Patec Precision Industry Co., Ltd., together with its subsidiaries, manufactures and sells press machines and parts for automobiles and motorcycles in Singapore, China, Indonesia, and Europe. It provides motorcycle and automobile safety system components, such as door lock parts, seat parts, brake disc shock absorbers, flanges, exhaust system hooks, clutch, and other related safety products, as well as processes automobile components. The company also offers medical device and equipment; and sells of manipulator applications. Patec Precision Industry Co., Ltd. was founded in 1992 and is headquartered in George Town, the Cayman Islands.
Patec Precision Industry Dividend Announcement
• Patec Precision Industry announced a annually dividend of NT$0.48 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-09-25
• Patec Precision Industry annual dividend for 2024 was NT$0.48
• Patec Precision Industry annual dividend for 2023 was NT$0.09
• Patec Precision Industry's trailing twelve-month (TTM) dividend yield is 0.42%
• Patec Precision Industry's payout ratio for the trailing twelve months (TTM) is -189.40%
• Patec Precision Industry's dividend growth over the last five years (2018-2023) was -32.88% year
Patec Precision Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-25 | NT$0.48 | annually | 2024-10-23 |
2023-12-12 | NT$0.09 | annually | 2024-01-10 |
2022-09-16 | NT$0.18 | annually | 2022-10-20 |
2022-07-07 | NT$3.00 | annually | 2022-08-08 |
2021-09-13 | NT$1.87 | annually | 2021-10-13 |
2020-11-24 | NT$0.06 | annually | 2020-12-29 |
2019-09-09 | NT$0.09 | annually | 2019-10-14 |
2018-09-10 | NT$0.67 | annually | 2018-10-12 |
2017-09-13 | NT$1.61 | annually | 2017-10-18 |
2016-11-22 | NT$0.33 | annually | |
2015-10-12 | NT$1.00 | annually |
Patec Precision Industry Dividend per year
Patec Precision Industry Dividend growth
Patec Precision Industry Dividend Yield
Patec Precision Industry current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Patec Precision Industry stock? Use our calculator to estimate your expected dividend yield:
Patec Precision Industry Financial Ratios
Patec Precision Industry Dividend FAQ
Other factors to consider when evaluating Patec Precision Industry 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: Patec Precision Industry'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, Patec Precision Industry 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, Patec Precision Industry 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 Patec Precision Industry 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: Patec Precision Industry 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, Patec Precision Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Patec Precision Industry 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 Patec Precision Industry'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 Patec Precision Industry'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.