Primax Electronics Ltd., together with its subsidiaries, manufactures and sells computer peripherals and non-computer peripherals in Taiwan and internationally. The company offers gaming/PC peripherals, lighting solutions, wireless charging solutions, docking stations, smart access solutions, and digital door locks/door bells; in-car connected cameras, intelligent gateways, smart sensors and trackers, advanced driver assistance systems camera modules, smartphone camera modules, home IoT cameras, surveillance cameras, multi-function printers, and content creation devices. It also provides gaming headsets, gaming TWS, smart speakers, professional loudspeakers, transducers, and smart conference products; and integrated software and hardware for intelligent manufacturing. In addition, the company offers mobile device components and business devices; speakers, speaker accessories, and their components; computer mice products, keyboards, track pads, etc.; and digital camera modules, mobile phone accessories, scanners, shredders, amplifiers, audio systems, etc. Primax Electronics Ltd. was founded in 1984 and is headquartered in Taipei, Taiwan.
Primax Electronics Dividend Announcement
• Primax Electronics announced a annually dividend of NT$4.00 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-06-20
• Primax Electronics annual dividend for 2024 was NT$4.00
• Primax Electronics annual dividend for 2023 was NT$3.90
• Primax Electronics's trailing twelve-month (TTM) dividend yield is 5.08%
• Primax Electronics's payout ratio for the trailing twelve months (TTM) is 67.86%
• Primax Electronics's dividend growth over the last five years (2018-2023) was 4.03% year
• Primax Electronics's dividend growth over the last ten years (2013-2023) was 10.03% year
Primax Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | NT$4.00 | annually | 2024-07-18 |
2023-07-04 | NT$3.90 | annually | 2023-07-28 |
2022-06-23 | NT$3.10 | annually | 2022-07-21 |
2021-08-09 | NT$3.00 | annually | 2021-09-10 |
2020-07-20 | NT$2.40 | annually | 2020-08-21 |
2019-07-22 | NT$2.40 | annually | 2019-08-23 |
2018-07-05 | NT$3.20 | annually | 2018-08-08 |
2017-06-26 | NT$2.50 | annually | 2017-07-28 |
2016-07-19 | NT$2.10 | annually | |
2015-07-30 | NT$1.80 | annually | |
2014-07-11 | NT$0.80 | annually | |
2013-07-15 | NT$1.50 | annually |
Primax Electronics Dividend per year
Primax Electronics Dividend growth
Primax Electronics Dividend Yield
Primax Electronics current trailing twelve-month (TTM) dividend yield is 5.08%. Interested in purchasing Primax Electronics stock? Use our calculator to estimate your expected dividend yield:
Primax Electronics Financial Ratios
Primax Electronics Dividend FAQ
Other factors to consider when evaluating Primax Electronics 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: Primax Electronics'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, Primax Electronics 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, Primax Electronics 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 Primax Electronics 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: Primax Electronics 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, Primax Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Primax Electronics 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 Primax Electronics'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 Primax Electronics'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.