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Big Sun Shine CO., LTD. provides home textiles in Taiwan. The company offers jacquard/dobby, yarn dyed/piece dyed, fire retardant, anti-microbial, anti-odor, anti-UV, and insulation fabrics used in draperies, upholsteries, curtains, tablecloths, and other multi-purpose uses. It also designs and delivers woven fabrics. The company was formerly known as Sumagh High Tech Corporation and changed its name to Big Sun Shine CO., LTD. in September 2020. The company was founded in 1982 and is based in Taoyuan City, Taiwan.

Big Sun Shine Dividend Announcement

Big Sun Shine announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-07-10
Big Sun Shine annual dividend for 2024 was NT$2.00
Big Sun Shine annual dividend for 2023 was NT$0.50
Big Sun Shine's trailing twelve-month (TTM) dividend yield is 3.09%
Big Sun Shine's payout ratio for the trailing twelve months (TTM) is 6.42%

Big Sun Shine Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-10NT$2.00annually2024-08-01
2023-08-21NT$0.50annually2023-09-08

Big Sun Shine Dividend per year

Big Sun Shine Dividend Yield

Big Sun Shine current trailing twelve-month (TTM) dividend yield is 3.09%. Interested in purchasing Big Sun Shine stock? Use our calculator to estimate your expected dividend yield:

Big Sun Shine Financial Ratios

P/E ratio11.26
PEG ratio-0.21
P/B ratio3.14
ROE29.67%
Payout ratio6.42%
Current ratio3.02
Quick ratio2.90
Cash Ratio1.72

Big Sun Shine Dividend FAQ

Does Big Sun Shine stock pay dividends?
Big Sun Shine does not currently pay dividends to its shareholders.
Has Big Sun Shine ever paid a dividend?
No, Big Sun Shine has no a history of paying dividends to its shareholders. Big Sun Shine is not known for its dividend payments.
Why doesn't Big Sun Shine pay dividends?
There are several potential reasons why Big Sun Shine would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Big Sun Shine ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Big Sun Shine has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Big Sun Shine a dividend aristocrat?
Big Sun Shine is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Big Sun Shine a dividend king?
Big Sun Shine is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Big Sun Shine a dividend stock?
No, Big Sun Shine is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Big Sun Shine stocks?
To buy Big Sun Shine you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Big Sun Shine stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.