Goodway Machine Corp. develops, manufactures, and sells CNC turning machines. The company provides multi-axis, vertical, horizontal, swiss, and wheel turning products; grinders; and automation turning products, including bar feeders, gantry loading systems, loading and unloading systems, parts catchers and probes, tool presetter, and steady rests. It offers its products through a network of dealers in Asia, the Americas, Africa, Europe, and Oceania. The company was founded in 1975 and is headquartered in Taichung, Taiwan.
Goodway Machine Dividend Announcement
• Goodway Machine announced a annually dividend of NT$4.00 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-15
• Goodway Machine annual dividend for 2024 was NT$4.00
• Goodway Machine annual dividend for 2023 was NT$3.00
• Goodway Machine's trailing twelve-month (TTM) dividend yield is 6.38%
• Goodway Machine's payout ratio for the trailing twelve months (TTM) is 48.71%
• Goodway Machine's dividend growth over the last five years (2018-2023) was 3.71% year
• Goodway Machine's dividend growth over the last ten years (2013-2023) was 5.27% year
Goodway Machine Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | NT$4.00 | annually | 2024-09-06 |
2023-08-10 | NT$3.00 | annually | 2023-09-01 |
2022-08-11 | NT$2.50 | annually | 2022-09-02 |
2021-08-12 | NT$3.00 | annually | 2021-09-03 |
2020-08-13 | NT$3.00 | annually | 2020-09-04 |
2019-09-02 | NT$3.00 | annually | 2019-09-25 |
2018-09-05 | NT$2.50 | annually | 2018-09-28 |
2017-08-18 | NT$1.00 | annually | 2017-09-15 |
2016-09-01 | NT$0.50 | annually | |
2015-10-15 | NT$3.18 | annually | |
2014-08-27 | NT$2.31 | annually | |
2013-07-18 | NT$1.79 | annually |
Goodway Machine Dividend per year
Goodway Machine Dividend growth
Goodway Machine Dividend Yield
Goodway Machine current trailing twelve-month (TTM) dividend yield is 6.38%. Interested in purchasing Goodway Machine stock? Use our calculator to estimate your expected dividend yield:
Goodway Machine Financial Ratios
Goodway Machine Dividend FAQ
Other factors to consider when evaluating Goodway Machine 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.
Place an order: Use the brokerage's trading platform to place an order to buy Goodway Machine 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.
1. Determination of Dividend: Goodway Machine'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, Goodway Machine 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, Goodway Machine 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 Goodway Machine 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: Goodway Machine 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, Goodway Machine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Goodway Machine 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 Goodway Machine'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 Goodway Machine'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.