Hong Ho Precision Textile Co., Ltd. operates as a vertical integrated fabric manufacturer company in Taiwan. The company operates through four segments: Plain Weaving, Trade, Construction, and Others. It engages in the production of textiles through preparation, weaving, outsourcing dyeing and finishing, and outsourcing of finished products; manufacturing and trading of garments; construction business; and leasing of residential and commercial buildings. The company was founded in 1967 and is headquartered in Tainan City, Taiwan.
Hong Ho Precision Textile Dividend Announcement
• Hong Ho Precision Textile announced a annually dividend of NT$0.70 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-16
• Hong Ho Precision Textile annual dividend for 2024 was NT$0.70
• Hong Ho Precision Textile annual dividend for 2023 was NT$0.20
• Hong Ho Precision Textile's trailing twelve-month (TTM) dividend yield is 1.61%
• Hong Ho Precision Textile's payout ratio for the trailing twelve months (TTM) is 3.91%
• Hong Ho Precision Textile's dividend growth over the last five years (2018-2023) was -7.79% year
• Hong Ho Precision Textile's dividend growth over the last ten years (2013-2023) was -3.97% year
Hong Ho Precision Textile Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | NT$0.70 | annually | 2024-08-15 |
2023-07-14 | NT$0.20 | annually | 2023-08-11 |
2022-07-15 | NT$0.30 | annually | 2022-08-12 |
2021-08-13 | NT$0.30 | annually | 2021-09-10 |
2020-07-29 | NT$0.30 | annually | 2020-08-28 |
2019-08-29 | NT$0.30 | annually | 2019-09-20 |
2018-08-30 | NT$0.30 | annually | 2018-09-21 |
2017-08-30 | NT$0.10 | annually | 2017-09-22 |
2016-08-30 | NT$0.20 | annually | |
2015-08-19 | NT$0.30 | annually | |
2014-08-21 | NT$0.30 | annually | |
2013-09-03 | NT$0.30 | annually |
Hong Ho Precision Textile Dividend per year
Hong Ho Precision Textile Dividend growth
Hong Ho Precision Textile Dividend Yield
Hong Ho Precision Textile current trailing twelve-month (TTM) dividend yield is 1.61%. Interested in purchasing Hong Ho Precision Textile stock? Use our calculator to estimate your expected dividend yield:
Hong Ho Precision Textile Financial Ratios
Hong Ho Precision Textile Dividend FAQ
Other factors to consider when evaluating Hong Ho Precision Textile 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: Hong Ho Precision Textile'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, Hong Ho Precision Textile 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, Hong Ho Precision Textile 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 Hong Ho Precision Textile 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: Hong Ho Precision Textile 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, Hong Ho Precision Textile distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hong Ho Precision Textile 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 Hong Ho Precision Textile'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 Hong Ho Precision Textile'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.