Cathay Chemical Works Inc. manufactures and sells specialty and fine chemicals under the CATHAY brand in Taiwan. The company offers sodium formaldehyde sulfoxylate, sodium metabisulfite, zinc oxide, calcined zinc oxide, sodium hydrosulfite, zinc dust, and sodium hydroxymethanesulfinate, as well as galvanized metal and steel sheets. It also exports its products to Asia, Europe, Africa, North America, and Australasia. Cathay Chemical Works Inc. was founded in 1962 and is based in Taipei, Taiwan.
Cathay Chemical Works Dividend Announcement
• Cathay Chemical Works announced a annually dividend of NT$1.40 per ordinary share which will be made payable on 2024-07-30. Ex dividend date: 2024-07-05
• Cathay Chemical Works annual dividend for 2024 was NT$1.40
• Cathay Chemical Works annual dividend for 2023 was NT$1.00
• Cathay Chemical Works's trailing twelve-month (TTM) dividend yield is 2.78%
• Cathay Chemical Works's payout ratio for the trailing twelve months (TTM) is 26.54%
• Cathay Chemical Works's dividend growth over the last five years (2018-2023) was 17.84% year
• Cathay Chemical Works's dividend growth over the last ten years (2013-2023) was 8.31% year
Cathay Chemical Works Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | NT$1.40 | annually | 2024-07-30 |
2023-08-10 | NT$1.00 | annually | 2023-08-31 |
2022-08-04 | NT$0.85 | annually | 2022-08-25 |
2021-08-12 | NT$0.66 | annually | 2021-09-03 |
2020-07-09 | NT$0.58 | annually | 2020-08-14 |
2019-07-11 | NT$0.71 | annually | 2019-08-15 |
2018-07-11 | NT$0.44 | annually | 2018-08-15 |
2017-07-11 | NT$0.58 | annually | 2017-08-11 |
2016-07-26 | NT$0.41 | annually | |
2015-07-16 | NT$0.55 | annually | |
2014-07-17 | NT$0.48 | annually | |
2013-07-18 | NT$0.45 | annually |
Cathay Chemical Works Dividend per year
Cathay Chemical Works Dividend growth
Cathay Chemical Works Dividend Yield
Cathay Chemical Works current trailing twelve-month (TTM) dividend yield is 2.78%. Interested in purchasing Cathay Chemical Works stock? Use our calculator to estimate your expected dividend yield:
Cathay Chemical Works Financial Ratios
Cathay Chemical Works Dividend FAQ
Other factors to consider when evaluating Cathay Chemical Works as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cathay Chemical Works's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cathay Chemical Works publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cathay Chemical Works distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cathay Chemical Works are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cathay Chemical Works sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cathay Chemical Works distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cathay Chemical Works declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cathay Chemical Works's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cathay Chemical Works's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.