Min Aik Technology Co., Ltd. designs, manufactures, and sells ultra-clean and precision components for the hard disk drive industry in Taiwan and internationally. It provides clean room assembly, tooling design fabrication, sheet metal precision stamping tumbling plating, plastic injection molding, and automation equipment customization solutions, as well as chemical lab and quality system facilities. The company also offers information security services; strategic integration services to companies in the computer, networking, communications, consumer, and medical industries; and measurement and analysis services. In addition, it provides OEM/ODM products comprising voice coil actuator assembly, consumer electronics, bamboo-based bioplastic, hard disk components, precision parts, and magnet related products. The company was incorporated in 1979 and is headquartered in Taoyuan City, Taiwan.
Min Aik Technology Dividend Announcement
• Min Aik Technology announced a annually dividend of NT$0.25 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-07-11
• Min Aik Technology annual dividend for 2024 was NT$0.25
• Min Aik Technology annual dividend for 2023 was NT$0.30
• Min Aik Technology's trailing twelve-month (TTM) dividend yield is 0.93%
• Min Aik Technology's payout ratio for the trailing twelve months (TTM) is -1175.75%
Min Aik Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | NT$0.25 | annually | 2024-08-08 |
2023-08-02 | NT$0.30 | annually | 2023-08-28 |
2022-07-08 | NT$1.00 | annually | 2022-07-29 |
2018-07-05 | NT$0.60 | annually | 2018-07-31 |
2017-07-12 | NT$1.26 | annually | 2017-07-31 |
2016-07-13 | NT$3.80 | annually | |
2015-08-11 | NT$2.20 | annually | |
2014-07-14 | NT$2.10 | annually | |
2013-06-06 | NT$4.48 | annually | |
2012-07-04 | NT$3.60 | annually | |
2011-07-06 | NT$4.10 | annually | |
2010-07-26 | NT$2.31 | annually |
Min Aik Technology Dividend per year
Min Aik Technology Dividend growth
Min Aik Technology Dividend Yield
Min Aik Technology current trailing twelve-month (TTM) dividend yield is 0.93%. Interested in purchasing Min Aik Technology stock? Use our calculator to estimate your expected dividend yield:
Min Aik Technology Financial Ratios
Min Aik Technology Dividend FAQ
Other factors to consider when evaluating Min Aik 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.
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1. Determination of Dividend: Min Aik 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, Min Aik 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, Min Aik 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 Min Aik 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.
1. Record Date: Min Aik 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, Min Aik 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: Min Aik 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.
To assess the safety of Min Aik 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 Min Aik 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.