Taitron Components Incorporated - (TAIT) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, TAIT has issued more dividends than 3.18% of other dividend-issuing US stocks.
- In terms of absolute dollars distributed to common shareholders over the past 12 months, TAIT has returned $872,000 US dollars, more than 3.52% of US dividend issuers.
- Free cash flow for TAIT has a compound average growth rate of -154.98%, which is higher than 5.89% of stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with TAIT's price: HASI, NYT, MELI, CAAS and FENG.
TAIT Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $3.16 | $3.92 | 2.61% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Taitron Components Inc, the DDM model generated by StockNews estimates a return of positive 2.61% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Taitron Components Inc are:
- Relative to all dividend yielding stocks in our set, TAIT offers a dividend yield in the top 15.33% of stocks in our set.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Technology sector, the expected return of 2.61%, based on the stock's current share price and target price based on a dividend discount model, is greater than 83.46% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, TAIT has a discount rate lower than 83.46% of them (a lower discount rate is associated with lower risk).
- Taitron Components Inc's market cap of $23 million US dollars puts it in the small-sized market cap class; here, it has a lower equity discount rate than just 14.63% of stocks.
TAIT Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-15 | Dividend | $0.05 | -- |
| 2023-11-09 | Dividend | $0.05 | -- |
| 2023-08-10 | Dividend | $0.05 | -- |
| 2023-05-11 | Dividend | $0.05 | -- |
| 2023-02-09 | Dividend | $0.05 | -- |
| 2022-11-09 | Dividend | $0.05 | +11.11% |
| 2022-08-11 | Dividend | $0.05 | -68.97% |
| 2022-05-12 | Dividend | $0.15 | +222.22% |
| 2022-02-10 | Dividend | $0.05 | -- |
| 2021-11-10 | Dividend | $0.05 | +12.50% |
| 2021-08-12 | Dividend | $0.04 | -- |
| 2021-05-13 | Dividend | $0.04 | -- |
| 2021-02-11 | Dividend | $0.04 | -- |
| 2020-11-12 | Dividend | $0.04 | +14.29% |
| 2020-08-13 | Dividend | $0.04 | -- |
| 2020-05-14 | Dividend | $0.04 | -- |
| 2020-02-13 | Dividend | $0.04 | -- |
| 2019-11-14 | Dividend | $0.04 | +16.67% |
| 2019-08-14 | Dividend | $0.03 | -- |
| 2019-05-14 | Dividend | $0.03 | -- |
| 2019-02-12 | Dividend | $0.03 | -- |
| 2018-11-14 | Dividend | $0.03 | +20.00% |
| 2018-08-14 | Dividend | $0.03 | -- |
| 2018-05-14 | Dividend | $0.03 | -- |
| 2018-02-12 | Dividend | $0.03 | -- |
| 2017-11-14 | Dividend | $0.03 | -- |
| 2017-08-11 | Dividend | $0.03 | -- |
| 2017-05-11 | Dividend | $0.03 | -- |
| 2017-02-09 | Dividend | $0.03 | -- |
| 2016-11-09 | Dividend | $0.03 | -- |
| 2016-08-11 | Dividend | $0.03 | -- |
| 2016-05-12 | Dividend | $0.03 | -50.00% |
| 2009-06-11 | Dividend | $0.05 | -- |
| 2008-04-11 | Dividend | $0.05 | -50.00% |
| 2007-01-18 | Dividend | $0.10 | -- |
TAIT Dividends vs. Peers
Looking for More Information on TAIT dividends?
Want to see what other sources are saying about Taitron Components Inc's dividends? Try the links below:Taitron Components Inc Common Stock (TAIT) Dividend History | Nasdaq
Dividend History for Taitron Components Inc (TAIT) - Dividend Investor
Taitron Components Inc (TAIT) Dividend History - Seeking Alpha