Trailing Dividend / Share
$0.20
Deswell Industries, Inc. (DSWL) Dividend History
Income profile from 1996 to 2025 with payout safety and yield-on-cost trend
Dividend Yield
5.9%
Payout Ratio
28.6%
Sustainable
Dividend Streak
7 years
DSWL Dividend Income Check
Safety
28.6% payout ratio with sustainable safety profile.
Consistency
7 straight years of dividend increases.
Income Trend
Yield on cost is 6.8% and trend is rising.
DSWL Dividend Scorecard
Yield & Income
Dividend Yield5.9%
Trailing DPS$0.20
FrequencySemi-Annual
Payments / 12M2
Payout Safety
Earnings Payout28.6%
Earnings SafetySustainable
FCF Payout12.2%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak7 years
3Y CAGR0.0%
5Y CAGR2.1%
Yield on Cost (5Y)6.8%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield5.9%
1Y Total Return60.8%
5Y Total Return15.2%
Div Contribution (5Y)26.2%
Estimated $10K growth (return + dividends):
5Y ago$11,52510Y ago$31,89520Y ago$7,984
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
DSWL Income Growth Story
Dividend per share and yield on cost over time (30 years of payments)
DSWL Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Deswell Industries, Inc. distributes 28.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 12.2%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
DSWL has raised its dividend for 7 consecutive years, with a 3-year CAGR of 0.0% and 5-year CAGR of 2.1%.
Total Shareholder Returns
Beyond cash dividends, DSWL returns capital through share repurchases. The combined picture: 5.9% dividend yield, 5.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.8% and is currently rising. The 5-year total return is 15.2%, with dividends contributing 26.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $31,895 today.
DSWL Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$1.64
Avg/Payment$0.0820
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Dec 2, 2025Latest | $0.1000 | — | 5.51% | Dec 23, 2025 |
| Jul 3, 2025 | $0.1000 | — | 7.12% | Jul 17, 2025 |
| Dec 2, 2024 | $0.1000 | — | 7.58% | Dec 23, 2024 |
| Jul 5, 2024 | $0.1000 | — | 8.33% | Jul 19, 2024 |
| Nov 30, 2023 | $0.1000 | — | 7.66% | Dec 21, 2023 |
| Jul 3, 2023 | $0.1000 | — | 7.33% | Jul 20, 2023 |
| Nov 30, 2022 | $0.1000 | — | 6.29% | Dec 22, 2022 |
| Jun 29, 2022 | $0.1000 | — | 6.51% | Jul 15, 2022 |
DSWL Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
5.9%
#1 of 5
Safety
Sustainable
28.6% payout
Streak
7Y
2.1% 5Y CAGR
Total Shareholder
5.9%
#2 of 5
PLPC
LYTS
IIIN
KFRCDSWL Annual Dividend History (1996–2025)
30 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.20 | 0.0% | 2 | $0.70 | 28.6% | 3.50x | 6.8% |
| 2024 | $0.20 | 0.0% | 2 | $0.48 | 41.7% | 2.40x | 6.8% |
| 2023 | $0.20 | 0.0% | 2 | $0.13 | 153.8% | 0.65x | 6.8% |
| 2022 | $0.20 | 0.0% | 2 | $0.51 | 39.2% | 2.55x | 6.8% |
| 2021 | $0.20 | 11.1% | 2 | $0.51 | 39.2% | 2.55x | 6.8% |
| 2020 | $0.18 | 20.0% | 2 | $-0.08 | — | — | 6.1% |
| 2019 | $0.15 | 50.0% | 2 | $0.27 | 55.6% | 1.80x | 5.1% |
| 2018 | $0.10 | 42.9% | 2 | $0.39 | 25.6% | 3.90x | 3.4% |
| 2017 | $0.07 | -50.0% | 1 | $0.09 | 77.8% | 1.29x | 2.4% |
| 2016 | $0.14 | -26.3% | 3 | $-0.31 | — | — | 4.8% |
See DSWL's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonDSWL — Frequently Asked Questions
Quick answers to the most common questions about buying DSWL stock.
How much dividend does DSWL pay per share?
Deswell Industries, Inc. (DSWL) pays a trailing 12-month dividend of $0.20 per share, with a current dividend yield of +5.9%. Payments are made Semi-Annual.
When is DSWL's next ex-dividend date?
DSWL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. DSWL typically pays dividends Semi-Annual.
Is DSWL's dividend safe?
DSWL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +28.6% and FCF payout ratio of +12.2%. The 7-year growth streak provides moderate confidence.
Is DSWL a Dividend Payer?
Yes, Deswell Industries, Inc. is classified as a Dividend Payer with 7 consecutive years of dividend increases. The 5-year dividend CAGR is +2.1%, demonstrating modest dividend growth.
How often does DSWL pay dividends?
Deswell Industries, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.20 per share. Dividend data on this page covers 29+ years from 1996 to 2025.
How much would $10,000 invested in DSWL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in DSWL five years ago would be worth approximately $11,525 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is DSWL's yield on cost for long-term holders?
DSWL's yield on cost — the current dividend divided by the original purchase price — is +6.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.9% market yield, thanks to consistent dividend growth.