Promate Electronic Co.,Ltd. engages in the distribution and sale of electronic/electrical components, and computer software and electrical products in Taiwan. The company operates through Application Specific and LCD Display Product; Linear/Distributed Components; Image Processing ICs; Application Specific ICs; and Others segments. It distributes electronic components, such as integrated circuits for analog, communication, computer, consumer, display, and LED solutions; and value-added design-in services for IT, industrial, communication, automotive, and consumer electronic industries. The company also provides system integration solutions in the areas of software, optical, mechanical, and electrical engineering integration, as well as product development and manufacturing. In addition, it offers consumer electronics, such as TFT LCD monitors and TVs, and netbooks, as well as display and embedded solutions. The company was founded in 1986 and is headquartered in Taipei, Taiwan.
Promate Electronic Dividend Announcement
• Promate Electronic announced a annually dividend of NT$3.46 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-17
• Promate Electronic annual dividend for 2024 was NT$3.46
• Promate Electronic annual dividend for 2023 was NT$3.43
• Promate Electronic's trailing twelve-month (TTM) dividend yield is 4.12%
• Promate Electronic's payout ratio for the trailing twelve months (TTM) is 55.90%
• Promate Electronic's dividend growth over the last five years (2018-2023) was 13.77% year
• Promate Electronic's dividend growth over the last ten years (2013-2023) was 4.54% year
Promate Electronic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | NT$3.46 | annually | 2024-08-16 |
2023-08-11 | NT$3.43 | annually | 2023-09-14 |
2022-07-19 | NT$3.68 | annually | 2022-08-19 |
2021-08-23 | NT$2.67 | annually | 2021-09-10 |
2020-07-23 | NT$2.28 | annually | 2020-08-13 |
2019-07-18 | NT$2.63 | annually | 2019-08-23 |
2018-07-19 | NT$1.80 | annually | 2018-08-23 |
2017-07-20 | NT$2.23 | annually | 2017-08-24 |
2016-07-21 | NT$0.09 | annually | |
2015-07-03 | NT$3.20 | annually | |
2014-07-01 | NT$3.00 | annually | |
2013-07-10 | NT$2.20 | annually |
Promate Electronic Dividend per year
Promate Electronic Dividend growth
Promate Electronic Dividend Yield
Promate Electronic current trailing twelve-month (TTM) dividend yield is 4.12%. Interested in purchasing Promate Electronic stock? Use our calculator to estimate your expected dividend yield:
Promate Electronic Financial Ratios
Promate Electronic Dividend FAQ
Other factors to consider when evaluating Promate Electronic 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.
Place an order: Use the brokerage's trading platform to place an order to buy Promate Electronic stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Promate Electronic'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, Promate Electronic 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, Promate Electronic 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 Promate Electronic 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: Promate Electronic 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, Promate Electronic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Promate Electronic 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 Promate Electronic'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 Promate Electronic'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.