Chung-Hsin Electric and Machinery Manufacturing Corp. engages in the manufacture and sale of electric motors and generators in Taiwan and internationally. The company offers power equipment and machinery; power automation products; and electricity meter products; system engineering; and generators and air conditioning systems. It provides electrical and mechanical, and property management services; energy management services; and engages in urban regeneration. In addition, the company offers fuel cell products and smart micro grids; aerospace parts, semiconductor equipment parts, pressure vessel fabrication, cases components, and power distribution boxes, as well as control boxes, train door, MRT platform doors, and precision machining products. Chung-Hsin Electric and Machinery Manufacturing Corp. was founded in 1956 and is based in Taoyuan City, Taiwan.
Chung-Hsin Electric and Machinery Manufacturing Dividend Announcement
• Chung-Hsin Electric and Machinery Manufacturing announced a annually dividend of NT$3.60 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-07-01
• Chung-Hsin Electric and Machinery Manufacturing annual dividend for 2024 was NT$3.60
• Chung-Hsin Electric and Machinery Manufacturing annual dividend for 2023 was NT$3.31
• Chung-Hsin Electric and Machinery Manufacturing's trailing twelve-month (TTM) dividend yield is 2.26%
• Chung-Hsin Electric and Machinery Manufacturing's dividend growth over the last five years (2018-2023) was 27.08% year
• Chung-Hsin Electric and Machinery Manufacturing's dividend growth over the last ten years (2013-2023) was 11.23% year
Chung-Hsin Electric and Machinery Manufacturing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | NT$3.60 | annually | 2024-07-26 |
2023-07-14 | NT$3.31 | annually | 2023-08-10 |
2022-07-25 | NT$2.80 | annually | 2022-08-12 |
2021-09-07 | NT$2.20 | annually | 2021-09-30 |
2020-09-10 | NT$1.20 | annually | 2020-09-30 |
2019-08-28 | NT$1.00 | annually | 2019-09-12 |
2018-08-29 | NT$1.00 | annually | 2018-09-20 |
2017-08-28 | NT$1.00 | annually | 2017-09-20 |
2016-08-30 | NT$1.00 | annually | |
2015-08-31 | NT$1.20 | annually | |
2014-11-27 | NT$0.80 | annually | |
2013-08-29 | NT$1.14 | annually |
Chung-Hsin Electric and Machinery Manufacturing Dividend per year
Chung-Hsin Electric and Machinery Manufacturing Dividend growth
Chung-Hsin Electric and Machinery Manufacturing Dividend Yield
Chung-Hsin Electric and Machinery Manufacturing current trailing twelve-month (TTM) dividend yield is 2.26%. Interested in purchasing Chung-Hsin Electric and Machinery Manufacturing stock? Use our calculator to estimate your expected dividend yield:
Chung-Hsin Electric and Machinery Manufacturing Financial Ratios
Chung-Hsin Electric and Machinery Manufacturing Dividend FAQ
Other factors to consider when evaluating Chung-Hsin Electric and Machinery Manufacturing 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: Chung-Hsin Electric and Machinery Manufacturing'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, Chung-Hsin Electric and Machinery Manufacturing 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, Chung-Hsin Electric and Machinery Manufacturing 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 Chung-Hsin Electric and Machinery Manufacturing 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: Chung-Hsin Electric and Machinery Manufacturing 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, Chung-Hsin Electric and Machinery Manufacturing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chung-Hsin Electric and Machinery Manufacturing 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 Chung-Hsin Electric and Machinery Manufacturing'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 Chung-Hsin Electric and Machinery Manufacturing'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.