PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. Its E-payment terminal products include smart E-payment solutions, smart electronic cash register solutions, unattended solutions, smart PayPhone and PayTablet solutions, and classic E-payment solutions, as well as other accessory items. The company also develops PAXSTORE, a cloud-based platform that allows users to create and manage their own independent white-label marketplace for software application distribution; paxRhino, a key injection service; and CyberLab, a payment application cloud test platform that provides professional one-stop online debugging and testing service. In addition, it offers payment solutions services, and maintenance and installation services. The company was founded in 2000 and is headquartered in Wan Chai, Hong Kong.
PAX Global Technology Dividend Announcement
• PAX Global Technology announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-09
• PAX Global Technology annual dividend for 2024 was $0.06
• PAX Global Technology annual dividend for 2023 was $0.05
• PAX Global Technology's trailing twelve-month (TTM) dividend yield is 9.55%
• PAX Global Technology's payout ratio for the trailing twelve months (TTM) is 48.32%
• PAX Global Technology's dividend growth over the last five years (2018-2023) was 38.02% year
PAX Global Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | $0.03 | semi annually | 2024-09-26 |
2024-06-03 | $0.03 | semi annually | 2024-06-27 |
2023-09-04 | $0.03 | semi annually | 2023-09-21 |
2023-06-02 | $0.02 | semi annually | 2023-06-27 |
2022-08-26 | $0.02 | semi annually | 2022-09-16 |
2022-05-27 | $0.02 | semi annually | 2022-06-21 |
2021-08-26 | $0.02 | semi annually | 2021-09-16 |
2021-06-01 | $0.01 | semi annually | |
2021-05-31 | $0.01 | semi annually | 2021-06-22 |
2021-01-04 | $0.01 | semi annually | 2021-01-22 |
2020-08-26 | $0.01 | semi annually | 2020-09-16 |
2020-08-20 | $0.01 | semi annually | |
2020-06-03 | $0.01 | semi annually | 2020-06-24 |
2019-08-21 | $0.01 | semi annually | 2019-09-10 |
2019-05-08 | $0.01 | semi annually | 2019-05-29 |
2018-08-22 | $0.01 | semi annually | 2018-09-11 |
2018-05-09 | $0.01 | semi annually | 2018-05-30 |
2017-08-22 | $0.01 | semi annually | 2017-09-11 |
2017-05-09 | $0.01 | semi annually | 2017-05-29 |
2016-08-23 | $0.01 | semi annually | |
2016-05-09 | $0.00 | semi annually | |
2015-08-20 | $0.00 | semi annually |
PAX Global Technology Dividend per year
PAX Global Technology Dividend growth
PAX Global Technology Dividend Yield
PAX Global Technology current trailing twelve-month (TTM) dividend yield is 9.55%. Interested in purchasing PAX Global Technology stock? Use our calculator to estimate your expected dividend yield:
PAX Global Technology Financial Ratios
PAX Global Technology Dividend FAQ
Other factors to consider when evaluating PAX Global 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: PAX Global 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, PAX Global 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, PAX Global 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 PAX Global 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: PAX Global 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, PAX Global 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: PAX Global 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 PAX Global 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 PAX Global 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.