Trio Industrial Electronics Group Limited, an investment holding company, provides customized engineering and contract manufacturing services for a range of industries. The company's product portfolio includes electro-mechanical products, switch-mode power supplies, smart chargers, smart vending systems, automatic testing equipment, power switchgear boards, and catering equipment control boards. It is also involved in the global sourcing and purchase of materials; manufacture and sale of electronic products and components; and provision of sales and marketing, and support services. The company's products have applications in industrial and commercial areas, such as renewable energy facilities, telecommunication equipment, commercial freight equipment, medical and health care devices, leisure and entertainment products, security and access systems, etc. It has operations in the United Kingdom, Switzerland, Ireland, Denmark, Sweden, North America, the People's Republic of China, South-east Asia, Israel, and Australia. The company was founded in 1983 and is headquartered in Hung Hom, Hong Kong. Trio Industrial Electronics Group Limited is a subsidiary of Trio Industrial Electronics Holding Limited.
Trio Industrial Electronics Dividend Announcement
• Trio Industrial Electronics announced a semi annually dividend of HK$0.01 per ordinary share which will be made payable on 2023-10-20. Ex dividend date: 2023-09-25
• Trio Industrial Electronics annual dividend for 2023 was HK$0.02
• Trio Industrial Electronics's trailing twelve-month (TTM) dividend yield is -%
• Trio Industrial Electronics's payout ratio for the trailing twelve months (TTM) is -4514.66%
Trio Industrial Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-25 | HK$0.01 | semi annually | 2023-10-20 |
2023-06-15 | HK$0.01 | semi annually | 2023-07-07 |
2022-09-22 | HK$0.01 | semi annually | 2022-10-17 |
2021-06-09 | HK$0.01 | semi annually | 2021-07-05 |
2020-09-21 | HK$0.01 | semi annually | 2020-10-22 |
2020-06-16 | HK$0.01 | semi annually | 2020-07-03 |
2019-09-23 | HK$0.01 | semi annually | 2019-10-16 |
2019-06-04 | HK$0.02 | semi annually | 2019-06-19 |
2018-09-21 | HK$0.01 | semi annually | 2018-10-12 |
2018-05-29 | HK$0.02 | semi annually | 2018-06-14 |
Trio Industrial Electronics Dividend per year
Trio Industrial Electronics Dividend growth
Trio Industrial Electronics Dividend Yield
Trio Industrial Electronics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Trio Industrial Electronics stock? Use our calculator to estimate your expected dividend yield:
Trio Industrial Electronics Financial Ratios
Trio Industrial Electronics Dividend FAQ
Other factors to consider when evaluating Trio Industrial Electronics 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: Trio Industrial Electronics'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, Trio Industrial Electronics 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, Trio Industrial Electronics 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 Trio Industrial Electronics 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: Trio Industrial Electronics 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, Trio Industrial Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trio Industrial Electronics 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 Trio Industrial Electronics'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 Trio Industrial Electronics'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.