Deswell Industries, Inc.
DSWLTechnology · Stock · semiannual payer
Forward Yield
5.52%
Annual Dividend
$0.20
Payout Ratio
30%
5-Yr Growth
2.1%
Ex-Date
Jul 2, 2026
Frequency
Semiannual
Summary
As of July 2026, Deswell Industries, Inc. (DSWL) yields 5.52% ($0.20 per share annually), with a blended fair-value estimate of $5.89 — +64% upside, so it screens as undervalued. Dividend safety grade: B (75/100).
Is DSWL a good dividend stock?
YesDeswell Industries, Inc. (DSWL) pays a semiannual dividend yielding 5.52% ($0.20/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (30%)
Risks
- Cut its dividend in 2015
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.52%
- Payout Ratio
- 30%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- 2.1%
- Ex-Dividend Date
- Jul 2, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.59
- Market Cap
- $56.9M
- P/E Ratio
- 5.3
- 5-Yr Total Return
- -18%
- 52-Week Range
- $2.79 – $4.48
- Dividend Safety
- B · 75/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
DSWL Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+43%
5 Years
-18%
52-Week Range
$2.79 – $4.48
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DSWL worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Deswell Industries, Inc. is $5.89 per share, versus a market price of $3.58. That implies 64% of upside — a margin of safety of about 39%.
Fair Value
$5.89
Current Price
$3.58
Upside
+64%
Margin of Safety
39%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 2.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.2% discount rate (CAPM), 2.1% stage-1 growth, 2.5% terminal growth, $0.67 EPS, $0.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DSWL Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 2, 2026 | — | $0.3000 | regular |
| Dec 2, 2025 | — | $0.1000 | regular |
| Jul 3, 2025 | — | $0.1000 | regular |
| Dec 2, 2024 | — | $0.1000 | regular |
| Jul 5, 2024 | — | $0.1000 | regular |
| Nov 30, 2023 | — | $0.1000 | regular |
| Jul 3, 2023 | — | $0.1000 | regular |
| Nov 30, 2022 | — | $0.1000 | regular |
| Jun 29, 2022 | — | $0.1000 | regular |
| Dec 3, 2021 | — | $0.1000 | regular |
| Jun 24, 2021 | — | $0.1000 | regular |
| Nov 20, 2020 | — | $0.0900 | regular |
| Jun 24, 2020 | — | $0.0900 | regular |
| Nov 26, 2019 | — | $0.0800 | regular |
Income Calculator
At $0.20 / yr per share
