Newland Digital Technology Co.,Ltd. provides bar code, financial POS terminal equipment, mobile and other communications, and IoT services in China and internationally. The company offers bar code recognition equipment; POS machines for electronic financial payment; mobile information technology; information services based on the business support systems for mobile and other communication operators; system solutions for the high-speed electromechanical engineering; and system and service platforms, cloud computing, and big data services. It also engages in the information technology solutions, business support domains and network support operations, and infrastructure information services businesses; and electromechanical information technology research and development, system integration, and project implementation businesses. The company was formerly known as Fujian Newland Computer Co., Ltd. and changed its name to Newland Digital Technology Co.,Ltd. in November 2018. Newland Digital Technology Co.,Ltd. was founded in 1994 and is based in Fuzhou, China.
Newland Digital Technology Dividend Announcement
• Newland Digital Technology announced a semi annually dividend of ¥0.33 per ordinary share which will be made payable on 2024-11-19. Ex dividend date: 2024-11-19
• Newland Digital Technology annual dividend for 2024 was ¥0.55
• Newland Digital Technology annual dividend for 2023 was ¥0.28
• Newland Digital Technology's trailing twelve-month (TTM) dividend yield is 2.78%
• Newland Digital Technology's payout ratio for the trailing twelve months (TTM) is 50.87%
• Newland Digital Technology's dividend growth over the last five years (2018-2023) was 28.47% year
Newland Digital Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | ¥0.33 | semi annually | 2024-11-19 |
2024-07-30 | ¥0.22 | semi annually | 2024-07-30 |
2023-10-11 | ¥0.28 | semi annually | 2023-10-11 |
2022-07-13 | ¥0.25 | semi annually | 2022-07-13 |
2021-07-08 | ¥0.35 | semi annually | 2021-07-08 |
2020-08-11 | ¥0.13 | semi annually | 2020-08-11 |
2019-08-07 | ¥0.30 | semi annually | 2019-08-07 |
2018-07-26 | ¥0.08 | semi annually | 2018-07-26 |
2017-07-14 | ¥0.06 | semi annually | 2017-07-14 |
2016-06-27 | ¥0.08 | semi annually | |
2014-07-18 | ¥0.05 | semi annually | |
2013-07-04 | ¥0.08 | semi annually | |
2010-05-19 | ¥0.10 | semi annually |
Newland Digital Technology Dividend per year
Newland Digital Technology Dividend growth
Newland Digital Technology Dividend Yield
Newland Digital Technology current trailing twelve-month (TTM) dividend yield is 2.78%. Interested in purchasing Newland Digital Technology stock? Use our calculator to estimate your expected dividend yield:
Newland Digital Technology Financial Ratios
Newland Digital Technology Dividend FAQ
Other factors to consider when evaluating Newland Digital 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: Newland Digital 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, Newland Digital 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, Newland Digital 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 Newland Digital 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: Newland Digital 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, Newland Digital 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: Newland Digital 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 Newland Digital 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 Newland Digital 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.