DSWL Deswell Industries, Inc. — dividend yield, history & ex-dividend dates
Deswell Industries, Inc. specializes in the production and sale of custom injection-molded plastic parts and components, various electronic products and subassemblies, as well as metallic molds and their related accessory parts. These offerings are primarily supplied to original equipment manufacturers (OEMs) and contract manufacturers. The company's operations are structured into two distinct divisions: Plastic Injection Molding and Electronic Products Assembling. Through its plastic molding division, Deswell manufactures an extensive array of plastic components used in both consumer and industrial products. This includes parts for electronic entertainment systems, power tools, accessories, and outdoor equipment; casings for items like flashlights, telephones, printers, and scanners; components for industrial machinery and indoor control switches; and elements for audio devices. The company further produces covers and key tops for personal organizers and remote controls, specialized double injection caps, medical product components (such as those for blood testing equipment), laser key caps, automotive parts, and plastic elements for automated robotic systems. The electronics division provides a diverse portfolio of products. This encompasses professional audio equipment, including digital and analogue mixing consoles, amplifiers, signal processors, audio interfaces, network audio devices, and speaker enclosures. It also delivers consumer audio solutions such such as multi-channel receivers-amplifiers and a variety of wired and wireless audio streaming products, in addition to printed circuit board assemblies (PCBAs) and Internet of Things (IoT) products. Deswell's products are sold across a wide geographical area, with key markets in China, the United States, Hong Kong, the United Kingdom, Norway, Holland, and Canada, alongside other international regions. Established in 1987, Deswell Industries, Inc. is based in Macau.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for DSWL
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 30% (FY2026) | 100 | 20% |
| FCF payout ratio | FCF payout ratio 68% (FY2026) | 78 | 25% |
| Net debt / EBITDA | Net cash (FY2026) | 100 | 15% |
| Interest coverage | No interest expense and no debt (FY2026) | 100 | 10% |
| Dividend record | 7 years of uninterrupted regular payments; suspension Dec 22, 2017, within 10 years: capped at 20 | 20 | 20% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2022–FY2026) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for DSWL
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 2.1% (2020–2025) | 46 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 30% (FY2026) | 100 | 20% |
| Earnings per share growth (3 years) | EPS CAGR 72.7% (FY2023–FY2026) | 100 | 15% |
| Revenue growth (3 years) | Revenue CAGR -7.5% (FY2023–FY2026) | 10 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 3.6% (2015–2025) | 61 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Value Score is built for DSWL
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 18th percentile of its 120 month-end yields | 18 | 40% |
| P/E vs own 5-year median | P/E 4.4 is 0.95x its 5-year median of 4.7 | 57 | 25% |
| FCF yield | FCF yield 10.1% (FY2026) | 100 | 20% |
| P/E vs peers | P/E 4.4 vs peer median 26.7 (0.17x; 69 corporation / Technology securities) | 100 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
Key Metrics
Current Yield
6.78%
At the Oct 30, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.2000
Declared Nov 13, 2025
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
S Semi-Annual
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
41
As of Oct 30, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$2.91 – $4.06
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
30.00%
12 months to Mar 31, 2026 (Q4 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
29
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
0.43
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
DSWL has raised its annual dividend in 13 separate years since July 1996, which ranks 861 among the 2,430 payers with a comparable record in our dataset. In 6 years the annual total fell by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
DSWL's dividend yield rose from 6.21% to 6.78% over the past ~90 days (+0.57 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.57 pp from the share price ($3.22 on Aug 03, 2026 → $2.95 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), DSWL's current yield is higher than approximately 100% of them. Our stored price history for DSWL covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.3000 S | Special | Jun 17, 2026 | Jul 02, 2026 | Jul 02, 2026 | Jul 16, 2026 |
| $0.1000 S | Regular | Nov 13, 2025 | Dec 02, 2025 | Dec 02, 2025 | Dec 23, 2025 |
| $0.1000 S | Regular | Jun 18, 2025 | Jul 03, 2025 | Jul 03, 2025 | Jul 17, 2025 |
| $0.1000 S | Regular | Nov 15, 2024 | Dec 02, 2024 | Dec 02, 2024 | Dec 23, 2024 |
| $0.1000 S | Regular | Jun 20, 2024 | Jul 05, 2024 | Jul 05, 2024 | Jul 19, 2024 |
| $0.1000 S | Regular | Nov 17, 2023 | Nov 30, 2023 | Dec 01, 2023 | Dec 21, 2023 |
| $0.1000 S | Regular | Jun 20, 2023 | Jul 03, 2023 | Jul 05, 2023 | Jul 20, 2023 |
| $0.1000 S | Regular | Nov 17, 2022 | Nov 30, 2022 | Dec 01, 2022 | Dec 22, 2022 |
| $0.1000 S | Regular | Jun 16, 2022 | Jun 29, 2022 | Jun 30, 2022 | Jul 15, 2022 |
| $0.1000 S | Regular | Nov 22, 2021 | Dec 03, 2021 | Dec 06, 2021 | Dec 22, 2021 |
| $0.1000 S | Regular | Jun 09, 2021 | Jun 24, 2021 | Jun 25, 2021 | Jul 09, 2021 |
| $0.0900 S | Regular | Nov 10, 2020 | Nov 20, 2020 | Nov 23, 2020 | Dec 10, 2020 |
| $0.0900 S | Regular | Jun 11, 2020 | Jun 24, 2020 | Jun 25, 2020 | Jul 10, 2020 |
| $0.0800 S | Regular | Nov 15, 2019 | Nov 26, 2019 | Nov 27, 2019 | Dec 13, 2019 |
| $0.0700 S | Regular | Jun 10, 2019 | Jun 24, 2019 | Jun 25, 2019 | Jul 12, 2019 |
| $0.0600 S | Regular | Nov 15, 2018 | Nov 26, 2018 | Nov 27, 2018 | Dec 18, 2018 |
| $0.0400 A | Regular | Jun 12, 2018 | Jun 25, 2018 | Jun 26, 2018 | Jul 12, 2018 |
| $0.0700 S | Regular | Jun 12, 2017 | Jun 22, 2017 | Jun 26, 2017 | Jul 12, 2017 |
| $0.0700 S | Regular | Nov 18, 2016 | Nov 25, 2016 | Nov 29, 2016 | Dec 16, 2016 |
| $0.0350 S | Regular | Jun 29, 2016 | Jul 05, 2016 | Jul 07, 2016 | Jul 27, 2016 |
| $0.0350 S | Regular | Mar 11, 2016 | Mar 21, 2016 | Mar 23, 2016 | Apr 14, 2016 |
| $0.0350 Q | Regular | Nov 11, 2015 | Nov 19, 2015 | Nov 23, 2015 | Dec 10, 2015 |
| $0.0350 Q | Regular | Sep 04, 2015 | Sep 15, 2015 | Sep 17, 2015 | Oct 07, 2015 |
| $0.0350 Q | Regular | Jun 22, 2015 | Jun 24, 2015 | Jul 06, 2015 | Jul 16, 2015 |
| $0.0350 M | Regular | Feb 13, 2015 | Feb 23, 2015 | Feb 25, 2015 | Mar 19, 2015 |
| $0.0500 S | Regular | Jan 08, 2015 | Jan 20, 2015 | Jan 22, 2015 | Jan 30, 2015 |
| $0.0500 Q | Regular | Aug 22, 2014 | Aug 28, 2014 | Sep 02, 2014 | Sep 24, 2014 |
| $0.0500 Q | Regular | Jun 10, 2014 | Jun 18, 2014 | Jun 20, 2014 | Jun 30, 2014 |
| $0.0500 Q | Regular | Feb 25, 2014 | Mar 06, 2014 | Mar 10, 2014 | Mar 28, 2014 |
| $0.0500 Q | Regular | Nov 13, 2013 | Nov 21, 2013 | Nov 25, 2013 | Dec 18, 2013 |
| $0.0700 Q | Regular | Aug 30, 2013 | Sep 09, 2013 | Sep 11, 2013 | Sep 30, 2013 |
| $0.0500 Q | Regular | Jun 13, 2013 | Jun 24, 2013 | Jun 26, 2013 | Jul 18, 2013 |
| $0.0500 Q | Regular | Feb 05, 2013 | Feb 13, 2013 | Feb 15, 2013 | Mar 07, 2013 |
| $0.0500 Q | Regular | Nov 16, 2012 | Nov 27, 2012 | Nov 29, 2012 | Dec 18, 2012 |
| $0.0500 Q | Regular | Aug 15, 2012 | Aug 23, 2012 | Aug 27, 2012 | Sep 11, 2012 |
| $0.1500 Q | Special | Jun 18, 2012 | Jul 03, 2012 | Jul 06, 2012 | Jul 27, 2012 |
| $0.0200 Q | Regular | Mar 07, 2012 | Mar 16, 2012 | Mar 20, 2012 | Apr 12, 2012 |
| $0.0200 Q | Regular | Nov 30, 2011 | Dec 01, 2011 | Dec 05, 2011 | Dec 29, 2011 |
| $0.0300 I | Regular | Sep 09, 2011 | Sep 14, 2011 | Sep 16, 2011 | Oct 12, 2011 |
| $0.0500 Q | Regular | Jun 30, 2011 | Jul 06, 2011 | Jul 08, 2011 | Jul 28, 2011 |
| $0.0500 I | Regular | Mar 11, 2011 | Mar 21, 2011 | Mar 23, 2011 | Apr 13, 2011 |
| $0.0500 S | Regular | Jun 24, 2010 | Jul 02, 2010 | Jul 07, 2010 | Jul 28, 2010 |
| $0.1000 M | Regular | Dec 04, 2009 | Dec 11, 2009 | Dec 15, 2009 | Jan 07, 2010 |
| $0.0400 I | Regular | Mar 03, 2009 | Mar 10, 2009 | Mar 12, 2009 | Mar 25, 2009 |
| $0.0800 I | Regular | N/A | Oct 21, 2008 | Oct 22, 2008 | Nov 06, 2008 |
| $0.1200 S | Regular | Jul 03, 2008 | Jul 07, 2008 | Jul 08, 2008 | Jul 29, 2008 |
| $0.1700 Q | Regular | Feb 27, 2008 | Feb 29, 2008 | Feb 29, 2008 | Mar 18, 2008 |
| $0.1000 Q | Regular | Nov 20, 2007 | Nov 28, 2007 | Nov 30, 2007 | Dec 18, 2007 |
| $0.1700 M | Regular | Aug 17, 2007 | Aug 29, 2007 | Aug 31, 2007 | Sep 12, 2007 |
| $0.1700 I | Regular | Jun 29, 2007 | Jul 24, 2007 | Jul 05, 2007 | Jul 26, 2007 |
| $0.1700 Q | Regular | Feb 13, 2007 | Feb 21, 2007 | Feb 23, 2007 | Mar 09, 2007 |
| $0.1700 Q | Regular | Nov 20, 2006 | Nov 28, 2006 | Nov 30, 2006 | Dec 18, 2006 |
| $0.1700 Q | Regular | Aug 11, 2006 | Aug 21, 2006 | Aug 23, 2006 | Sep 06, 2006 |
| $0.1400 Q | Regular | Jun 23, 2006 | Jun 28, 2006 | Jun 30, 2006 | Jul 20, 2006 |
| $0.1400 Q | Regular | Mar 13, 2006 | Mar 29, 2006 | Mar 31, 2006 | Apr 11, 2006 |
| $0.1600 Q | Regular | Dec 14, 2005 | Dec 20, 2005 | Dec 22, 2005 | Dec 30, 2005 |
| $0.1600 Q | Regular | Aug 08, 2005 | Aug 18, 2005 | Aug 22, 2005 | Sep 05, 2005 |
| $0.1700 Q | Regular | Jun 21, 2005 | Jun 24, 2005 | Jun 28, 2005 | Jul 18, 2005 |
| $0.2600 Q | Regular | Feb 22, 2005 | Mar 11, 2005 | Mar 15, 2005 | Mar 29, 2005 |
| $0.2400 Q | Regular | Nov 16, 2004 | Nov 24, 2004 | Nov 29, 2004 | Dec 07, 2004 |
| $0.2400 Q | Regular | Aug 09, 2004 | Aug 19, 2004 | Aug 23, 2004 | Sep 06, 2004 |
| $0.2400 Q | Regular | Jun 22, 2004 | Jun 23, 2004 | Jun 25, 2004 | Jul 16, 2004 |
| $0.2400 Q | Regular | Feb 23, 2004 | Mar 05, 2004 | Mar 09, 2004 | Mar 23, 2004 |
| $0.2400 Q | Regular | Nov 12, 2003 | Nov 13, 2003 | Nov 17, 2003 | Dec 01, 2003 |
| $0.4600 Q | Special | Aug 19, 2003 | Aug 27, 2003 | Sep 01, 2003 | Sep 15, 2003 |
| $0.2000 Q | Regular | Feb 24, 2003 | Mar 06, 2003 | Mar 10, 2003 | Mar 24, 2003 |
| $0.1900 I | Regular | N/A | Nov 19, 2002 | Nov 15, 2002 | Nov 27, 2002 |
| $0.1900 Q | Special | Nov 06, 2002 | Nov 13, 2002 | Nov 15, 2002 | Nov 27, 2002 |
| $0.1900 Q | Regular | Aug 12, 2002 | Aug 19, 2002 | Aug 21, 2002 | Sep 03, 2002 |
| $0.2800 Q | Regular | May 30, 2002 | Jun 13, 2002 | Jun 17, 2002 | Jul 03, 2002 |
| $0.2400 Q | Regular | Feb 06, 2002 | Feb 07, 2002 | Feb 11, 2002 | Feb 25, 2002 |
| $0.2400 Q | Regular | Nov 02, 2001 | Nov 08, 2001 | Nov 13, 2001 | Nov 27, 2001 |
| $0.2400 Q | Regular | Aug 14, 2001 | Aug 16, 2001 | Aug 20, 2001 | Sep 03, 2001 |
| $0.5700 S | Regular | Jun 12, 2001 | Jun 20, 2001 | Jun 22, 2001 | Jul 06, 2001 |
| $0.3300 S | Regular | Nov 06, 2000 | Nov 20, 2000 | Nov 22, 2000 | Dec 07, 2000 |
| $0.5500 S | Regular | Jun 08, 2000 | Jun 20, 2000 | Jun 22, 2000 | Jul 06, 2000 |
| $0.3300 S | Regular | Nov 08, 1999 | Nov 19, 1999 | Nov 23, 1999 | Dec 07, 1999 |
| $0.5500 S | Regular | May 28, 1999 | Jun 11, 1999 | Jun 15, 1999 | Jun 30, 1999 |
| $0.3300 S | Regular | Nov 09, 1998 | Nov 19, 1998 | Nov 23, 1998 | Dec 07, 1998 |
| $0.7500 S | Regular | May 27, 1998 | Jun 12, 1998 | Jun 15, 1998 | Jun 29, 1998 |
| $0.3000 S | Regular | Nov 14, 1997 | Nov 28, 1997 | Dec 02, 1997 | Dec 16, 1997 |
| $0.4000 S | Regular | Jun 02, 1997 | Jun 12, 1997 | Jun 16, 1997 | Jun 30, 1997 |
| $0.2500 S | Regular | Nov 20, 1996 | Dec 02, 1996 | Dec 04, 1996 | Dec 18, 1996 |
| $0.3500 S | Regular | Jul 19, 1996 | Jul 25, 1996 | Jul 29, 1996 | Aug 13, 1996 |
Peer Comparison
Selected Hardware, Equipment & Parts dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| TTDKY | TDK Corporation | 2.18% | 13.2% | 4 yrs | 79 |
| APH | Amphenol Corporation | 0.61% | 23.4% | 14 yrs | 75 |
| HRSEF | Hirose Electric Co.,Ltd. | 1.89% | 7.9% | 1 yr | 74 |
| APELY | Alps Alpine Co., Ltd. | 2.92% | 16.0% | 1 yr | 74 |
Related Guides & Lists
DSWL dividend — frequently asked questions
Does Deswell Industries, Inc. pay a dividend?
Yes. Deswell Industries, Inc. (DSWL) currently pays a dividend. The annualized dividend is about $0.20 per share, a yield of approximately 6.78%.
What is Deswell Industries, Inc.'s dividend yield?
Deswell Industries, Inc.'s dividend yield is approximately 6.78%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Deswell Industries, Inc. pay dividends?
Deswell Industries, Inc. pays dividends semi-annually — 2 times per year.
How long has Deswell Industries, Inc. paid dividends?
Deswell Industries, Inc. has 29 years of dividend payments on record.
Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.