Solomon Technology Corporation operates as an electronic components sales agency primarily in the Asia-Pacific region and China. It offers circuit and load protection, condition monitoring, connection devices, distributed control systems, drives and motors, energy monitoring, human machine interface, independent cart technology, industrial computers and monitors, input/output modules, industrial control products, lighting control, motion control, motor control, networks security and infrastructure, packaged solutions, power supplies, programmable controllers, push buttons & signaling devices, relays and timers, safety instrumented systems, safety products, sensors and switches, and signal interface, as well as software. The company also provides intellectual automation products, such as industrial networking device data acquisition systems; machine vision products; system integration products comprising robot automatic wear belt machines, robot tracking synchronization system, glue dispensing machine, and pickup and down trolley; industrial networking products; robotic arms and finger adaptive gripper products for robot applications. In addition, it offers LCD products; various electronic components; and ODM, OEM, light control, trash can, hand dryer, and soap dispenser products, as well as accessories. The company was founded in 1973 and is headquartered in Taipei, Taiwan.
Solomon Technology Dividend Announcement
• Solomon Technology announced a annually dividend of NT$1.70 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-07-10
• Solomon Technology annual dividend for 2024 was NT$1.70
• Solomon Technology annual dividend for 2023 was NT$1.50
• Solomon Technology's trailing twelve-month (TTM) dividend yield is 1.22%
• Solomon Technology's payout ratio for the trailing twelve months (TTM) is 117.82%
• Solomon Technology's dividend growth over the last five years (2018-2023) was 8.45% year
Solomon Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | NT$1.70 | annually | 2024-07-29 |
2023-07-10 | NT$1.50 | annually | 2023-07-27 |
2022-07-07 | NT$0.90 | annually | 2022-07-22 |
2021-06-28 | NT$0.50 | annually | 2021-07-16 |
2020-06-22 | NT$0.80 | annually | 2020-07-10 |
2019-06-27 | NT$1.10 | annually | 2019-07-15 |
2018-06-21 | NT$1.00 | annually | 2018-07-06 |
2017-06-16 | NT$1.00 | annually | 2017-07-03 |
2016-06-23 | NT$1.00 | annually | |
2015-07-09 | NT$1.00 | annually | |
2011-08-09 | NT$0.33 | annually |
Solomon Technology Dividend per year
Solomon Technology Dividend growth
Solomon Technology Dividend Yield
Solomon Technology current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing Solomon Technology stock? Use our calculator to estimate your expected dividend yield:
Solomon Technology Financial Ratios
Solomon Technology Dividend FAQ
Other factors to consider when evaluating Solomon 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: Solomon 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, Solomon 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, Solomon 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 Solomon 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: Solomon 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, Solomon 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: Solomon 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 Solomon 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 Solomon 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.