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Chung Hung Steel Corporation manufactures and sells steel products in Taiwan. It provides hot-rolled steel coils, cold-rolled steel coils, hot-dipped galvanized steel coils, JIS steel pipes, ASTM steel pipes, API steel pipes, and PE coated steel pipes. The company's products are used in steel pipes, sports equipment, bicycles, umbrellas, floor plates, C-type steels, scaffold pipes, rigid steel, construction equipment, oil drums, electroplated pipes, home appliances and automobile parts, office furniture, floor plates, gardening tubes, display stands, pressure piping and plumbing, general and mechanical structures, and rigid steel conduits, as well as oil and gas pipeline transportation. It exports its products to Hong Kong, China, New Zealand, Australia, South and Southeast Asia, Asia, the Middle East, Europe, Japan, Korea, the United States, and Canada. The company was formerly known as Yieh Loong Enterprise Co., Ltd. and changed its name to Chung Hung Steel Corporation in July 2004. Chung Hung Steel Corporation was incorporated in 1983 and is headquartered in Kaohsiung, Taiwan.

Chung Hung Steel Dividend Announcement

Chung Hung Steel announced a annually dividend of NT$0.10 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-26
Chung Hung Steel annual dividend for 2024 was NT$0.10
Chung Hung Steel annual dividend for 2023 was NT$0.35
Chung Hung Steel's trailing twelve-month (TTM) dividend yield is 0.49%
Chung Hung Steel's payout ratio for the trailing twelve months (TTM) is -19.71%

Chung Hung Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-26NT$0.10annually2024-08-23
2023-07-26NT$0.35annually2023-08-25
2022-07-26NT$2.80annually2022-08-25
2021-08-26NT$0.30annually2021-09-24
2019-07-25NT$0.10annually2019-08-21
2011-07-29NT$0.60annually
2008-07-21NT$2.03annually
2007-08-14NT$0.29annually
2005-08-23NT$0.56annually

Chung Hung Steel Dividend per year

Chung Hung Steel Dividend growth

Chung Hung Steel Dividend Yield

Chung Hung Steel current trailing twelve-month (TTM) dividend yield is 0.49%. Interested in purchasing Chung Hung Steel stock? Use our calculator to estimate your expected dividend yield:

Chung Hung Steel Financial Ratios

P/E ratio-40.71
PEG ratio4.64
P/B ratio2.01
ROE-4.68%
Payout ratio-19.71%
Current ratio1.37
Quick ratio0.51
Cash Ratio0.19

Chung Hung Steel Dividend FAQ

How much is the next Chung Hung Steel dividend?
Chung Hung Steel's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Chung Hung Steel dividend. The next Chung Hung Steel dividend will be released in July.
When is Chung Hung Steel dividend paid?
Chung Hung Steel pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Chung Hung Steel pay?
The specific amount of Chung Hung Steel dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chung Hung Steel's dividend history.
Does Chung Hung Steel stock pay dividends?
Yes, Chung Hung Steel does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chung Hung Steel's dividend history.
How much dividend does Chung Hung Steel pay?
Chung Hung Steel paid NT$0.1 in 2024, NT$0.35 in 2023, NT$2.8 in 2022, NT$0.3 in 2021, and NT$0.0 in 2020.
How often does Chung Hung Steel pay dividends?
Chung Hung Steel typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Chung Hung Steel's dividend yield?
The current dividend yield for Chung Hung Steel is 0.49%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Chung Hung Steel's exact dividend yield.
When does Chung Hung Steel go ex dividend?
Chung Hung Steel's ex-dividend date for the latest dividend was on 2024-07-26. Chung Hung Steel typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Chung Hung Steel dividend paid?
Chung Hung Steel pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Chung Hung Steel increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Chung Hung Steel will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Chung Hung Steel dividend per share?
Chung Hung Steel paid NT$0.1 per share in 2024 and NT$0.35 per share in 2023. The amount of dividend per share that Chung Hung Steel pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Chung Hung Steel a dividend aristocrat?
No, 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 Chung Hung Steel a dividend king?
No, 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 Chung Hung Steel a dividend stock?
Yes, Chung Hung Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chung Hung Steel a good dividend stock?
Whether Chung Hung Steel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Chung Hung Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Chung Hung Steel 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.
Does Chung Hung Steel pay dividends monthly?
Chung Hung Steel typically pays dividends on a annually basis.
Does Chung Hung Steel pay dividends quarterly?
Chung Hung Steel currently pays dividends on a annually basis.
Has Chung Hung Steel ever paid a dividend?
Yes, Chung Hung Steel has a history of paying dividends to its shareholders. Chung Hung Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chung Hung Steel dividend stocks?
To buy Chung Hung Steel 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Chung Hung Steel 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.
When does Chung Hung Steel pay dividends 2024?
Chung Hung Steel pays dividends on a annually basis. 2024 dividend payments are in 2024-08-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Chung Hung Steel increase its dividend in 2024?
Decisions regarding Chung Hung Steel dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Chung Hung Steel dividend overview you can look into the above table of dividend history.
How Chung Hung Steel dividend works?
The Chung Hung Steel dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Chung Hung Steel's dividend process works:

1. Determination of Dividend: Chung Hung Steel'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 Hung Steel 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 Hung Steel 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 Hung Steel 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.
How are Chung Hung Steel dividends paid?
Chung Hung Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Chung Hung Steel 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 Hung Steel 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 Hung Steel 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.
How many times does Chung Hung Steel pay dividends?
Chung Hung Steel typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Chung Hung Steel pay dividends?
The general pattern is that Chung Hung Steel pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Chung Hung Steel dividend safe?
The safety of Chung Hung Steel's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Chung Hung Steel'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 Hung Steel'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.