Taitron Components Incorporated - (TAIT) Dividends

Taitron Components Incorporated - (TAIT): $2.84

0.05 (+1.79%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

A

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Industry: Technology - Electronics

Industry

NR

Ranked

#27 of 46

in industry

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 Ex-Dividend Date
TAIT Dividend Yield
7.13%
TAIT Annual Dividend
$0.20
TAIT Payout Ratio

TAIT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$2.84$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
2024-05-16Dividend$0.05--
2024-02-15Dividend$0.05--
2023-11-09Dividend$0.05--
2023-08-10Dividend$0.05--
2023-05-11Dividend$0.05--
2023-02-09Dividend$0.05--
2022-11-09Dividend$0.05+11.11%
2022-08-11Dividend$0.05-68.97%
2022-05-12Dividend$0.15+222.22%
2022-02-10Dividend$0.05--
2021-11-10Dividend$0.05+12.50%
2021-08-12Dividend$0.04--
2021-05-13Dividend$0.04--
2021-02-11Dividend$0.04--
2020-11-12Dividend$0.04+14.29%
2020-08-13Dividend$0.04--
2020-05-14Dividend$0.04--
2020-02-13Dividend$0.04--
2019-11-14Dividend$0.04+16.67%
2019-08-14Dividend$0.03--
2019-05-14Dividend$0.03--
2019-02-12Dividend$0.03--
2018-11-14Dividend$0.03+20.00%
2018-08-14Dividend$0.03--
2018-05-14Dividend$0.03--
2018-02-12Dividend$0.03--
2017-11-14Dividend$0.03--
2017-08-11Dividend$0.03--
2017-05-11Dividend$0.03--
2017-02-09Dividend$0.03--
2016-11-09Dividend$0.03--
2016-08-11Dividend$0.03--
2016-05-12Dividend$0.03-50.00%
2009-06-11Dividend$0.05--
2008-04-11Dividend$0.05-50.00%
2007-01-18Dividend$0.10--


TAIT Dividends vs. Peers

TAIT's dividend yield currently ranks #1 of 75 vs. its peers in the Technology - Electronics category.
Rank Symbol Name Dividend Yield
1 TAIT Taitron Components Incorporated - 0.00%
2 AEY ADDvantage Technologies Group, Inc. 0.00%
3 MEI Methode Electronics, Inc. 0.00%
4 SATS EchoStar Corp. 0.00%
5 EBON Ebang International Holdings Inc. Cl A 0.00%
6 BRTHY Brother Industries, Ltd. 0.00%
7 VSH Vishay Intertechnology, Inc. 0.00%
8 DLB Dolby Laboratories 0.00%
9 TDY Teledyne Technologies Inc. 0.00%
10 VUZI Vuzix Corporation 0.00%
11 MPTI M-tron Industries Inc. 0.00%
12 ELUXY AB Electrolux (publ) 0.00%
13 WATT Energous Corporation 0.00%
14 BNSO Bonso Electronics International, Inc. 0.00%
15 NSYS Nortech Systems Incorporated 0.00%
16 ATER Aterian Inc. 0.00%
17 OUST Ouster, Inc. 0.00%
18 ALPP Alpine 4 Technologies, Ltd. 0.00%
19 ELTK Eltek Ltd. - Ordinary Shares 0.00%
20 BHE Benchmark Electronics, Inc. 0.00%
21 WIRE Encore Wire Corporation 0.00%
22 MITC MeaTech 3D Ltd. 0.00%
23 KEM KEMET Corporation 0.00%
24 IMTE Integrated Media Technology Limited 0.00%
25 GIGA Giga-tronics Incorporated 0.00%
26 TRMB Trimble Inc. 0.00%
27 WSTG Wayside Technology Group, Inc. 0.00%
28 OST Ostin Technology Group Co., Ltd. 0.00%
29 FELTY Fuji Electric Co., Ltd. 0.00%
30 LGL LGL Group, Inc. (The) 0.00%
31 KN Knowles Corporation 0.00%
32 TTMI TTM Technologies, Inc. 0.00%
33 APELY Alps Alpine Co., Ltd. 0.00%
34 ISNS Image Sensing Systems, Inc. 0.00%
35 SMTX SMTC Corporation 0.00%
36 CTRL Control4 Corporation 0.00%
37 SPA Sparton Corporation 0.00%
38 IVAC Intevac, Inc. 0.00%
39 WLDS Wearable Devices Ltd. 0.00%
40 APH Amphenol Corp. CI A 0.00%
41 ORBK Orbotech Ltd. - 0.00%
42 VZIO Vizio Holding Corp. 0.00%
43 BTN Ballantyne Strong, Inc. 0.00%
44 UEIC Universal Electronics Inc. 0.00%
45 SVT Servotronics, Inc. 0.00%
46 AUOTY AU Optronics Corp. 0.00%
47 AIRG Airgain, Inc. 0.00%
48 ARW Arrow Electronics, Inc. 0.00%
49 REFR Research Frontiers Incorporated 0.00%
50 CTS CTS Corporation 0.00%
51 RELL Richardson Electronics, Ltd. 0.00%
52 KBAL Kimball International, Inc. - Class B 0.00%
53 MMAT Meta Materials Inc. 0.00%
54 RFIL RF Industries, Ltd. 0.00%
55 KE Kimball Electronics, Inc. 0.00%
56 HEAR Turtle Beach Corporation 0.00%
57 ACKAY Arçelik Anonim Sirketi 0.00%
58 LPL LG Display Co. Ltd. ADR 0.00%
59 AVT Avnet, Inc. 0.00%
60 AVX AVX Corporation 0.00%
61 OSS One Stop Systems, Inc. 0.00%
62 AIXI XIAO-I Corp. ADR 0.00%
63 SNPO Snap One Holdings Corp. 0.00%
64 IZM ICZOOM Group Inc. Cl A 0.00%
65 KYOCY Kyocera Corp. ADR 0.00%
66 SONO Sonos, Inc. 0.00%
67 GBOX GreenBox POS 0.00%
68 VICR Vicor Corporation 0.00%
69 ROG Rogers Corporation 0.00%
70 MVIS MicroVision, Inc. 0.00%
71 MXWL Maxwell Technologies, Inc. 0.00%
72 VIAO VIA optronics AG ADR 0.00%
73 SYNA Synaptics Incorporated 0.00%
74 BELFA Bel Fuse Inc. - 0.00%
75 BELFB Bel Fuse Inc. - Class B 0.00%

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

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