Cathay Consolidated, Inc. operates as a contract manufacturer of technical fabrics and finished goods in Taiwan. The company operates through Fabrics and Finished Products divisions. The Fabrics division engages in development and production of thermoplastic polyurethane (TPU) films and technical fabrics. The Finished Products division processes TPU technical fabrics to manufacture a range of inflatable products for various purposes. The company serves its products to aviation, marine, and medical industries, as well as to outdoor retail and wholesale customers. Cathay Consolidated, Inc. was founded in 1982 and is based in Yilan, Taiwan.
Cathay Consolidated Dividend Announcement
• Cathay Consolidated announced a annually dividend of NT$5.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-21 • Cathay Consolidated annual dividend for 2024 was NT$5.00 • Cathay Consolidated annual dividend for 2023 was NT$5.37 • Cathay Consolidated's trailing twelve-month (TTM) dividend yield is 5.24% • Cathay Consolidated's payout ratio for the trailing twelve months (TTM) is 70.28%
Cathay Consolidated current trailing twelve-month (TTM) dividend yield is 5.24%. Interested in purchasing Cathay Consolidated stock? Use our calculator to estimate your expected dividend yield:
Cathay Consolidated Financial Ratios
P/E ratio14.67
PEG ratio0.15
P/B ratio3.26
ROE23.31%
Payout ratio70.28%
Current ratio3.56
Quick ratio1.91
Cash Ratio1.00
Cathay Consolidated Dividend FAQ
How much is the next Cathay Consolidated dividend?
Cathay Consolidated's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cathay Consolidated dividend. The next Cathay Consolidated dividend will be released in March.
When is Cathay Consolidated dividend paid?
Cathay Consolidated pays dividends on a annually basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cathay Consolidated pay?
The specific amount of Cathay Consolidated dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cathay Consolidated's dividend history.
Does Cathay Consolidated stock pay dividends?
Yes, Cathay Consolidated does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cathay Consolidated's dividend history.
How much dividend does Cathay Consolidated pay?
Cathay Consolidated paid NT$5.0 in 2024, NT$5.369 in 2023, NT$3.0 in 2022, NT$2.5 in 2021, and NT$2.5 in 2020.
How often does Cathay Consolidated pay dividends?
Cathay Consolidated typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is Cathay Consolidated's dividend yield?
The current dividend yield for Cathay Consolidated is 5.24%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cathay Consolidated's exact dividend yield.
When does Cathay Consolidated go ex dividend?
Cathay Consolidated's ex-dividend date for the latest dividend was on 2024-03-21. Cathay Consolidated typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cathay Consolidated dividend paid?
Cathay Consolidated pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Cathay Consolidated increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cathay Consolidated will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cathay Consolidated dividend per share?
Cathay Consolidated paid NT$5.0 per share in 2024 and NT$5.369 per share in 2023. The amount of dividend per share that Cathay Consolidated pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cathay Consolidated a dividend aristocrat?
No, 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 Cathay Consolidated a dividend king?
No, 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 Cathay Consolidated a dividend stock?
Yes, Cathay Consolidated is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cathay Consolidated a good dividend stock?
Whether Cathay Consolidated is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cathay Consolidated has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Cathay Consolidated 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.
Does Cathay Consolidated pay dividends monthly?
Cathay Consolidated typically pays dividends on a annually basis.
Does Cathay Consolidated pay dividends quarterly?
Cathay Consolidated currently pays dividends on a annually basis.
Has Cathay Consolidated ever paid a dividend?
Yes, Cathay Consolidated has a history of paying dividends to its shareholders. Cathay Consolidated is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cathay Consolidated dividend stocks?
To buy Cathay Consolidated 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Cathay Consolidated 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.
When does Cathay Consolidated pay dividends 2024?
Cathay Consolidated pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cathay Consolidated increase its dividend in 2024?
Decisions regarding Cathay Consolidated dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cathay Consolidated dividend overview you can look into the above table of dividend history.
How Cathay Consolidated dividend works?
The Cathay Consolidated dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cathay Consolidated's dividend process works:
1. Determination of Dividend: Cathay Consolidated'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 Consolidated 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 Consolidated 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 Consolidated 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.
How are Cathay Consolidated dividends paid?
Cathay Consolidated dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Cathay Consolidated 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 Consolidated 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 Consolidated 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.
How many times does Cathay Consolidated pay dividends?
Cathay Consolidated typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cathay Consolidated pay dividends?
The general pattern is that Cathay Consolidated pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cathay Consolidated dividend safe?
The safety of Cathay Consolidated's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Cathay Consolidated'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 Consolidated'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.