Hong Yi Fiber Ind. Co., Ltd. manufactures and sells polyester processed yarns in Taiwan. It offers global recycled standard certified products. The company was founded in 1968 and is based in Taipei City, Taiwan.
Hong Yi Fiber Ind. Dividend Announcement
• Hong Yi Fiber Ind. announced a annually dividend of NT$0.30 per ordinary share which will be made payable on 2024-08-05. Ex dividend date: 2024-07-03 • Hong Yi Fiber Ind. annual dividend for 2024 was NT$0.30 • Hong Yi Fiber Ind. annual dividend for 2023 was NT$0.80 • Hong Yi Fiber Ind.'s trailing twelve-month (TTM) dividend yield is 1.85% • Hong Yi Fiber Ind.'s payout ratio for the trailing twelve months (TTM) is 52.45% • Hong Yi Fiber Ind.'s dividend growth over the last five years (2018-2023) was -10.59% year • Hong Yi Fiber Ind.'s dividend growth over the last ten years (2013-2023) was 4.81% year
Hong Yi Fiber Ind. current trailing twelve-month (TTM) dividend yield is 1.85%. Interested in purchasing Hong Yi Fiber Ind. stock? Use our calculator to estimate your expected dividend yield:
Hong Yi Fiber Ind. Financial Ratios
P/E ratio29.72
PEG ratio2.69
P/B ratio0.82
ROE2.73%
Payout ratio52.45%
Current ratio16.76
Quick ratio13.82
Cash Ratio5.69
Hong Yi Fiber Ind. Dividend FAQ
How much is the next Hong Yi Fiber Ind. dividend?
Hong Yi Fiber Ind.'s board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hong Yi Fiber Ind. dividend. The next Hong Yi Fiber Ind. dividend will be released in July.
When is Hong Yi Fiber Ind. dividend paid?
Hong Yi Fiber Ind. pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hong Yi Fiber Ind. pay?
The specific amount of Hong Yi Fiber Ind. dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hong Yi Fiber Ind.'s dividend history.
Does Hong Yi Fiber Ind. stock pay dividends?
Yes, Hong Yi Fiber Ind. does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hong Yi Fiber Ind.'s dividend history.
How much dividend does Hong Yi Fiber Ind. pay?
Hong Yi Fiber Ind. paid NT$0.3 in 2024, NT$0.8 in 2023, NT$2.0 in 2022, NT$0.7 in 2021, and NT$1.2 in 2020.
How often does Hong Yi Fiber Ind. pay dividends?
Hong Yi Fiber Ind. typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Hong Yi Fiber Ind.'s dividend yield?
The current dividend yield for Hong Yi Fiber Ind. is 1.85%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hong Yi Fiber Ind.'s exact dividend yield.
When does Hong Yi Fiber Ind. go ex dividend?
Hong Yi Fiber Ind.'s ex-dividend date for the latest dividend was on 2024-07-03. Hong Yi Fiber Ind. typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hong Yi Fiber Ind. dividend paid?
Hong Yi Fiber Ind. pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Hong Yi Fiber Ind. increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hong Yi Fiber Ind. will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hong Yi Fiber Ind. dividend per share?
Hong Yi Fiber Ind. paid NT$0.3 per share in 2024 and NT$0.8 per share in 2023. The amount of dividend per share that Hong Yi Fiber Ind. pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hong Yi Fiber Ind. a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Hong Yi Fiber Ind. a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Hong Yi Fiber Ind. a dividend stock?
Yes, Hong Yi Fiber Ind. is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hong Yi Fiber Ind. a good dividend stock?
Whether Hong Yi Fiber Ind. is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hong Yi Fiber Ind. has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hong Yi Fiber Ind. 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.
Does Hong Yi Fiber Ind. pay dividends monthly?
Hong Yi Fiber Ind. typically pays dividends on a annually basis.
Does Hong Yi Fiber Ind. pay dividends quarterly?
Hong Yi Fiber Ind. currently pays dividends on a annually basis.
Has Hong Yi Fiber Ind. ever paid a dividend?
Yes, Hong Yi Fiber Ind. has a history of paying dividends to its shareholders. Hong Yi Fiber Ind. is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hong Yi Fiber Ind. dividend stocks?
To buy Hong Yi Fiber Ind. you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Hong Yi Fiber Ind. 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.
When does Hong Yi Fiber Ind. pay dividends 2024?
Hong Yi Fiber Ind. pays dividends on a annually basis. 2024 dividend payments are in 2024-08-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hong Yi Fiber Ind. increase its dividend in 2024?
Decisions regarding Hong Yi Fiber Ind. dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hong Yi Fiber Ind. dividend overview you can look into the above table of dividend history.
How Hong Yi Fiber Ind. dividend works?
The Hong Yi Fiber Ind. dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hong Yi Fiber Ind.'s dividend process works:
1. Determination of Dividend: Hong Yi Fiber Ind.'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 Yi Fiber Ind. 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 Yi Fiber Ind. 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 Yi Fiber Ind. 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.
How are Hong Yi Fiber Ind. dividends paid?
Hong Yi Fiber Ind. dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hong Yi Fiber Ind. 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 Yi Fiber Ind. 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 Yi Fiber Ind. 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.
How many times does Hong Yi Fiber Ind. pay dividends?
Hong Yi Fiber Ind. typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hong Yi Fiber Ind. pay dividends?
The general pattern is that Hong Yi Fiber Ind. pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hong Yi Fiber Ind. dividend safe?
The safety of Hong Yi Fiber Ind.'s dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Hong Yi Fiber Ind.'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 Yi Fiber Ind.'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.