Spectra Systems Corporation invents, develops, and sells integrated optical systems in Rhode Island and internationally. It operates through three segments: Authentication Systems, Secure Transactions, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor technology to authenticate banknotes that are used by central banks, as well as G7 country for passport security; banknote cleaning and disinfection systems that lifts sebum and other substances from the banknote through a dry process based on supercritical CO2 cleaning; and solutions to authenticate brand name products. It also provides optical materials for security and quality control, such as fluorescent and phosphorescent pigments and dyes, invisible pigments and dyes, and gasochromic response materials; customized materials and hardware solutions; and internal control systems used to verify the accuracy of transactions logged by providers of lottery and gaming operators. In addition, the company offers software and hardware systems comprising high-speed currency authentication sensors; quality control equipment for use in paper and polymer banknote manufacturing and printing; and security printers and hologram makers. The company was formerly known as Spectra Science Corporation and changed its name to Spectra Systems Corporation in June 2001. Spectra Systems Corporation was incorporated in 1996 and is headquartered in Providence, Rhode Island.
Spectra Systems Dividend Announcement
• Spectra Systems announced a semi annually dividend of £9.14 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-13
• Spectra Systems annual dividend for 2024 was £18.26
• Spectra Systems's trailing twelve-month (TTM) dividend yield is 7.07%
• Spectra Systems's payout ratio for the trailing twelve months (TTM) is 87.35%
Spectra Systems Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-13 | £9.14 | semi annually | 2024-06-28 |
| 2024-06-04 | £9.12 | semi annually | 2024-06-23 |
| 2022-06-01 | £8.77 | semi annually | 2022-06-24 |
| 2021-06-03 | £6.72 | semi annually | 2021-06-25 |
| 2020-06-04 | £7.13 | semi annually | 2020-06-26 |
| 2019-06-06 | £5.51 | semi annually | 2019-06-28 |
| 2018-06-07 | £4.48 | semi annually | 2018-06-29 |
| 2017-06-08 | £3.91 | semi annually | 2017-06-30 |
Spectra Systems Dividend per year
Spectra Systems Dividend growth
Spectra Systems Dividend Yield
Spectra Systems current trailing twelve-month (TTM) dividend yield is 7.07%. Interested in purchasing Spectra Systems stock? Use our calculator to estimate your expected dividend yield:
Spectra Systems Financial Ratios
P/E ratio24.32
PEG ratio-27.79
P/B ratio3.77
ROE16.64%
Payout ratio87.35%
Current ratio1.97
Quick ratio1.48
Cash Ratio1.00
Spectra Systems Dividend FAQ
How much is the next Spectra Systems dividend?
Spectra Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Spectra Systems dividend. The next Spectra Systems dividend will be released in .
When is Spectra Systems dividend paid?
Spectra Systems pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Spectra Systems pay?
The specific amount of Spectra Systems dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Spectra Systems's dividend history.
Does Spectra Systems stock pay dividends?
Yes, Spectra Systems does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Spectra Systems's dividend history.
How much dividend does Spectra Systems pay?
Spectra Systems paid £18.261 in 2024, £0.0 in 2023, £8.769 in 2022, £6.715 in 2021, and £7.132 in 2020.
How often does Spectra Systems pay dividends?
Spectra Systems typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is Spectra Systems's dividend yield?
The current dividend yield for Spectra Systems is 7.07%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Spectra Systems's exact dividend yield.
When does Spectra Systems go ex dividend?
Spectra Systems's ex-dividend date for the latest dividend was on 2024-06-13. Spectra Systems typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Spectra Systems dividend paid?
Spectra Systems pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Spectra Systems increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Spectra Systems will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Spectra Systems dividend per share?
Spectra Systems paid £18.261 per share in 2024 and £0.0 per share in 2023. The amount of dividend per share that Spectra Systems pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Spectra Systems a dividend aristocrat?
No, 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 Spectra Systems a dividend king?
No, 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 Spectra Systems a dividend stock?
Yes, Spectra Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Spectra Systems a good dividend stock?
Whether Spectra Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Spectra Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Spectra Systems 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.
Other factors to consider when evaluating Spectra Systems 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.
Does Spectra Systems pay dividends monthly?
Spectra Systems typically pays dividends on a semi annually basis.
Does Spectra Systems pay dividends quarterly?
Spectra Systems currently pays dividends on a semi annually basis.
Has Spectra Systems ever paid a dividend?
Yes, Spectra Systems has a history of paying dividends to its shareholders. Spectra Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Spectra Systems dividend stocks?
To buy Spectra Systems 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Spectra Systems 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.
Place an order: Use the brokerage's trading platform to place an order to buy Spectra Systems 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.
When does Spectra Systems pay dividends 2024?
Spectra Systems pays dividends on a semi annually basis. 2024 dividend payments are in 2024-06-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Spectra Systems increase its dividend in 2024?
Decisions regarding Spectra Systems dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Spectra Systems dividend overview you can look into the above table of dividend history.
How Spectra Systems dividend works?
The Spectra Systems dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Spectra Systems's dividend process works:
1. Determination of Dividend: Spectra Systems'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, Spectra Systems 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, Spectra Systems 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 Spectra Systems 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. Determination of Dividend: Spectra Systems'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, Spectra Systems 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, Spectra Systems 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 Spectra Systems 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.
How are Spectra Systems dividends paid?
Spectra Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Spectra Systems 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, Spectra Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Spectra Systems 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.
1. Record Date: Spectra Systems 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, Spectra Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Spectra Systems 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.
How many times does Spectra Systems pay dividends?
Spectra Systems typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Spectra Systems pay dividends?
The general pattern is that Spectra Systems pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Spectra Systems dividend safe?
The safety of Spectra Systems's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Spectra Systems'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 Spectra Systems'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.
To assess the safety of Spectra Systems'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 Spectra Systems'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.