Tongfu Microelectronics Co.,Ltd provides integrated circuit (IC) packaging and testing services to the semiconductor industry. It offers wafer probe, strip testing, final testing, and system level testing semiconductor testing services; test platform and engineering services for analog and mixed signal, automotive, radio frequency, high-performance calculated devices, baseband ,memory devices, LCD driver devices, SiP devices, power module devices, and integrated circuits; and test products that includes CPU, GPU, gaming consoles, and networking products. The company was formerly known as Nantong Fujitsu Microelectronics Co., Ltd. and changed its name to Tongfu Microelectronics Co.,Ltd in December 2016. Tongfu Microelectronics Co.,Ltd was founded in 1997 and is headquartered in Nantong, China.
Tongfu Microelectronics Dividend Announcement
• Tongfu Microelectronics announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-06-25
• Tongfu Microelectronics annual dividend for 2024 was ¥0.01
• Tongfu Microelectronics annual dividend for 2023 was ¥0.10
• Tongfu Microelectronics's trailing twelve-month (TTM) dividend yield is 0.04%
• Tongfu Microelectronics's payout ratio for the trailing twelve months (TTM) is 70.37%
Tongfu Microelectronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-25 | ¥0.01 | annually | 2024-06-25 |
2023-05-30 | ¥0.10 | annually | 2023-05-30 |
2021-06-23 | ¥0.03 | annually | 2021-06-23 |
2019-05-16 | ¥0.04 | annually | 2019-05-16 |
2016-05-31 | ¥0.02 | annually | |
2015-10-29 | ¥0.02 | annually | |
2014-05-29 | ¥0.02 | annually | |
2013-06-26 | ¥0.02 | annually | |
2012-10-19 | ¥0.01 | annually | |
2010-06-11 | ¥0.10 | annually | |
2009-06-09 | ¥0.20 | annually | |
2008-05-30 | ¥0.10 | annually |
Tongfu Microelectronics Dividend per year
Tongfu Microelectronics Dividend growth
Tongfu Microelectronics Dividend Yield
Tongfu Microelectronics current trailing twelve-month (TTM) dividend yield is 0.04%. Interested in purchasing Tongfu Microelectronics stock? Use our calculator to estimate your expected dividend yield:
Tongfu Microelectronics Financial Ratios
Tongfu Microelectronics Dividend FAQ
Other factors to consider when evaluating Tongfu Microelectronics 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: Tongfu Microelectronics'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, Tongfu Microelectronics 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, Tongfu Microelectronics 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 Tongfu Microelectronics 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: Tongfu Microelectronics 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, Tongfu Microelectronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tongfu Microelectronics 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 Tongfu Microelectronics'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 Tongfu Microelectronics'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.