Time Interconnect Technology Limited, an investment holding company, manufactures and sells cable assembly and networking cable products in the People's Republic of China, the United States, the Netherlands, Singapore, the United Kingdom, Hong Kong, Mexico, and internationally. The company offers copper and optical fiber cable assemblies, specialty cables, and servers; and manufactures and trades in robotic products, as well as develops and trades in computer software. It serves customers in the telecommunication, data center, industrial and medical equipment, and automotive wire harness sectors. The company was founded in 1992 and is headquartered in Sha Tin, Hong Kong. Time Interconnect Technology Limited operates as a subsidiary of Luxshare Precision Limited.
Time Interconnect Technology Dividend Announcement
• Time Interconnect Technology announced a quarterly dividend of HK$0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-10-08
• Time Interconnect Technology annual dividend for 2024 was HK$0.02
• Time Interconnect Technology annual dividend for 2023 was HK$0.01
• Time Interconnect Technology's trailing twelve-month (TTM) dividend yield is 0.68%
• Time Interconnect Technology's payout ratio for the trailing twelve months (TTM) is 3.51%
• Time Interconnect Technology's dividend growth over the last five years (2018-2023) was -8.97% year
Time Interconnect Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-08 | HK$0.01 | quarterly | |
2024-09-10 | HK$0.01 | quarterly | 2024-10-09 |
2024-05-31 | HK$0.01 | quarterly | 2024-06-28 |
2023-12-08 | HK$0.01 | quarterly | 2024-01-09 |
2023-08-30 | HK$0.01 | quarterly | 2023-09-26 |
2022-12-12 | HK$0.01 | quarterly | 2023-01-11 |
2022-08-25 | HK$0.01 | quarterly | 2022-09-22 |
2021-12-10 | HK$0.01 | quarterly | 2022-01-07 |
2021-08-25 | HK$0.01 | quarterly | 2021-09-21 |
2020-12-10 | HK$0.01 | quarterly | 2021-01-08 |
2020-09-01 | HK$0.01 | quarterly | 2020-09-25 |
2019-12-06 | HK$0.01 | quarterly | 2020-01-07 |
2019-08-30 | HK$0.02 | quarterly | 2019-09-25 |
2018-12-06 | HK$0.01 | quarterly | 2019-01-08 |
2018-09-12 | HK$0.01 | quarterly | 2018-10-10 |
Time Interconnect Technology Dividend per year
Time Interconnect Technology Dividend growth
Time Interconnect Technology Dividend Yield
Time Interconnect Technology current trailing twelve-month (TTM) dividend yield is 0.68%. Interested in purchasing Time Interconnect Technology stock? Use our calculator to estimate your expected dividend yield:
Time Interconnect Technology Financial Ratios
Time Interconnect Technology Dividend FAQ
Other factors to consider when evaluating Time Interconnect 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: Time Interconnect 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, Time Interconnect 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, Time Interconnect 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 Time Interconnect 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: Time Interconnect 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, Time Interconnect 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: Time Interconnect 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 Time Interconnect 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 Time Interconnect 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.