Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
Silicon Motion Technology Dividend Announcement
• Silicon Motion Technology announced a quarterly dividend of $0.50 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-14
• Silicon Motion Technology annual dividend for 2024 was $2.49
• Silicon Motion Technology annual dividend for 2023 was $0.50
• Silicon Motion Technology's trailing twelve-month (TTM) dividend yield is 4.82%
• Silicon Motion Technology's payout ratio for the trailing twelve months (TTM) is 75.36%
• Silicon Motion Technology's dividend growth over the last five years (2018-2023) was -16.15% year
• Silicon Motion Technology's dividend growth over the last ten years (2013-2023) was -1.86% year
Silicon Motion Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.50 | quarterly | 2024-11-27 |
2024-08-08 | $0.50 | quarterly | 2024-08-22 |
2024-05-08 | $0.50 | quarterly | 2024-05-23 |
2024-02-19 | $0.50 | quarterly | |
2024-02-16 | $0.50 | quarterly | 2024-03-01 |
2023-11-15 | $0.50 | quarterly | 2023-11-30 |
2022-08-10 | $0.50 | quarterly | 2022-08-25 |
2022-05-11 | $0.50 | quarterly | 2022-05-26 |
2022-02-11 | $0.50 | quarterly | 2022-02-25 |
2021-11-09 | $0.50 | quarterly | 2021-11-24 |
2021-08-04 | $0.35 | quarterly | 2021-08-19 |
2021-05-05 | $0.35 | quarterly | 2021-05-20 |
2021-02-12 | $0.35 | quarterly | 2021-02-26 |
2020-11-10 | $0.35 | quarterly | 2020-11-25 |
2020-08-05 | $0.35 | quarterly | 2020-08-20 |
2020-05-06 | $0.35 | quarterly | 2020-05-21 |
2020-02-12 | $0.35 | quarterly | 2020-02-27 |
2019-11-06 | $0.35 | quarterly | 2019-11-21 |
2019-08-07 | $0.30 | quarterly | 2019-08-22 |
2019-05-08 | $0.30 | quarterly | 2019-05-24 |
2019-02-14 | $0.30 | quarterly | 2019-02-27 |
2018-11-08 | $0.30 | quarterly | 2018-11-23 |
2018-08-08 | $0.30 | quarterly | 2018-08-22 |
2018-05-09 | $0.30 | quarterly | 2018-05-23 |
2018-02-09 | $0.30 | quarterly | 2018-02-27 |
2017-11-08 | $0.30 | quarterly | 2017-11-24 |
2017-08-03 | $0.20 | quarterly | 2017-08-17 |
2017-05-03 | $0.20 | quarterly | 2017-05-18 |
2017-02-09 | $0.20 | quarterly | 2017-02-23 |
2016-11-03 | $0.20 | quarterly | 2016-11-17 |
2016-08-03 | $0.15 | quarterly | 2016-08-17 |
2016-05-05 | $0.15 | quarterly | 2016-05-19 |
2016-02-12 | $0.15 | quarterly | 2016-02-26 |
2015-11-05 | $0.15 | quarterly | 2015-11-20 |
2015-08-12 | $0.15 | quarterly | 2015-08-26 |
2015-05-07 | $0.15 | quarterly | 2015-05-21 |
2015-02-10 | $0.15 | quarterly | 2015-02-20 |
2014-11-06 | $0.15 | quarterly | 2014-11-19 |
2014-08-08 | $0.15 | quarterly | 2014-08-20 |
2014-05-06 | $0.15 | quarterly | 2014-05-16 |
2014-02-13 | $0.15 | quarterly | 2014-02-25 |
2013-10-30 | $0.15 | quarterly | 2013-11-08 |
2013-07-30 | $0.15 | quarterly | 2013-08-08 |
2013-05-02 | $0.15 | quarterly | 2013-05-14 |
2013-02-19 | $0.15 | quarterly | 2013-03-04 |
Silicon Motion Technology Dividend per year
Silicon Motion Technology Dividend growth
Silicon Motion Technology Dividend Yield
Silicon Motion Technology current trailing twelve-month (TTM) dividend yield is 4.82%. Interested in purchasing Silicon Motion Technology stock? Use our calculator to estimate your expected dividend yield:
Silicon Motion Technology Financial Ratios
Silicon Motion Technology Dividend FAQ
Other factors to consider when evaluating Silicon Motion 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: Silicon Motion 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, Silicon Motion 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, Silicon Motion 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 Silicon Motion 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: Silicon Motion 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, Silicon Motion 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: Silicon Motion 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 Silicon Motion 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 Silicon Motion 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.