Micro-Mechanics (Holdings) Ltd. designs, manufactures, and markets high precision parts and tools used in applications for the wafer-fabrication and assembly processes of the semiconductor industry. It operates through five segments: Singapore, Malaysia, The Philippines, USA, and China. The company offers die attach - pick-up products, such as rubber tips, high-temp plastic tools, tungsten carbide tools, sensor assemblies, and vacuum wand tools; die attach - dispensing products, including dispense nozzle adaptors, dispense nozzles, pen dispense assemblies, writing pen nozzle tips, and epoxy stamping tools; and die attach - die ejection products comprising ejector needles, needle holders/pepper pots, and needle holder seals. It also provides thermosonic bonding products that include clamps and electronic flame off products; ultrasonic bonding products comprising clamps, bearing base assemblies, anvils, and wire cutters; and encapsulation products consisting of BGA dispensing nozzles, dispensing manifolds, pump screws, and O-rings. In addition, the company manufactures precision parts and assemblies on a contract basis for OEMs. Micro-Mechanics (Holdings) Ltd. was founded in 1983 and is based in Singapore.
Micro-Mechanics Dividend Announcement
• Micro-Mechanics announced a semi annually dividend of S$0.03 per ordinary share which will be made payable on 2024-11-18. Ex dividend date: 2024-11-07
• Micro-Mechanics annual dividend for 2024 was S$0.06
• Micro-Mechanics annual dividend for 2023 was S$0.09
• Micro-Mechanics's trailing twelve-month (TTM) dividend yield is 3.53%
• Micro-Mechanics's payout ratio for the trailing twelve months (TTM) is 99.12%
• Micro-Mechanics's dividend growth over the last five years (2018-2023) was 12.47% year
• Micro-Mechanics's dividend growth over the last ten years (2013-2023) was 11.61% year
Micro-Mechanics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | S$0.03 | semi annually | 2024-11-18 |
2024-02-05 | S$0.03 | semi annually | 2024-02-19 |
2023-11-03 | S$0.03 | semi annually | 2023-11-17 |
2023-02-06 | S$0.06 | semi annually | 2023-02-17 |
2022-11-04 | S$0.02 | semi annually | 2022-11-18 |
2022-02-09 | S$0.06 | semi annually | 2022-02-22 |
2021-11-08 | S$0.06 | semi annually | 2021-11-19 |
2021-02-15 | S$0.06 | semi annually | 2021-02-25 |
2020-11-05 | S$0.05 | semi annually | 2020-11-19 |
2020-02-18 | S$0.05 | semi annually | 2020-02-28 |
2019-11-06 | S$0.05 | semi annually | 2019-11-19 |
2019-02-04 | S$0.04 | semi annually | 2019-02-18 |
2018-11-02 | S$0.01 | semi annually | 2018-11-20 |
2018-02-01 | S$0.04 | semi annually | 2018-02-13 |
2017-11-03 | S$0.01 | semi annually | 2017-11-17 |
2017-02-13 | S$0.03 | semi annually | 2017-02-27 |
2016-11-04 | S$0.01 | semi annually | |
2016-02-05 | S$0.02 | semi annually | |
2015-11-03 | S$0.02 | semi annually | |
2015-02-05 | S$0.01 | semi annually | |
2014-11-03 | S$0.02 | semi annually | |
2014-01-30 | S$0.01 | semi annually | |
2013-11-01 | S$0.02 | semi annually | |
2013-01-31 | S$0.01 | semi annually |
Micro-Mechanics Dividend per year
Micro-Mechanics Dividend growth
Micro-Mechanics Dividend Yield
Micro-Mechanics current trailing twelve-month (TTM) dividend yield is 3.53%. Interested in purchasing Micro-Mechanics stock? Use our calculator to estimate your expected dividend yield:
Micro-Mechanics Financial Ratios
Micro-Mechanics Dividend FAQ
Other factors to consider when evaluating Micro-Mechanics 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: Micro-Mechanics'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, Micro-Mechanics 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, Micro-Mechanics 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 Micro-Mechanics 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: Micro-Mechanics 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, Micro-Mechanics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Micro-Mechanics 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 Micro-Mechanics'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 Micro-Mechanics'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.