Min Aik Precision Industrial Co., Ltd., an investment holding company, processes and manufactures electroplating of aluminum and copper products, precision stamping components, and electroless nickel plating products. The company offers precision stamping components, such as voice coil motor plates, disk clamps, balance weights, insert plates, bobbins, stiffeners, top covers, pins, etc. for use in hard disk drive applications. It also provides precision stamping components for use in mobile phones, tablets, LCD panels, projectors, fingerprint modules, and other related products; precision metal stamping parts to large-size aluminum sheets that is used in automotive industry; heat sinks, primarily copper based metal with various surface treatment conditions, such as sand blasting, nickel plating, silicon oxide, gold plating, etc. for use in high-end servers, communication devices, and consumer electronics; and other product applications, such as electronic shielding, as well as industrial equipment, sewing machine, medical equipment, and other related metal stamping parts. In addition, the company engages in the design, manufacture, sale, and after-sales service of medical injection, molding, and automatic machines. It operates in Taiwan, Malaysia, Singapore, China, the United States, Thailand, and internationally. The company was formerly known as Ming-En Color-Coating Co., Ltd. and changed its name to Min Aik Precision Industrial Co., Ltd. in September 2003. Min Aik Precision Industrial Co., Ltd. was incorporated in 2001 and is headquartered in Taoyuan, Taiwan.
Min Aik Precision Industrial Dividend Announcement
• Min Aik Precision Industrial announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-06-27
• Min Aik Precision Industrial annual dividend for 2024 was NT$1.00
• Min Aik Precision Industrial annual dividend for 2023 was NT$1.50
• Min Aik Precision Industrial's trailing twelve-month (TTM) dividend yield is 1.71%
• Min Aik Precision Industrial's payout ratio for the trailing twelve months (TTM) is 68.55%
• Min Aik Precision Industrial's dividend growth over the last five years (2018-2023) was 24.57% year
• Min Aik Precision Industrial's dividend growth over the last ten years (2013-2023) was 18.71% year
Min Aik Precision Industrial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-27 | NT$1.00 | annually | 2024-07-17 |
| 2023-07-26 | NT$1.50 | annually | 2023-08-23 |
| 2022-07-06 | NT$0.70 | annually | 2022-07-28 |
| 2021-08-02 | NT$0.55 | annually | 2021-08-20 |
| 2020-07-02 | NT$0.35 | annually | 2020-07-30 |
| 2019-07-04 | NT$0.35 | annually | 2019-08-02 |
| 2018-07-25 | NT$0.50 | annually | 2018-08-16 |
| 2017-08-24 | NT$2.25 | annually | 2017-09-15 |
| 2016-06-23 | NT$5.50 | annually | |
| 2015-08-12 | NT$5.64 | annually | |
| 2014-05-26 | NT$2.31 | annually | |
| 2013-07-04 | NT$0.27 | annually |
Min Aik Precision Industrial Dividend per year
Min Aik Precision Industrial Dividend growth
Min Aik Precision Industrial Dividend Yield
Min Aik Precision Industrial current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing Min Aik Precision Industrial stock? Use our calculator to estimate your expected dividend yield:
Min Aik Precision Industrial Financial Ratios
P/E ratio27.14
PEG ratio-0.39
P/B ratio2.36
ROE8.83%
Payout ratio68.55%
Current ratio2.16
Quick ratio1.65
Cash Ratio0.95
Min Aik Precision Industrial Dividend FAQ
How much is the next Min Aik Precision Industrial dividend?
Min Aik Precision Industrial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Min Aik Precision Industrial dividend. The next Min Aik Precision Industrial dividend will be released in July.
When is Min Aik Precision Industrial dividend paid?
Min Aik Precision Industrial pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Min Aik Precision Industrial pay?
The specific amount of Min Aik Precision Industrial 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 Min Aik Precision Industrial's dividend history.
Does Min Aik Precision Industrial stock pay dividends?
Yes, Min Aik Precision Industrial 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 Min Aik Precision Industrial's dividend history.
How much dividend does Min Aik Precision Industrial pay?
Min Aik Precision Industrial paid NT$1.0 in 2024, NT$1.5 in 2023, NT$0.7 in 2022, NT$0.55 in 2021, and NT$0.35 in 2020.
How often does Min Aik Precision Industrial pay dividends?
Min Aik Precision Industrial 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 July.
What is Min Aik Precision Industrial's dividend yield?
The current dividend yield for Min Aik Precision Industrial is 1.71%. 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 Min Aik Precision Industrial's exact dividend yield.
When does Min Aik Precision Industrial go ex dividend?
Min Aik Precision Industrial's ex-dividend date for the latest dividend was on 2024-06-27. Min Aik Precision Industrial 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 Min Aik Precision Industrial dividend paid?
Min Aik Precision Industrial pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Min Aik Precision Industrial 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 Min Aik Precision Industrial 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 Min Aik Precision Industrial dividend per share?
Min Aik Precision Industrial paid NT$1.0 per share in 2024 and NT$1.5 per share in 2023. The amount of dividend per share that Min Aik Precision Industrial 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 Min Aik Precision Industrial 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 Min Aik Precision Industrial 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 Min Aik Precision Industrial a dividend stock?
Yes, Min Aik Precision Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Min Aik Precision Industrial a good dividend stock?
Whether Min Aik Precision Industrial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Min Aik Precision Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Min Aik Precision Industrial 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 Min Aik Precision Industrial 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 Min Aik Precision Industrial pay dividends monthly?
Min Aik Precision Industrial typically pays dividends on a annually basis.
Does Min Aik Precision Industrial pay dividends quarterly?
Min Aik Precision Industrial currently pays dividends on a annually basis.
Has Min Aik Precision Industrial ever paid a dividend?
Yes, Min Aik Precision Industrial has a history of paying dividends to its shareholders. Min Aik Precision Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Min Aik Precision Industrial dividend stocks?
To buy Min Aik Precision Industrial 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 Min Aik Precision Industrial 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 Min Aik Precision Industrial 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 Min Aik Precision Industrial pay dividends 2024?
Min Aik Precision Industrial pays dividends on a annually basis. 2024 dividend payments are in 2024-07-17. 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 Min Aik Precision Industrial increase its dividend in 2024?
Decisions regarding Min Aik Precision Industrial 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 Min Aik Precision Industrial dividend overview you can look into the above table of dividend history.
How Min Aik Precision Industrial dividend works?
The Min Aik Precision Industrial 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 Min Aik Precision Industrial's dividend process works:
1. Determination of Dividend: Min Aik Precision Industrial'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, Min Aik Precision Industrial 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, Min Aik Precision Industrial 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 Min Aik Precision Industrial 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: Min Aik Precision Industrial'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, Min Aik Precision Industrial 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, Min Aik Precision Industrial 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 Min Aik Precision Industrial 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 Min Aik Precision Industrial dividends paid?
Min Aik Precision Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Min Aik Precision Industrial 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, Min Aik Precision Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Min Aik Precision Industrial 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: Min Aik Precision Industrial 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, Min Aik Precision Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Min Aik Precision Industrial 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 Min Aik Precision Industrial pay dividends?
Min Aik Precision Industrial 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 Min Aik Precision Industrial pay dividends?
The general pattern is that Min Aik Precision Industrial pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Min Aik Precision Industrial dividend safe?
The safety of Min Aik Precision Industrial'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 Min Aik Precision Industrial'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 Min Aik Precision Industrial'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 Min Aik Precision Industrial'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 Min Aik Precision Industrial'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.