Ho Tung Chemical Corp. develops, manufactures, markets, exports, and sells various chemical products in Taiwan, China, Southeast Asia, and internationally. The company offers normal paraffin; linear alkylbenzene sulfonate produced as intermediate in the production of surfactants for use in detergent; anionic surfactants, including linear alkylbenzene sulphonic acid, and alcohol ether sulfates or sodium laureth sulphate; and cationic surfactants, such as palmityl tri-methyl ammonium chloride, stearyl tri-methyl ammonium chloride, and alkyl dimethyl benzyl ammonium chloride. It also provides non-ionic surfactants comprising fatty alcohols, fatty alcohol ethoxylates, and coconut diethanol amide; cocamidopropyl betaine and dodecyl dimethyl betaine; and de-aromatic solvents used in paints and coatings, consumer products, printing inks, and agricultural chemical applications. In addition, the company engages in the trading of oil and other goods; wholesale and trading of chemicals and fuels; leasing of oil reservoir; manufacture and sale of cement and cement raw materials, PMMA light guide plate, and various commodities; development of new energy and surfactant; and general investment activities. The company was incorporated in 1980 and is based in New Taipei City, Taiwan.
Ho Tung Chemical Dividend Announcement
• Ho Tung Chemical announced a annually dividend of NT$0.30 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-15
• Ho Tung Chemical annual dividend for 2024 was NT$0.30
• Ho Tung Chemical annual dividend for 2023 was NT$0.10
• Ho Tung Chemical's trailing twelve-month (TTM) dividend yield is 3.59%
Ho Tung Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | NT$0.30 | annually | 2024-09-13 |
2023-08-15 | NT$0.10 | annually | 2023-09-15 |
2022-08-04 | NT$0.42 | annually | 2022-09-08 |
2021-08-30 | NT$0.70 | annually | 2021-09-24 |
2019-10-25 | NT$0.15 | annually | 2019-11-26 |
2018-10-26 | NT$0.30 | annually | 2018-11-28 |
2013-09-17 | NT$0.18 | annually | |
2004-10-06 | NT$0.49 | annually | |
2003-10-13 | NT$0.20 | annually | |
2002-08-08 | NT$0.30 | annually | |
2000-07-03 | NT$0.40 | annually |
Ho Tung Chemical Dividend per year
Ho Tung Chemical Dividend growth
Ho Tung Chemical Dividend Yield
Ho Tung Chemical current trailing twelve-month (TTM) dividend yield is 3.59%. Interested in purchasing Ho Tung Chemical stock? Use our calculator to estimate your expected dividend yield:
Ho Tung Chemical Financial Ratios
Ho Tung Chemical Dividend FAQ
Other factors to consider when evaluating Ho Tung Chemical 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: Ho Tung Chemical'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, Ho Tung Chemical 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, Ho Tung Chemical 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 Ho Tung Chemical 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: Ho Tung Chemical 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, Ho Tung Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ho Tung Chemical 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 Ho Tung Chemical'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 Ho Tung Chemical'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.