Micro-Tech (Nanjing) Co., Ltd. manufactures and sells non-vascular stents and disposable biopsy forceps primarily in China, Europe, North America, Oceania, etc. The company offers gastroenterology products, such as biliary (longwire), biliary (shortwire), biopsy, dilation and hemostasis products, EUS, nitinol stents, resection products, retrieval devices, and accessories; and pulmonology products, such as airway stents, biopsy, dilation balloons, cytology brushes, retrieval devices, and accessories. The company also offers OEM/ODM services to companies in the medical devices field. Micro-Tech (Nanjing) Co., Ltd. was founded in 1999 and is based in Nanjing, China.
Micro-Tech Dividend Announcement
• Micro-Tech announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
• Micro-Tech annual dividend for 2024 was ¥1.50
• Micro-Tech annual dividend for 2023 was ¥0.55
• Micro-Tech's trailing twelve-month (TTM) dividend yield is 2.82%
• Micro-Tech's payout ratio for the trailing twelve months (TTM) is 67.72%
Micro-Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | ¥0.50 | semi annually | 2024-10-11 |
2024-06-24 | ¥1.00 | semi annually | 2024-06-24 |
2023-06-07 | ¥0.55 | semi annually | |
2022-06-10 | ¥1.05 | semi annually | |
2021-05-27 | ¥0.60 | semi annually | |
2020-05-12 | ¥1.00 | semi annually |
Micro-Tech Dividend per year
Micro-Tech Dividend growth
Micro-Tech Dividend Yield
Micro-Tech current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing Micro-Tech stock? Use our calculator to estimate your expected dividend yield:
Micro-Tech Financial Ratios
Micro-Tech Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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