Mycronic AB (publ), together with its subsidiaries, develops, manufactures, and sells production equipment for electronics industry in Sweden, rest of Europe, the United States, other Americas, China, South Korea, rest of Asia, and internationally. The company operates through four segments: Pattern Generators, High Flex, High Volume, and Global Technologies. The Pattern Generators segment develops, manufactures, and markets mask writers and measuring machines for production of advanced photomasks for manufacturing of screens for TVs, cars, mobile phones, tablets, and computers, as well as the semiconductor components. The High Flex segment develops, manufactures, and markets surface mount technology (SMT) and inspection equipment for flexible printed circuit board (PCBs) assembly. This segment offers MYPro Line, which integrates advanced jet printing and dispensing, pick-and-place, advanced process control solutions, and 3D inspection systems; MYTower material handling systems; and MYSmart dispensing and coating solutions. The High Volume segment develops, manufactures, and markets equipment for dispensing and conformal coating of circuit boards for manufacturers of mobile phones, tablets, computers, and electronics for electric vehicles, as well as automated screen printers. The Global Technologies segment offers die-bonding services for microelectronics and optoelectronic applications; advanced electrical measurement of bare board PCBs and substrates; flying probe test system, an automated electrical measurement system for low to mid quantities and complex boards; and grid test systems for volume bare board verification. It sells its products through agents and distributors. The company serves industrial, aerospace, defense, automotive, energy, medical, and telecom sectors. The company was formerly known as Micronic Mydata AB (publ) and changed its name to Mycronic AB (publ) in June 2014. Mycronic AB (publ) is headquartered in Täby, Sweden.
Mycronic Dividend Announcement
• Mycronic announced a annually dividend of kr4.50 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-10
• Mycronic annual dividend for 2024 was kr4.50
• Mycronic annual dividend for 2023 was kr3.50
• Mycronic's trailing twelve-month (TTM) dividend yield is 1.08%
• Mycronic's dividend growth over the last five years (2018-2023) was 6.96% year
Mycronic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-10 | kr4.50 | annually | 2024-05-16 |
2023-05-10 | kr3.50 | annually | 2023-05-16 |
2022-05-06 | kr3.00 | annually | 2022-05-12 |
2021-05-06 | kr3.00 | annually | 2021-05-12 |
2020-06-26 | kr2.00 | annually | 2020-07-02 |
2020-05-08 | kr2.00 | annually | |
2019-05-10 | kr3.00 | annually | 2019-05-16 |
2018-05-09 | kr2.50 | annually | 2018-05-16 |
2017-05-05 | kr2.00 | annually | 2017-05-11 |
2016-05-04 | kr2.50 | annually | |
2015-05-06 | kr3.20 | annually | |
2014-07-30 | kr2.50 | annually | |
2014-06-16 | kr2.50 | annually |
Mycronic Dividend per year
Mycronic Dividend growth
Mycronic Dividend Yield
Mycronic current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Mycronic stock? Use our calculator to estimate your expected dividend yield:
Mycronic Financial Ratios
Mycronic Dividend FAQ
Other factors to consider when evaluating Mycronic 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: Mycronic'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, Mycronic 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, Mycronic 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 Mycronic 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: Mycronic 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, Mycronic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mycronic 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 Mycronic'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 Mycronic'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.