Deswell Industries Announces $0.10 Dividend, 5.8% Yield

Deswell Industries will pay a $0.10 dividend per share on December 23, yielding 5.8%. The company's earnings per share have grown 17% annually over the past five years, and its dividend payout ratio is expected to be 23% next year, which is considered sustainable. The dividend has been stable, but the company has cut it once in the last 10 years. Despite this, Deswell Industries looks like a good dividend stock due to its consistent dividend policy and ability to translate earnings into cash flow.