Jung Shing Wire Co., Ltd. manufactures and sells magnet wires in Taiwan. The company offers general magnet wires for motors, transformers, generators, telecommunication, mobiles, auto-controlling, in-house products, electronic apparatus, and aerospace and aviation related equipment; self-bonding magnet wires; and special magnet wires, including ribbon wires, parallel-laid multi-wires, copper-clad aluminum wires, aluminum wires, litz wires, high-tension magnet wires, silver magnet wires, silver- plate magnet wires, and surge resistance magnet wires. Its products are used in motors, coils, and transformers. Jung Shing Wire Co., Ltd. was founded in 1971 and is based in Tainan City, Taiwan.
Jung Shing Wire Dividend Announcement
• Jung Shing Wire announced a annually dividend of NT$0.28 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-07-30
• Jung Shing Wire annual dividend for 2024 was NT$0.28
• Jung Shing Wire annual dividend for 2023 was NT$0.30
• Jung Shing Wire's trailing twelve-month (TTM) dividend yield is 1.41%
• Jung Shing Wire's payout ratio for the trailing twelve months (TTM) is 184.44%
• Jung Shing Wire's dividend growth over the last five years (2018-2023) was -12.95% year
Jung Shing Wire Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-30 | NT$0.28 | annually | 2024-08-28 |
2023-07-27 | NT$0.30 | annually | 2023-08-28 |
2022-07-28 | NT$0.82 | annually | 2022-08-26 |
2021-09-16 | NT$0.60 | annually | 2021-10-15 |
2020-07-30 | NT$0.30 | annually | 2020-08-27 |
2019-08-26 | NT$1.00 | annually | 2019-09-26 |
2018-07-26 | NT$0.60 | annually | 2018-08-24 |
2017-07-31 | NT$0.25 | annually | 2017-08-25 |
2016-07-28 | NT$0.30 | annually | |
2015-07-29 | NT$0.30 | annually | |
2011-07-29 | NT$0.40 | annually | |
2008-08-14 | NT$0.10 | annually |
Jung Shing Wire Dividend per year
Jung Shing Wire Dividend growth
Jung Shing Wire Dividend Yield
Jung Shing Wire current trailing twelve-month (TTM) dividend yield is 1.41%. Interested in purchasing Jung Shing Wire stock? Use our calculator to estimate your expected dividend yield:
Jung Shing Wire Financial Ratios
Jung Shing Wire Dividend FAQ
Other factors to consider when evaluating Jung Shing Wire 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: Jung Shing Wire'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, Jung Shing Wire 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, Jung Shing Wire 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 Jung Shing Wire 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: Jung Shing Wire 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, Jung Shing Wire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jung Shing Wire 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 Jung Shing Wire'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 Jung Shing Wire'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.