Dividend Details
Calculate SIMO Dividend Income
Quick Facts
- Yield: 0.71%
- Frequency: Quarterly
- Sector: Semiconductors
- Payout: 55%
About Silicon Motion Technology Corp
Silicon Motion Technology Corp is a dividend-paying stock.
SIMO Dividend FAQ
What is SIMO's current dividend yield and payout?
SIMO currently yields 0.71% annually, paying $0.50 per share per year based on a share price of $276.40. This translates to $0.1249 per share per quarter. The payout ratio is 55%, which is moderate and leaves room for future dividend increases.
How often does SIMO pay dividends?
SIMO distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.1249 per share.
How much does $10,000 invested in SIMO pay in dividends?
A $10,000 investment in SIMO at $276.40 per share buys approximately 36 shares. At the current 0.71% yield, this generates approximately $71 per year, or $6 per month in dividend income before taxes.
Is SIMO's dividend sustainable?
With a payout ratio of 55%, SIMO retains a significant portion of earnings for reinvestment and dividend growth, suggesting the current payout is well-covered and sustainable.
SIMO Dividend Investing Guide
Silicon Motion Technology Corp (SIMO) represents a compelling opportunity for dividend investors seeking dividend growth potential in their portfolios. As a semiconductors sector stock, SIMO offers exposure to sector-specific opportunities.
Investors considering SIMO should evaluate both the current yield and potential for dividend growth. The quarterly payment schedule provides regular income, while the stock's fundamentals determine long-term dividend sustainability and growth potential.
To maximize returns from SIMO dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your SIMO investment.