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Fortune Electric Co., Ltd. manufactures, processes, and trades in power transformers, switchboards, high and low voltage switches, and substation equipment in Taiwan. It offers power, distribution, cast resin, and amorphous metal core transformers; and metal-clad switchgears, gas insulated switches, switchgear panels, motor control centers, gas insulated switches, and transmission and distribution apparatus. The company was incorporated in 1969 and is headquartered in Taoyuan City, Taiwan.

Fortune Electric Dividend Announcement

Fortune Electric announced a annually dividend of NT$6.00 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-07-26
Fortune Electric annual dividend for 2024 was NT$6.00
Fortune Electric annual dividend for 2023 was NT$2.50
Fortune Electric's trailing twelve-month (TTM) dividend yield is 1.07%
Fortune Electric's payout ratio for the trailing twelve months (TTM) is 19.66%
Fortune Electric's dividend growth over the last five years (2018-2023) was 44.27% year
Fortune Electric's dividend growth over the last ten years (2013-2023) was 37.97% year

Fortune Electric Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-26NT$6.00annually2024-08-30
2023-07-27NT$2.50annually2023-08-24
2022-07-29NT$1.00annually2022-08-25
2021-07-30NT$1.30annually2021-08-20
2020-07-30NT$1.00annually2020-08-20
2019-07-18NT$0.30annually2019-08-15
2018-07-19NT$0.40annually2018-08-15
2017-07-21NT$0.80annually2017-08-17
2016-07-13NT$0.60annually
2015-08-27NT$0.60annually
2014-08-05NT$0.32annually
2013-08-22NT$0.10annually

Fortune Electric Dividend per year

Fortune Electric Dividend growth

Fortune Electric Dividend Yield

Fortune Electric current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Fortune Electric stock? Use our calculator to estimate your expected dividend yield:

Fortune Electric Financial Ratios

P/E ratio54.61
PEG ratio-0.48
P/B ratio30.32
ROE60.32%
Payout ratio19.66%
Current ratio1.32
Quick ratio0.74
Cash Ratio0.29

Fortune Electric Dividend FAQ

How much is the next Fortune Electric dividend?
Fortune Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Fortune Electric dividend. The next Fortune Electric dividend will be released in July.
When is Fortune Electric dividend paid?
Fortune Electric 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 Fortune Electric pay?
The specific amount of Fortune Electric 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 Fortune Electric's dividend history.
Does Fortune Electric stock pay dividends?
Yes, Fortune Electric 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 Fortune Electric's dividend history.
How much dividend does Fortune Electric pay?
Fortune Electric paid NT$6.0 in 2024, NT$2.5 in 2023, NT$1.0 in 2022, NT$1.3 in 2021, and NT$1.0 in 2020.
How often does Fortune Electric pay dividends?
Fortune Electric 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 Fortune Electric's dividend yield?
The current dividend yield for Fortune Electric is 1.07%. 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 Fortune Electric's exact dividend yield.
When does Fortune Electric go ex dividend?
Fortune Electric's ex-dividend date for the latest dividend was on 2024-07-26. Fortune Electric 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 Fortune Electric dividend paid?
Fortune Electric pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Fortune Electric 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 Fortune Electric 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 Fortune Electric dividend per share?
Fortune Electric paid NT$6.0 per share in 2024 and NT$2.5 per share in 2023. The amount of dividend per share that Fortune Electric 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 Fortune Electric 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 Fortune Electric 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 Fortune Electric a dividend stock?
Yes, Fortune Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Fortune Electric a good dividend stock?
Whether Fortune Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Fortune Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Fortune Electric 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 Fortune Electric pay dividends monthly?
Fortune Electric typically pays dividends on a annually basis.
Does Fortune Electric pay dividends quarterly?
Fortune Electric currently pays dividends on a annually basis.
Has Fortune Electric ever paid a dividend?
Yes, Fortune Electric has a history of paying dividends to its shareholders. Fortune Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Fortune Electric dividend stocks?
To buy Fortune Electric 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 Fortune Electric 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 Fortune Electric pay dividends 2024?
Fortune Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-08-30. 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 Fortune Electric increase its dividend in 2024?
Decisions regarding Fortune Electric 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 Fortune Electric dividend overview you can look into the above table of dividend history.
How Fortune Electric dividend works?
The Fortune Electric 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 Fortune Electric's dividend process works:

1. Determination of Dividend: Fortune Electric'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, Fortune Electric 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, Fortune Electric 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 Fortune Electric 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 Fortune Electric dividends paid?
Fortune Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Fortune Electric 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, Fortune Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Fortune Electric 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 Fortune Electric pay dividends?
Fortune Electric 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 Fortune Electric pay dividends?
The general pattern is that Fortune Electric 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 Fortune Electric dividend safe?
The safety of Fortune Electric'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 Fortune Electric'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 Fortune Electric'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.