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MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of Internet of Things terminals and wireless communication modules and solutions worldwide. The company's products include smart terminals, 5G and 4G LTE modules, NB-IoT Modules, smart, and automotive modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm solutions in energy fields. The company was formerly known as Shenzhen MeiG Smart Technology Co., Ltd and changed its name to MeiG Smart Technology Co., Ltd. in December 2017. MeiG Smart Technology Co., Ltd. was founded in 2007 and is headquartered in Shenzhen, China.

MeiG Smart Technology Dividend Announcement

MeiG Smart Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-27
MeiG Smart Technology annual dividend for 2024 was ¥0.10
MeiG Smart Technology annual dividend for 2023 was ¥0.10
MeiG Smart Technology 's trailing twelve-month (TTM) dividend yield is 0.34%
MeiG Smart Technology 's payout ratio for the trailing twelve months (TTM) is 64.26%

MeiG Smart Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-27¥0.10annually2024-05-27
2023-06-02¥0.10annually2023-06-02
2022-06-10¥0.14annually2022-06-10
2021-06-11¥0.02annually2021-06-11
2020-05-29¥0.02annually2020-05-29
2019-06-06¥0.03annually2019-06-06
2018-06-05¥0.10annually2018-06-05

MeiG Smart Technology Dividend per year

MeiG Smart Technology Dividend growth

MeiG Smart Technology Dividend Yield

MeiG Smart Technology current trailing twelve-month (TTM) dividend yield is 0.34%. Interested in purchasing MeiG Smart Technology stock? Use our calculator to estimate your expected dividend yield:

MeiG Smart Technology Financial Ratios

P/E ratio88.41
PEG ratio-13.94
P/B ratio5.05
ROE5.88%
Payout ratio64.26%
Current ratio2.38
Quick ratio1.78
Cash Ratio0.31

MeiG Smart Technology Dividend FAQ

How much is the next MeiG Smart Technology dividend?
MeiG Smart Technology 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MeiG Smart Technology dividend. The next MeiG Smart Technology dividend will be released in June.
When is MeiG Smart Technology dividend paid?
MeiG Smart Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does MeiG Smart Technology pay?
The specific amount of MeiG Smart Technology dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MeiG Smart Technology 's dividend history.
Does MeiG Smart Technology stock pay dividends?
Yes, MeiG Smart Technology does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MeiG Smart Technology 's dividend history.
How much dividend does MeiG Smart Technology pay?
MeiG Smart Technology paid ¥0.1 in 2024, ¥0.1 in 2023, ¥0.136 in 2022, ¥0.02 in 2021, and ¥0.02 in 2020.
How often does MeiG Smart Technology pay dividends?
MeiG Smart Technology typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is MeiG Smart Technology 's dividend yield?
The current dividend yield for MeiG Smart Technology is 0.34%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate MeiG Smart Technology 's exact dividend yield.
When does MeiG Smart Technology go ex dividend?
MeiG Smart Technology 's ex-dividend date for the latest dividend was on 2024-05-27. MeiG Smart Technology typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next MeiG Smart Technology dividend paid?
MeiG Smart Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will MeiG Smart Technology increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether MeiG Smart Technology will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is MeiG Smart Technology dividend per share?
MeiG Smart Technology paid ¥0.1 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that MeiG Smart Technology pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is MeiG Smart Technology a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MeiG Smart Technology a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MeiG Smart Technology a dividend stock?
Yes, MeiG Smart Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MeiG Smart Technology a good dividend stock?
Whether MeiG Smart Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MeiG Smart Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MeiG Smart 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.
Does MeiG Smart Technology pay dividends monthly?
MeiG Smart Technology typically pays dividends on a annually basis.
Does MeiG Smart Technology pay dividends quarterly?
MeiG Smart Technology currently pays dividends on a annually basis.
Has MeiG Smart Technology ever paid a dividend?
Yes, MeiG Smart Technology has a history of paying dividends to its shareholders. MeiG Smart Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MeiG Smart Technology dividend stocks?
To buy MeiG Smart Technology you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy MeiG Smart Technology stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does MeiG Smart Technology pay dividends 2024?
MeiG Smart Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-05-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will MeiG Smart Technology increase its dividend in 2024?
Decisions regarding MeiG Smart Technology dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date MeiG Smart Technology dividend overview you can look into the above table of dividend history.
How MeiG Smart Technology dividend works?
The MeiG Smart Technology dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how MeiG Smart Technology 's dividend process works:

1. Determination of Dividend: MeiG Smart 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, MeiG Smart 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, MeiG Smart 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 MeiG Smart 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.
How are MeiG Smart Technology dividends paid?
MeiG Smart Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MeiG Smart 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, MeiG Smart 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: MeiG Smart 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.
How many times does MeiG Smart Technology pay dividends?
MeiG Smart Technology typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does MeiG Smart Technology pay dividends?
The general pattern is that MeiG Smart Technology pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MeiG Smart Technology dividend safe?
The safety of MeiG Smart Technology 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of MeiG Smart 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 MeiG Smart 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.