Hong Tai Electric Industrial Co., Ltd. manufactures, processes, and sells wires and cables, communication products and accessories, and copper foil substrates. It offers cross-linked PE power cables, plastic wires/cables, low-smoke and non-toxic cables, heat-resistant cables, control cables, termite resistant cables, bare copper wires, rubber wires/cables, environmentally friendly wires/cables, lead-free PVC wires, combustion resistant cables, pre-made branch cables, gopher resistant cables, and smart cables. The company also provides solar power TUV, UL, EN, and IEC cables; wind power generation land cables; and copper clad laminate, prepreg, and insulating materials. In addition, it engages in the investment activities and cable installation projects. The company was founded in 1968 and is headquartered in Taipei, Taiwan.
Hong Tai Electric Industrial Dividend Announcement
• Hong Tai Electric Industrial announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-07-02
• Hong Tai Electric Industrial annual dividend for 2024 was NT$2.00
• Hong Tai Electric Industrial annual dividend for 2023 was NT$1.50
• Hong Tai Electric Industrial's trailing twelve-month (TTM) dividend yield is 5.85%
• Hong Tai Electric Industrial's payout ratio for the trailing twelve months (TTM) is 61.88%
• Hong Tai Electric Industrial's dividend growth over the last five years (2018-2023) was 24.57% year
• Hong Tai Electric Industrial's dividend growth over the last ten years (2013-2023) was 21.16% year
Hong Tai Electric Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-02 | NT$2.00 | annually | 2024-07-29 |
2023-07-10 | NT$1.50 | annually | 2023-07-28 |
2022-07-08 | NT$2.80 | annually | 2022-07-29 |
2021-07-06 | NT$1.20 | annually | 2021-08-10 |
2020-07-03 | NT$0.50 | annually | 2020-07-24 |
2019-07-09 | NT$0.32 | annually | 2019-07-26 |
2018-07-05 | NT$0.50 | annually | 2018-07-27 |
2017-06-29 | NT$0.28 | annually | 2017-07-28 |
2016-07-11 | NT$0.26 | annually | |
2015-07-15 | NT$0.60 | annually | |
2014-07-29 | NT$0.75 | annually | |
2013-07-30 | NT$0.22 | annually |
Hong Tai Electric Industrial Dividend per year
Hong Tai Electric Industrial Dividend growth
Hong Tai Electric Industrial Dividend Yield
Hong Tai Electric Industrial current trailing twelve-month (TTM) dividend yield is 5.85%. Interested in purchasing Hong Tai Electric Industrial stock? Use our calculator to estimate your expected dividend yield:
Hong Tai Electric Industrial Financial Ratios
Hong Tai Electric Industrial Dividend FAQ
Other factors to consider when evaluating Hong Tai Electric Industrial 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 Tai Electric Industrial'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 Tai Electric Industrial 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 Tai Electric Industrial 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 Tai Electric Industrial 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 Tai Electric Industrial 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 Tai Electric Industrial 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 Tai Electric Industrial 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 Tai Electric Industrial'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 Tai Electric Industrial'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.