Chun Yuan Steel Industry Co., Ltd. produces and sells steel products in Taiwan and rest of Asia. The company offers hot and cold rolled steel sheets, cold rolled steel bar coils, enamel steel sheets and steel bar coils, coated steel sheets and bar coils, aluminum sheets and coils, alloy-aluminum sheets and coils, H-beam and cellular H-beam steel for welded structures, and steel base and reinforced plates. It also provides machinery products, steel structures, motor cores, EI sheets, magnetic steel coils, plate/bar/round/square/angled steel, and cold rolled carbon bar steel coils, as well as brass, phosphor bronze, copper strips. In addition, the company offers logistics equipment, shelf for heavy materials, 3-D automated storage system, and container angles, as well as autos and electric appliances parts. Further, it engages in civil and construction engineering activities, including factory buildings, multi-storey buildings, and bridges. The company was founded in 1965 and is headquartered in Taipei City, Taiwan.
Chun Yuan Steel Industry Dividend Announcement
• Chun Yuan Steel Industry announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-07-04
• Chun Yuan Steel Industry annual dividend for 2024 was NT$1.00
• Chun Yuan Steel Industry annual dividend for 2023 was NT$0.60
• Chun Yuan Steel Industry's trailing twelve-month (TTM) dividend yield is 5.43%
• Chun Yuan Steel Industry's payout ratio for the trailing twelve months (TTM) is 42.18%
• Chun Yuan Steel Industry's dividend growth over the last five years (2018-2023) was 3.71% year
• Chun Yuan Steel Industry's dividend growth over the last ten years (2013-2023) was 1.84% year
Chun Yuan Steel Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | NT$1.00 | annually | 2024-08-02 |
2023-07-18 | NT$0.60 | annually | 2023-08-16 |
2022-04-21 | NT$1.30 | annually | 2022-05-26 |
2021-07-09 | NT$0.60 | annually | 2021-08-10 |
2020-07-09 | NT$0.30 | annually | 2020-08-06 |
2019-07-19 | NT$0.56 | annually | 2019-08-15 |
2018-07-03 | NT$0.50 | annually | 2018-07-31 |
2017-07-04 | NT$0.70 | annually | 2017-07-31 |
2016-07-12 | NT$0.50 | annually | |
2015-06-29 | NT$0.50 | annually | |
2014-07-04 | NT$1.20 | annually | |
2013-07-03 | NT$0.50 | annually |
Chun Yuan Steel Industry Dividend per year
Chun Yuan Steel Industry Dividend growth
Chun Yuan Steel Industry Dividend Yield
Chun Yuan Steel Industry current trailing twelve-month (TTM) dividend yield is 5.43%. Interested in purchasing Chun Yuan Steel Industry stock? Use our calculator to estimate your expected dividend yield:
Chun Yuan Steel Industry Financial Ratios
Chun Yuan Steel Industry Dividend FAQ
Other factors to consider when evaluating Chun Yuan Steel Industry 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: Chun Yuan Steel Industry'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, Chun Yuan Steel Industry 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, Chun Yuan Steel Industry 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 Chun Yuan Steel Industry 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: Chun Yuan Steel Industry 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, Chun Yuan Steel Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chun Yuan Steel Industry 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 Chun Yuan Steel Industry'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 Chun Yuan Steel Industry'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.