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Rakon Limited, together with its subsidiaries, designs, manufactures, and sells frequency control products and timing solutions for various applications in Asia, North America, Europe, and internationally. The company provides crystal resonators, such as tuning fork crystals, space crystals, and standard SMD crystals; and crystal oscillators, voltage control crystal oscillators and surface acoustic wave oscillators, temperature compensated crystal oscillators, oven-controlled crystal oscillators, and oven-controlled SAW oscillators. It also offers a range of crystal filters, including bandpass filters, notch/stop band filters, linear phase or constant group delay filters, phase and/or amplitude matching filters, and monolithic filters; and frequency multipliers. The company's products are used in telecommunications; global positioning; space and defense; aircraft and marine navigation; automotive positioning; autonomous agriculture and mining; emergency locator beacons; and various markets. In addition, it is involved in the provision of financing and marketing support services; and research and development activities. Rakon Limited was founded in 1967 and is headquartered in Auckland, New Zealand.

Rakon Dividend Announcement

• Rakon announced a annually dividend of NZ$0.01 per ordinary share which will be made payable on 2023-08-08. Ex dividend date: 2023-07-20
• Rakon's trailing twelve-month (TTM) dividend yield is -%
• Rakon's payout ratio for the trailing twelve months (TTM) is 91.75%

Rakon Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-07-20NZ$0.01annually2023-08-08

Rakon Dividend per year

Rakon Dividend Yield

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

Rakon Financial Ratios

P/E ratio30.11
PEG ratio-6.62
P/B ratio0.90
ROE3.04%
Payout ratio91.75%
Current ratio3.73
Quick ratio2.10
Cash Ratio0.53

Rakon Dividend FAQ

Does Rakon stock pay dividends?
Rakon does not currently pay dividends to its shareholders.
Has Rakon ever paid a dividend?
No, Rakon has no a history of paying dividends to its shareholders. Rakon is not known for its dividend payments.
Why doesn't Rakon pay dividends?
There are several potential reasons why Rakon 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 Rakon 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 Rakon 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 Rakon a dividend aristocrat?
Rakon 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 Rakon a dividend king?
Rakon 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 Rakon a dividend stock?
No, Rakon 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 Rakon stocks?
To buy Rakon 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 Rakon 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.