Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. The company provides fiber optic and hybrid cables for high bandwidth transmission of data, video, and voice communications; and copper datacom cables, including unshielded and shielded twisted pair constructions. Its fiber optic connectivity products include fiber optic wall mounts, cabinet mount and rack mount enclosures, pre-terminated fiber optic enclosures, fiber optic connectors, splice trays, fiber optic jumpers, plug and play cassette modules, pre-terminated fiber optic cable assemblies, adapters, and accessories; and copper connectivity products comprising category compliant patch panels, jacks, plugs, patch cords, faceplates, surface mounted boxes, distribution and multi-media boxes, copper rack mount and wall mount enclosures, cable assemblies, cable organizers, and other wiring products for equipment rooms, telecommunications closets, data centers, and workstation applications. In addition, it offers network, data storage, and telecommunications management systems, such as data cabinets, wall mount enclosures, horizontal and vertical cable management systems, and open frame relay racks for enterprise and residential use; and datacom wiring products, including various enclosures, and modules and modular outlets for single dwelling and multiple dwelling residential uses. Further, the company provides specialty fiber optic connectors and connectivity components, copper datacom connectors, and related systems and solutions for military, other harsh environment, and special applications. It sells its products to distributors, original equipment manufacturers, value-added resellers, and end-users. Optical Cable Corporation was incorporated in 1983 and is headquartered in Roanoke, Virginia.
Optical Cable Dividend Announcement
• Optical Cable announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2015-11-20. Ex dividend date: 2015-10-28
• Optical Cable's trailing twelve-month (TTM) dividend yield is -%
Optical Cable Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-10-28 | $0.02 | quarterly | 2015-11-20 |
2015-07-27 | $0.02 | quarterly | 2015-08-14 |
2015-04-24 | $0.02 | quarterly | 2015-05-15 |
2015-01-23 | $0.02 | quarterly | 2015-02-16 |
2014-10-27 | $0.02 | quarterly | 2014-11-14 |
2014-07-25 | $0.02 | quarterly | 2014-08-15 |
2014-04-24 | $0.02 | quarterly | 2014-05-15 |
2014-01-24 | $0.02 | quarterly | 2014-02-14 |
2013-10-25 | $0.02 | quarterly | 2013-11-15 |
2013-07-25 | $0.02 | quarterly | 2013-08-15 |
2013-04-25 | $0.02 | quarterly | 2013-05-15 |
2012-12-13 | $0.02 | quarterly | 2012-12-21 |
2012-10-25 | $0.01 | quarterly | 2012-11-15 |
2012-07-25 | $0.01 | quarterly | 2012-08-15 |
2012-04-25 | $0.01 | quarterly | 2012-05-15 |
2012-01-25 | $0.01 | quarterly | 2012-02-15 |
2011-10-26 | $0.01 | quarterly | 2011-11-15 |
2011-08-03 | $0.01 | quarterly | 2011-09-15 |
2011-05-04 | $0.01 | quarterly | 2011-06-15 |
2011-02-02 | $0.01 | quarterly | 2011-03-15 |
2010-11-03 | $0.01 | quarterly | 2010-12-15 |
Optical Cable Dividend per year
Optical Cable Dividend growth
Optical Cable Dividend Yield
Optical Cable current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Optical Cable stock? Use our calculator to estimate your expected dividend yield:
Optical Cable Financial Ratios
Optical Cable Dividend FAQ
Other factors to consider when evaluating Optical Cable 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: Optical Cable'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, Optical Cable 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, Optical Cable 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 Optical Cable 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: Optical Cable 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, Optical Cable distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Optical Cable 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 Optical Cable'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 Optical Cable'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.