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Evertop Wire Cable Corporation engages in the research and development, manufacture, and sale of wires and cables in Taiwan. The company offers bare and electrical wires; and power, communication, optical fiber, solar, electrical hybrid, water-resistant type, and electric vehicle cables under the EVERTOP brand. Its products are used in the building infrastructure, such as offices, residences, schools, hospitals, and industrial parks; and public transportation, including subways, tunnels, high-speed rail systems, stations, and airports. The company was founded in 1988 and is headquartered in Taipei City, Taiwan.

Evertop Wire Cable Dividend Announcement

Evertop Wire Cable announced a annually dividend of NT$0.37 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-28
Evertop Wire Cable annual dividend for 2024 was NT$0.37
Evertop Wire Cable's trailing twelve-month (TTM) dividend yield is 1.75%

Evertop Wire Cable Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-28NT$0.37annually2024-09-20
2007-08-22NT$0.18annually
2006-08-22NT$0.25annually
2005-09-06NT$0.26annually
2000-08-18NT$0.45annually

Evertop Wire Cable Dividend per year

Evertop Wire Cable Dividend growth

Evertop Wire Cable Dividend Yield

Evertop Wire Cable current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing Evertop Wire Cable stock? Use our calculator to estimate your expected dividend yield:

Evertop Wire Cable Financial Ratios

P/E ratio25.15
PEG ratio0.61
P/B ratio2.23
ROE8.77%
Payout ratio0.00%
Current ratio1.48
Quick ratio0.97
Cash Ratio0.36

Evertop Wire Cable Dividend FAQ

Does Evertop Wire Cable stock pay dividends?
Evertop Wire Cable does not currently pay dividends to its shareholders.
Has Evertop Wire Cable ever paid a dividend?
No, Evertop Wire Cable has no a history of paying dividends to its shareholders. Evertop Wire Cable is not known for its dividend payments.
Why doesn't Evertop Wire Cable pay dividends?
There are several potential reasons why Evertop Wire Cable would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Evertop Wire Cable ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Evertop Wire Cable has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Evertop Wire Cable a dividend aristocrat?
Evertop Wire Cable is not considered a Dividend Aristocrat. 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 Evertop Wire Cable a dividend king?
Evertop Wire Cable is not classified as a "Dividend King". 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 Evertop Wire Cable a dividend stock?
No, Evertop Wire Cable is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Evertop Wire Cable stocks?
To buy Evertop Wire Cable 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Evertop Wire Cable 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.