China Ecotek Corporation engages in the planning, design, installation, and maintenance for environmental protection engineering, cogeneration engineering, and steel industry in Taiwan. It is also involved in the production and sales of machinery and equipment, such as steel equipment, railway vehicles, transportation equipment, and power generators; and production and sale of aluminum products. In addition, the company offers engineering technology and consultation services. Further, it imports and exports equipment materials. The company was founded in 1993 and is headquartered in Kaohsiung, Taiwan.
China Ecotek Dividend Announcement
• China Ecotek announced a annually dividend of NT$3.30 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-19
• China Ecotek annual dividend for 2024 was NT$3.30
• China Ecotek annual dividend for 2023 was NT$3.00
• China Ecotek's trailing twelve-month (TTM) dividend yield is 5.22%
• China Ecotek's payout ratio for the trailing twelve months (TTM) is 76.81%
• China Ecotek's dividend growth over the last five years (2018-2023) was 19.14% year
• China Ecotek's dividend growth over the last ten years (2013-2023) was -2.57% year
China Ecotek Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | NT$3.30 | annually | 2024-08-15 |
2023-07-19 | NT$3.00 | annually | 2023-08-16 |
2022-07-19 | NT$2.60 | annually | 2022-08-17 |
2021-09-14 | NT$1.35 | annually | 2021-09-30 |
2020-07-16 | NT$1.20 | annually | 2020-08-14 |
2019-07-18 | NT$1.10 | annually | 2019-08-15 |
2018-07-12 | NT$1.25 | annually | 2018-08-15 |
2017-07-13 | NT$1.80 | annually | 2017-08-15 |
2016-07-14 | NT$3.00 | annually | |
2015-07-22 | NT$4.50 | annually | |
2014-07-21 | NT$3.50 | annually | |
2013-07-09 | NT$3.89 | annually |
China Ecotek Dividend per year
China Ecotek Dividend growth
China Ecotek Dividend Yield
China Ecotek current trailing twelve-month (TTM) dividend yield is 5.22%. Interested in purchasing China Ecotek stock? Use our calculator to estimate your expected dividend yield:
China Ecotek Financial Ratios
China Ecotek Dividend FAQ
Other factors to consider when evaluating China Ecotek 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: China Ecotek'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, China Ecotek 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, China Ecotek 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 China Ecotek 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: China Ecotek 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, China Ecotek distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Ecotek 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 China Ecotek'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 China Ecotek'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.