Speed Tech Corp. designs, research and develops, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries worldwide. It offers USB TYPE C receptacle and plug connectors; SAS and slim SAS pin connectors, mini-SAS HD connectors, OCulink connectors; pogo pins; RF switches and coaxial connectors; RJ45 connectors; SMT products; and BTB receptacles and plugs. The company also engages in reinvestment and trading activities; and the manufacturing, processing, and trading of remote control buttons, computer peripherals, data storage media, electronic components, and consumer electronics accessories. In addition, it manufactures and sells metal stamping parts, plastic injection parts, other iron and steel products, and other copper products; and researches, develops, manufactures, and sells electric wires and cables, connecting lines, connectors, computer peripherals, precise die molds, plastic hardware, precise die mold, jig mold, and plastic molding products. Further, it sells printed circuit boards. The company was incorporated in 1990 and is headquartered in Taoyuan City, Taiwan.
Speed Tech Dividend Announcement
• Speed Tech announced a annually dividend of NT$0.32 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-01
• Speed Tech annual dividend for 2024 was NT$0.32
• Speed Tech annual dividend for 2023 was NT$1.84
• Speed Tech's trailing twelve-month (TTM) dividend yield is 0.65%
• Speed Tech's payout ratio for the trailing twelve months (TTM) is 109.16%
Speed Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | NT$0.32 | annually | 2024-08-30 |
2023-07-25 | NT$1.84 | annually | 2023-08-18 |
2022-08-04 | NT$2.50 | annually | 2022-08-30 |
2021-08-26 | NT$2.10 | annually | 2021-09-15 |
2020-08-25 | NT$0.50 | annually | 2020-09-18 |
2016-09-13 | NT$0.50 | annually |
Speed Tech Dividend per year
Speed Tech Dividend growth
Speed Tech Dividend Yield
Speed Tech current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing Speed Tech stock? Use our calculator to estimate your expected dividend yield:
Speed Tech Financial Ratios
Speed Tech Dividend FAQ
Other factors to consider when evaluating Speed Tech 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: Speed Tech'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, Speed Tech 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, Speed Tech 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 Speed Tech 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: Speed Tech 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, Speed Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Speed Tech 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 Speed Tech'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 Speed Tech'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.