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Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. It offers VTrak storage appliances for multi-user collaboration to ingest, edit, stream, and process media; Vess storage appliances for IP video surveillance installations; and Apollo Cloud, a cloud to store and share photos and videos through phones, tablets, or laptops. The company also provides Pegasus, a Thunderbolt 3 RAID storage solution for creative enthusiasts and professionals; and SANLink, a Thunderbolt bridge adapter, which eliminates bottlenecks through the introduction of fiber channel or 10 Gb Ethernet connectivity. In addition, it offers media, surveillance, and IT and ODM solutions, as well as warranty, onsite hardware replacement, and installation services. The company was founded in 1988 and is headquartered in Hsinchu City, Taiwan.

Promise Technology Dividend Announcement

• Promise Technology announced a annually dividend of NT$0.30 per ordinary share which will be made payable on . Ex dividend date: 2016-09-02
• Promise Technology's trailing twelve-month (TTM) dividend yield is -%

Promise Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-09-02NT$0.30annually
2015-07-20NT$1.98annually
2014-07-24NT$1.60annually
2013-07-17NT$0.36annually
2010-09-15NT$0.75annually
2009-08-10NT$0.61annually
2007-10-08NT$0.08annually
2005-09-02NT$0.10annually
2004-09-09NT$1.65annually
2003-07-24NT$1.68annually

Promise Technology Dividend per year

Promise Technology Dividend growth

Promise Technology Dividend Yield

Promise Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Promise Technology stock? Use our calculator to estimate your expected dividend yield:

Promise Technology Financial Ratios

P/E ratio-9.13
PEG ratio-0.38
P/B ratio1.66
ROE-17.14%
Payout ratio0.00%
Current ratio2.45
Quick ratio1.35
Cash Ratio1.12

Promise Technology Dividend FAQ

Does Promise Technology stock pay dividends?
Promise Technology does not currently pay dividends to its shareholders.
Has Promise Technology ever paid a dividend?
No, Promise Technology has no a history of paying dividends to its shareholders. Promise Technology is not known for its dividend payments.
Why doesn't Promise Technology pay dividends?
There are several potential reasons why Promise Technology would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Promise Technology ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Promise Technology has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Promise Technology a dividend aristocrat?
Promise Technology is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Promise Technology a dividend king?
Promise Technology is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Promise Technology a dividend stock?
No, Promise Technology is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Promise Technology stocks?
To buy Promise Technology you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Promise Technology 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.