Kao Hsing Chang Iron & Steel Corp. produces and sells steel pipes and plates and tin plates in Taiwan. It offers cold and hot rolled and coated steel coils. The company also engages in metal building structures, components manufacturing, leasing, parking lot management, and other wholesale business activities. The company was founded in 1966 and is based in Kaohsiung City, Taiwan.
Kao Hsing Chang Iron & Steel Dividend Announcement
• Kao Hsing Chang Iron & Steel announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-12
• Kao Hsing Chang Iron & Steel annual dividend for 2024 was NT$1.00
• Kao Hsing Chang Iron & Steel annual dividend for 2023 was NT$0.53
• Kao Hsing Chang Iron & Steel's trailing twelve-month (TTM) dividend yield is 3.13%
• Kao Hsing Chang Iron & Steel's payout ratio for the trailing twelve months (TTM) is 131.43%
Kao Hsing Chang Iron & Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | NT$1.00 | annually | 2024-08-15 |
2023-07-25 | NT$0.53 | annually | 2023-08-29 |
Kao Hsing Chang Iron & Steel Dividend per year
Kao Hsing Chang Iron & Steel Dividend Yield
Kao Hsing Chang Iron & Steel current trailing twelve-month (TTM) dividend yield is 3.13%. Interested in purchasing Kao Hsing Chang Iron & Steel stock? Use our calculator to estimate your expected dividend yield:
Kao Hsing Chang Iron & Steel Financial Ratios
Kao Hsing Chang Iron & Steel Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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