Mi Technovation Berhad, an investment holding company, designs, develops, manufactures, and sells wafer level chip scale packaging (WLCSP) sorting machines for the semiconductor industry in Southeast Asia, Northeast Asia, and North Atlantic. The company operates through three segments: Semiconductor Equipment Business Unit, Semiconductor Material Business Unit, and Others. It offers Mi and Vi series products for advanced packaging die and package sorting machines with vision inspection and other applicable functions, as well as wafer and package inspection in 2D and 3D modes for smartphones, tablets, wireless wearable devices, Bluetooth, near field sensing, and sensor applications. The company also provides Ai series product, a precision bonding machine for extra fine pitch with think die and substrate thickness used in telecommunications industry, GPU and CPU for high performance computing application in AI and blockchain, and image sensor and memory applications; and Si series, a final and power test equipment for high power and fine pitch devices used in electric vehicles and telecommunications applications. In addition, it is involved in the provision of maintenance services and technical support for its machines; sale of related spare parts and components; and manufacture and sale of solder spheres and other semiconductor-related materials. The company was formerly known as Mi Equipment Holdings Berhad and changed its name to Mi Technovation Berhad in December 2018. Mi Technovation Berhad was founded in 2007 and is headquartered in Bayan Lepas, Malaysia.
Mi Technovation Berhad Dividend Announcement
• Mi Technovation Berhad announced a quarterly dividend of RM0.04 per ordinary share which will be made payable on 2024-12-30. Ex dividend date: 2024-12-09
• Mi Technovation Berhad annual dividend for 2024 was RM0.08
• Mi Technovation Berhad annual dividend for 2023 was RM0.04
• Mi Technovation Berhad's trailing twelve-month (TTM) dividend yield is 3.72%
• Mi Technovation Berhad's payout ratio for the trailing twelve months (TTM) is 68.15%
• Mi Technovation Berhad's dividend growth over the last five years (2018-2023) was -4.36% year
Mi Technovation Berhad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-09 | RM0.04 | quarterly | 2024-12-30 |
| 2024-08-29 | RM0.03 | quarterly | 2024-09-18 |
| 2024-03-07 | RM0.02 | quarterly | 2024-03-25 |
| 2023-08-24 | RM0.02 | quarterly | 2023-09-11 |
| 2023-03-07 | RM0.02 | quarterly | 2023-03-21 |
| 2022-08-11 | RM0.01 | quarterly | 2022-08-26 |
| 2022-05-18 | RM0.01 | quarterly | 2022-06-02 |
| 2022-03-07 | RM0.02 | quarterly | 2022-03-22 |
| 2021-11-16 | RM0.03 | quarterly | 2021-11-30 |
| 2020-11-09 | RM0.03 | quarterly | 2020-11-23 |
| 2020-03-05 | RM0.03 | quarterly | 2020-03-20 |
| 2019-06-17 | RM0.01 | quarterly | 2019-07-12 |
| 2018-11-29 | RM0.02 | quarterly | 2018-12-21 |
| 2018-08-08 | RM0.03 | quarterly | 2018-08-30 |
Mi Technovation Berhad Dividend per year
Mi Technovation Berhad Dividend growth
Mi Technovation Berhad Dividend Yield
Mi Technovation Berhad current trailing twelve-month (TTM) dividend yield is 3.72%. Interested in purchasing Mi Technovation Berhad stock? Use our calculator to estimate your expected dividend yield:
Mi Technovation Berhad Financial Ratios
P/E ratio32.45
PEG ratio0.13
P/B ratio1.85
ROE5.48%
Payout ratio68.15%
Current ratio9.02
Quick ratio6.84
Cash Ratio3.58
Mi Technovation Berhad Dividend FAQ
How much is the next Mi Technovation Berhad dividend?
Mi Technovation Berhad's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mi Technovation Berhad dividend. The next Mi Technovation Berhad dividend will be released in March, or August.
When is Mi Technovation Berhad dividend paid?
Mi Technovation Berhad pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, and August. 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 Mi Technovation Berhad pay?
The specific amount of Mi Technovation Berhad 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 Mi Technovation Berhad's dividend history.
Does Mi Technovation Berhad stock pay dividends?
Yes, Mi Technovation Berhad 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 Mi Technovation Berhad's dividend history.
How much dividend does Mi Technovation Berhad pay?
Mi Technovation Berhad paid RM0.08 in 2024, RM0.04 in 2023, RM0.04 in 2022, RM0.03 in 2021, and RM0.06 in 2020.
How often does Mi Technovation Berhad pay dividends?
Mi Technovation Berhad typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, and August.
What is Mi Technovation Berhad's dividend yield?
The current dividend yield for Mi Technovation Berhad is 3.72%. 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 Mi Technovation Berhad's exact dividend yield.
When does Mi Technovation Berhad go ex dividend?
Mi Technovation Berhad's ex-dividend date for the latest dividend was on 2024-12-09. Mi Technovation Berhad 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 Mi Technovation Berhad dividend paid?
Mi Technovation Berhad pays dividends on a quarterly basis, typically around March, or August, but the exact dates can vary each year.
Will Mi Technovation Berhad 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 Mi Technovation Berhad 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 Mi Technovation Berhad dividend per share?
Mi Technovation Berhad paid RM0.08 per share in 2024 and RM0.04 per share in 2023. The amount of dividend per share that Mi Technovation Berhad 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 Mi Technovation Berhad 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 Mi Technovation Berhad 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 Mi Technovation Berhad a dividend stock?
Yes, Mi Technovation Berhad is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mi Technovation Berhad a good dividend stock?
Whether Mi Technovation Berhad is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mi Technovation Berhad has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mi Technovation Berhad 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.
Other factors to consider when evaluating Mi Technovation Berhad 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 Mi Technovation Berhad pay dividends monthly?
Mi Technovation Berhad typically pays dividends on a quarterly basis.
Does Mi Technovation Berhad pay dividends quarterly?
Mi Technovation Berhad currently pays dividends on a quarterly basis.
Has Mi Technovation Berhad ever paid a dividend?
Yes, Mi Technovation Berhad has a history of paying dividends to its shareholders. Mi Technovation Berhad is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mi Technovation Berhad dividend stocks?
To buy Mi Technovation Berhad 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 Mi Technovation Berhad 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mi Technovation Berhad 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 Mi Technovation Berhad pay dividends 2024?
Mi Technovation Berhad pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-30. 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 Mi Technovation Berhad increase its dividend in 2024?
Decisions regarding Mi Technovation Berhad 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 Mi Technovation Berhad dividend overview you can look into the above table of dividend history.
How Mi Technovation Berhad dividend works?
The Mi Technovation Berhad 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 Mi Technovation Berhad's dividend process works:
1. Determination of Dividend: Mi Technovation Berhad'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, Mi Technovation Berhad 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, Mi Technovation Berhad 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 Mi Technovation Berhad 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. Determination of Dividend: Mi Technovation Berhad'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, Mi Technovation Berhad 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, Mi Technovation Berhad 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 Mi Technovation Berhad 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 Mi Technovation Berhad dividends paid?
Mi Technovation Berhad dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mi Technovation Berhad 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, Mi Technovation Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mi Technovation Berhad 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.
1. Record Date: Mi Technovation Berhad 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, Mi Technovation Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mi Technovation Berhad 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 Mi Technovation Berhad pay dividends?
Mi Technovation Berhad typically pays dividends on a quarterly 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 Mi Technovation Berhad pay dividends?
The general pattern is that Mi Technovation Berhad pays dividends around March, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mi Technovation Berhad dividend safe?
The safety of Mi Technovation Berhad'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 Mi Technovation Berhad'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 Mi Technovation Berhad'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.
To assess the safety of Mi Technovation Berhad'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 Mi Technovation Berhad'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.