TOPTEC Co., Ltd. engages in the factory automation, solar energy, and nano-related businesses in South Korea. It offers display products, such as auto assembly machines; glass handling robot, glass cell cutting, and cell handling robot systems; ITO sputter distribution; and UV dispenser. The company also provides can cap laser welding, JR insert tap welding, round swage, round tab welding, cap assembly line, and non-acid battery assembly line machines; batteries includes comp oil injector, comp assembly line, comp measurement and supply line, MDPS ECU assembly line, battery pack assembly line, and MEB ECU assembly line; and semiconductors. In addition, it offers nano equipment and nano separator, as well as solar power plants and manufacturing equipment. The company was formerly known as Toptec Engineering and changed its name to Toptec Co., Ltd. in June 1996. Toptec Co., Ltd. was founded in 1992 and is headquartered in Gumi-si, South Korea.
TOPTEC Dividend Announcement
• TOPTEC announced a annually dividend of ₩100.00 per ordinary share which will be made payable on 2024-04-22. Ex dividend date: 2023-12-27
• TOPTEC annual dividend for 2023 was ₩100.00
• TOPTEC 's trailing twelve-month (TTM) dividend yield is 1.87%
• TOPTEC 's payout ratio for the trailing twelve months (TTM) is 13.34%
TOPTEC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩100.00 | annually | 2024-04-22 |
2022-12-28 | ₩100.00 | annually | 2023-04-27 |
2016-12-28 | ₩153.00 | annually | |
2015-12-29 | ₩300.00 | annually | |
2014-12-29 | ₩200.00 | annually | |
2013-12-27 | ₩300.00 | annually | |
2009-12-29 | ₩22.42 | annually |
TOPTEC Dividend per year
TOPTEC Dividend growth
TOPTEC Dividend Yield
TOPTEC current trailing twelve-month (TTM) dividend yield is 1.87%. Interested in purchasing TOPTEC stock? Use our calculator to estimate your expected dividend yield:
TOPTEC Financial Ratios
TOPTEC Dividend FAQ
Other factors to consider when evaluating TOPTEC 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: TOPTEC '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, TOPTEC 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, TOPTEC 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 TOPTEC 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: TOPTEC 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, TOPTEC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TOPTEC 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 TOPTEC '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 TOPTEC '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.