Cheng Loong Corporation manufactures and sells paper products in Taiwan, Mainland China, and Southeast Asia. The company offers industrial paper products, including linerboards; and corrugated containers, such as corrugated sheet boards, display containers, and paper pallets, as well as pre-print services. It also provides household paper products, such as toilet papers, facial tissues, kitchen papers, and paper towels under the Andante brand name, as well as baby diapers and foaming hand soap; fine papers, coated duplex boards, and various specialty papers; and bond papers. In addition, the company offers green paper art products for children's educational toys, pet toys, and cultural and creative products, as well as builds residential and commercial premises for rent and sale. Further, it provides electronic components, optical instruments, glass products, and precision instruments; corrugated, display, and paper boxes; cartons, wrapping papers, separators, and lithographic and flexographic packaging products; kraft linerboards, foams, anti-static bubble bags, plastic buffer packaging materials, and packaging decoration printing products; and water treatment, sewage treatment, and maintenance and technical repairment services. Cheng Loong Corporation was founded in 1959 and is headquartered in New Taipei City, Taiwan.
Cheng Loong Dividend Announcement
• Cheng Loong announced a annually dividend of NT$0.50 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-06-24
• Cheng Loong annual dividend for 2024 was NT$0.50
• Cheng Loong annual dividend for 2023 was NT$1.10
• Cheng Loong's trailing twelve-month (TTM) dividend yield is 2.09%
• Cheng Loong's payout ratio for the trailing twelve months (TTM) is 118.09%
• Cheng Loong's dividend growth over the last five years (2018-2023) was 9.46% year
• Cheng Loong's dividend growth over the last ten years (2013-2023) was 6.25% year
Cheng Loong Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | NT$0.50 | annually | 2024-07-26 |
2023-06-27 | NT$1.10 | annually | 2023-07-28 |
2022-06-28 | NT$1.90 | annually | 2022-07-29 |
2021-08-17 | NT$1.80 | annually | 2021-09-17 |
2020-07-06 | NT$1.20 | annually | 2020-08-07 |
2019-07-11 | NT$1.10 | annually | 2019-08-15 |
2018-07-12 | NT$0.70 | annually | 2018-08-17 |
2017-07-13 | NT$0.50 | annually | 2017-08-17 |
2016-07-07 | NT$0.60 | annually | |
2015-07-13 | NT$0.35 | annually | |
2014-07-14 | NT$0.60 | annually | |
2013-07-15 | NT$0.60 | annually |
Cheng Loong Dividend per year
Cheng Loong Dividend growth
Cheng Loong Dividend Yield
Cheng Loong current trailing twelve-month (TTM) dividend yield is 2.09%. Interested in purchasing Cheng Loong stock? Use our calculator to estimate your expected dividend yield:
Cheng Loong Financial Ratios
Cheng Loong Dividend FAQ
Other factors to consider when evaluating Cheng Loong 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: Cheng Loong'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, Cheng Loong 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, Cheng Loong 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 Cheng Loong 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: Cheng Loong 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, Cheng Loong distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cheng Loong 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 Cheng Loong'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 Cheng Loong'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.