Co-Tech Development Corporation, together with its subsidiaries, produces and sells copper foils in Taiwan and China. The company operates in Copper Foil and Other segments. It offers fiberglass, epoxy resin, copper foil, fiberglass cloth, and PI; copper foil substrate, printed circuit board, flexible copper clad laminate, flexible PCB, BGA carrier board, TAB, and chip on film; and AIoT, cloud, 5G communication, automotive, medical, wearable, home appliances, and computers products. The company was formerly known as Co-Tech Copper Foil Corporation and changed its name to Co-Tech Development Corporation in June 2014. Co-Tech Development Corporation was incorporated in 1998 and is headquartered in Taipei City, Taiwan.
Co-Tech Development Dividend Announcement
• Co-Tech Development announced a annually dividend of NT$1.50 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-07-09
• Co-Tech Development annual dividend for 2024 was NT$1.50
• Co-Tech Development annual dividend for 2023 was NT$2.50
• Co-Tech Development's trailing twelve-month (TTM) dividend yield is 2.52%
• Co-Tech Development's dividend growth over the last five years (2018-2023) was -3.58% year
Co-Tech Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-09 | NT$1.50 | annually | 2024-08-08 |
2023-07-07 | NT$2.50 | annually | 2023-08-08 |
2022-07-18 | NT$4.20 | annually | 2022-08-16 |
2021-08-25 | NT$2.00 | annually | 2021-09-23 |
2020-06-30 | NT$2.00 | annually | 2020-07-31 |
2019-07-01 | NT$2.20 | annually | 2019-08-01 |
2018-06-29 | NT$3.00 | annually | 2018-07-27 |
2011-08-15 | NT$1.36 | annually | |
2010-06-24 | NT$0.49 | annually |
Co-Tech Development Dividend per year
Co-Tech Development Dividend growth
Co-Tech Development Dividend Yield
Co-Tech Development current trailing twelve-month (TTM) dividend yield is 2.52%. Interested in purchasing Co-Tech Development stock? Use our calculator to estimate your expected dividend yield:
Co-Tech Development Financial Ratios
Co-Tech Development Dividend FAQ
Other factors to consider when evaluating Co-Tech Development 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: Co-Tech Development'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, Co-Tech Development 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, Co-Tech Development 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 Co-Tech Development 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: Co-Tech Development 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, Co-Tech Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Co-Tech Development 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 Co-Tech Development'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 Co-Tech Development'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.