Novatek Microelectronics Corp., together with its subsidiaries, engages in research and development, manufacture, and sale of integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications. The company provides display driver ICs for LCD displays, televisions (TVs), notebook computers, desktop monitors, cameras, tablet PCs, automotive display screens, smart phones, and wearable products; and system on chips products for digital and smart TVs, notebook computers, desktop monitors, mobile phones, tablet PCs, camera modules, dashcam recording, IP cams, car backup camera modules, automotive safety assistance systems, and multimedia and mobile phone camera module applications. It is also involved in the trading and consulting services; offers electronic spare parts; and provision of design, development, amendment, testing, and related consulting services for multimedia VLSI software. The company has operations in Taiwan, Asia, and internationally. Novatek Microelectronics Corp. was incorporated in 1997 and is headquartered in Hsinchu, Taiwan.
Novatek Microelectronics Dividend Announcement
• Novatek Microelectronics announced a annually dividend of NT$32.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-10
• Novatek Microelectronics annual dividend for 2024 was NT$32.00
• Novatek Microelectronics annual dividend for 2023 was NT$37.00
• Novatek Microelectronics's trailing twelve-month (TTM) dividend yield is 6.52%
• Novatek Microelectronics's payout ratio for the trailing twelve months (TTM) is 93.31%
• Novatek Microelectronics's dividend growth over the last five years (2018-2023) was 39.12% year
• Novatek Microelectronics's dividend growth over the last ten years (2013-2023) was 20.80% year
Novatek Microelectronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | NT$32.00 | annually | 2024-08-09 |
2023-07-11 | NT$37.00 | annually | 2023-08-11 |
2022-07-12 | NT$51.50 | annually | 2022-08-12 |
2021-08-17 | NT$15.60 | annually | 2021-09-17 |
2020-07-13 | NT$10.50 | annually | 2020-08-14 |
2019-07-12 | NT$8.80 | annually | 2019-08-15 |
2018-07-12 | NT$7.10 | annually | 2018-08-15 |
2017-07-11 | NT$7.00 | annually | 2017-08-11 |
2016-07-12 | NT$9.00 | annually | |
2015-07-14 | NT$10.00 | annually | |
2014-08-14 | NT$6.00 | annually | |
2013-08-15 | NT$5.59 | annually |
Novatek Microelectronics Dividend per year
Novatek Microelectronics Dividend growth
Novatek Microelectronics Dividend Yield
Novatek Microelectronics current trailing twelve-month (TTM) dividend yield is 6.52%. Interested in purchasing Novatek Microelectronics stock? Use our calculator to estimate your expected dividend yield:
Novatek Microelectronics Financial Ratios
Novatek Microelectronics Dividend FAQ
Other factors to consider when evaluating Novatek Microelectronics 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: Novatek Microelectronics'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, Novatek Microelectronics 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, Novatek Microelectronics 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 Novatek Microelectronics 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: Novatek Microelectronics 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, Novatek Microelectronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Novatek Microelectronics 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 Novatek Microelectronics'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 Novatek Microelectronics'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.