Hua Eng Wire & Cable Co., Ltd. engages in the processing, manufacture, construction, and sale of wire, cable, and copper products in Taiwan. It offers oxygen-free copper rods and wires, bare and tinned copper wires, and aluminum conductors; and power cables, including PVC wires and, welding, heat and fire-resistance, PV, XLPE-PVC, LSFH, corrugated armor, aluminum-steel wire armor, EPR-N rubber, rubber insulated flexible, instrumentation, and shipboard cables. The company also provides communication cables, such as radio frequency coaxial, indoor, and indoor digital cables. In addition, it offers optical fiber cables comprising loose tube BJF type, indoor, self-supporting, single slotted core ribbon type, submarine, and micro-tube indoor optical fiber cables, as well as flat fiber cables. Further, it provides aluminum wires, coated-steel reinforced products, elevator cables, environmental cables, high voltage cables, LAN cables, solar cables, and PV-Ribbons. The company was formerly known as Hua Eng copper and Iron Industrial Co., Ltd. and changed its name to Hua Eng Wire & Cable Co., Ltd. in October 1987. Hua Eng Wire & Cable Co., Ltd. was incorporated in 1956 and is headquartered in Kaohsiung, Taiwan.
Hua Eng Wire & Cable Dividend Announcement
• Hua Eng Wire & Cable announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-10
• Hua Eng Wire & Cable annual dividend for 2024 was NT$1.00
• Hua Eng Wire & Cable annual dividend for 2023 was NT$0.40
• Hua Eng Wire & Cable's trailing twelve-month (TTM) dividend yield is 3.6%
• Hua Eng Wire & Cable's payout ratio for the trailing twelve months (TTM) is 62.31%
Hua Eng Wire & Cable Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | NT$1.00 | annually | 2024-08-15 |
2023-07-12 | NT$0.40 | annually | 2023-08-16 |
2022-07-07 | NT$1.50 | annually | 2022-08-11 |
2021-09-09 | NT$0.70 | annually | 2021-10-07 |
2020-07-08 | NT$0.66 | annually | 2020-08-13 |
2018-07-05 | NT$0.73 | annually | 2018-08-10 |
2014-06-26 | NT$0.70 | annually | |
2013-07-10 | NT$0.70 | annually | |
2011-07-19 | NT$0.35 | annually | |
2010-07-07 | NT$0.50 | annually | |
2008-08-04 | NT$0.70 | annually | |
2007-07-12 | NT$0.40 | annually |
Hua Eng Wire & Cable Dividend per year
Hua Eng Wire & Cable Dividend growth
Hua Eng Wire & Cable Dividend Yield
Hua Eng Wire & Cable current trailing twelve-month (TTM) dividend yield is 3.6%. Interested in purchasing Hua Eng Wire & Cable stock? Use our calculator to estimate your expected dividend yield:
Hua Eng Wire & Cable Financial Ratios
Hua Eng Wire & Cable Dividend FAQ
Other factors to consider when evaluating Hua Eng Wire & Cable 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: Hua Eng Wire & Cable'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, Hua Eng Wire & Cable 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, Hua Eng Wire & Cable 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 Hua Eng Wire & Cable 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: Hua Eng Wire & Cable 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, Hua Eng Wire & Cable distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hua Eng Wire & Cable 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 Hua Eng Wire & Cable'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 Hua Eng Wire & Cable'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.