Gourmet Master Co. Ltd., an investment holding company, operates and franchises a chain of cafes in China, Taiwan, the United States, and internationally. The company operates its cafes under the 85°C name that provide coffee, cake, and bakery goods. As of December 31, 2019, it operated approximately 400 stores in Taiwan, 600 stores in China, 65 stores in the United States, 18 stores in Australia, and 8 stores in Hong Kong. It also provides birthday cakes, delicacy cakes, cake rolls, specialty cakes, toasts, Taiwanese/Japanese/European/Danish bread, sandwiches, donuts, coffee, tea, milk tea, smoothies, shakes, and juices; and others, including pineapple cakes, nougats, egg rolls, and gift boxes. Gourmet Master Co. Ltd. was founded in 2005 and is based in Taichung, Taiwan.
Gourmet Master Dividend Announcement
• Gourmet Master announced a annually dividend of NT$3.50 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-06-18
• Gourmet Master annual dividend for 2024 was NT$3.50
• Gourmet Master annual dividend for 2023 was NT$2.50
• Gourmet Master's trailing twelve-month (TTM) dividend yield is 3.85%
• Gourmet Master's payout ratio for the trailing twelve months (TTM) is 93.44%
• Gourmet Master's dividend growth over the last five years (2018-2023) was -16.06% year
• Gourmet Master's dividend growth over the last ten years (2013-2023) was -4.40% year
Gourmet Master Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | NT$3.50 | annually | 2024-07-10 |
2023-06-16 | NT$2.50 | annually | 2023-07-10 |
2022-06-20 | NT$5.00 | annually | 2022-07-11 |
2021-07-27 | NT$4.00 | annually | 2021-08-13 |
2020-06-22 | NT$3.00 | annually | 2020-07-15 |
2019-07-02 | NT$5.00 | annually | 2019-07-16 |
2018-06-21 | NT$6.00 | annually | 2018-07-13 |
2017-06-30 | NT$4.53 | annually | 2017-07-17 |
2016-06-22 | NT$1.96 | annually | |
2015-06-25 | NT$0.94 | annually | |
2014-06-24 | NT$1.02 | annually | |
2013-06-27 | NT$3.92 | annually |
Gourmet Master Dividend per year
Gourmet Master Dividend growth
Gourmet Master Dividend Yield
Gourmet Master current trailing twelve-month (TTM) dividend yield is 3.85%. Interested in purchasing Gourmet Master stock? Use our calculator to estimate your expected dividend yield:
Gourmet Master Financial Ratios
Gourmet Master Dividend FAQ
Other factors to consider when evaluating Gourmet Master 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: Gourmet Master'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, Gourmet Master 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, Gourmet Master 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 Gourmet Master 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: Gourmet Master 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, Gourmet Master distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gourmet Master 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 Gourmet Master'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 Gourmet Master'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.