Coremax Corporation engages in the research, development, production, manufacture, and sale of metal-based specialty chemicals and electronic/battery materials in Taiwan. It provides oxidation catalysts in liquid and crystalline forms; specialty chemicals for use in tires, pigments, paints, and electronic and traditional industries; battery materials that are used in the manufacture of rechargeable lithium-ion batteries; and chemical and organic compound fertilizers. The company was formerly known as Coremax Taiwan Corporation and changed its name to Coremax Corporation in 2000. Coremax Corporation was founded in 1992 and is based in Hsinchu City, Taiwan.
Coremax Dividend Announcement
• Coremax announced a annually dividend of NT$0.80 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-06-24
• Coremax annual dividend for 2024 was NT$0.80
• Coremax annual dividend for 2023 was NT$2.98
• Coremax's trailing twelve-month (TTM) dividend yield is 1.36%
• Coremax's payout ratio for the trailing twelve months (TTM) is 540.95%
• Coremax's dividend growth over the last five years (2018-2023) was 0.46% year
• Coremax's dividend growth over the last ten years (2013-2023) was 26.22% year
Coremax Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | NT$0.80 | annually | 2024-07-18 |
2023-08-01 | NT$2.98 | annually | 2023-09-06 |
2022-06-24 | NT$3.00 | annually | 2022-07-20 |
2021-07-20 | NT$1.20 | annually | 2021-08-13 |
2020-07-01 | NT$1.19 | annually | 2020-07-24 |
2019-07-08 | NT$3.12 | annually | 2019-07-31 |
2018-07-09 | NT$2.91 | annually | 2018-07-30 |
2017-07-04 | NT$2.61 | annually | 2017-07-26 |
2016-07-06 | NT$1.51 | annually | |
2015-07-23 | NT$0.99 | annually | |
2014-08-22 | NT$0.48 | annually | |
2013-09-17 | NT$0.29 | annually |
Coremax Dividend per year
Coremax Dividend growth
Coremax Dividend Yield
Coremax current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Coremax stock? Use our calculator to estimate your expected dividend yield:
Coremax Financial Ratios
Coremax Dividend FAQ
Other factors to consider when evaluating Coremax 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: Coremax'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, Coremax 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, Coremax 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 Coremax 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: Coremax 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, Coremax distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Coremax 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 Coremax'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 Coremax'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.