET'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 JCET'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.