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Century Iron and Steel Industrial Co.,Ltd. engages in the manufacture and sale of steel structures in Taiwan and Myanmar. The company is also involved in the welding of steel structure; and assembling and exporting of wind power turbines. Its products are used in high-rise buildings, bridges, factories, public construction, and other projects. The company was founded in 1987 and is based in Taoyuan City, Taiwan.

Century Iron and Steel Industrial Dividend Announcement

• Century Iron and Steel Industrial announced a annually dividend of NT$2.91 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-22
• Century Iron and Steel Industrial annual dividend for 2024 was NT$2.91
• Century Iron and Steel Industrial annual dividend for 2023 was NT$0.49
• Century Iron and Steel Industrial's trailing twelve-month (TTM) dividend yield is 1.38%
• Century Iron and Steel Industrial's payout ratio for the trailing twelve months (TTM) is 5.89%
• Century Iron and Steel Industrial's dividend growth over the last five years (2018-2023) was 10.50% year
• Century Iron and Steel Industrial's dividend growth over the last ten years (2013-2023) was 7.87% year

Century Iron and Steel Industrial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22NT$2.91annually2024-09-20
2023-08-31NT$0.49annually
2022-09-20NT$2.99annually
2021-08-31NT$2.98annually
2020-08-20NT$0.99annually
2019-09-18NT$0.30annually
2018-08-09NT$0.30annually
2017-08-24NT$0.30annually
2016-07-28NT$0.40annually
2015-08-21NT$0.10annually
2014-08-08NT$0.78annually
2013-10-16NT$0.23annually

Century Iron and Steel Industrial Dividend per year

Century Iron and Steel Industrial Dividend growth

Century Iron and Steel Industrial Dividend Yield

Century Iron and Steel Industrial current trailing twelve-month (TTM) dividend yield is 1.38%. Interested in purchasing Century Iron and Steel Industrial stock? Use our calculator to estimate your expected dividend yield:

Century Iron and Steel Industrial Financial Ratios

P/E ratio27.53
PEG ratio11.62
P/B ratio4.36
ROE19.32%
Payout ratio5.89%
Current ratio2.15
Quick ratio2.01
Cash Ratio0.70

Century Iron and Steel Industrial Dividend FAQ

Does Century Iron and Steel Industrial stock pay dividends?
Century Iron and Steel Industrial does not currently pay dividends to its shareholders.
Has Century Iron and Steel Industrial ever paid a dividend?
No, Century Iron and Steel Industrial has no a history of paying dividends to its shareholders. Century Iron and Steel Industrial is not known for its dividend payments.
Why doesn't Century Iron and Steel Industrial pay dividends?
There are several potential reasons why Century Iron and Steel Industrial 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 Century Iron and Steel Industrial 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 Century Iron and Steel Industrial 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 Century Iron and Steel Industrial a dividend aristocrat?
Century Iron and Steel Industrial 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 Century Iron and Steel Industrial a dividend king?
Century Iron and Steel Industrial 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 Century Iron and Steel Industrial a dividend stock?
No, Century Iron and Steel Industrial 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 Century Iron and Steel Industrial stocks?
To buy Century Iron and Steel Industrial 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 Century Iron and Steel Industrial 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.