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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 3.22%
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 dateDividend amountDividend typePay date
2024-07-12NT$1.00annually2024-08-15
2023-07-25NT$0.53annually2023-08-29

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 3.22%. 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

P/E ratio78.16
PEG ratio5.77
P/B ratio1.74
ROE2.25%
Payout ratio131.43%
Current ratio1.05
Quick ratio0.74
Cash Ratio0.16

Kao Hsing Chang Iron & Steel Dividend FAQ

Does Kao Hsing Chang Iron & Steel stock pay dividends?
Kao Hsing Chang Iron & Steel does not currently pay dividends to its shareholders.
Has Kao Hsing Chang Iron & Steel ever paid a dividend?
No, Kao Hsing Chang Iron & Steel has no a history of paying dividends to its shareholders. Kao Hsing Chang Iron & Steel is not known for its dividend payments.
Why doesn't Kao Hsing Chang Iron & Steel pay dividends?
There are several potential reasons why Kao Hsing Chang Iron & Steel would choose not to pay dividends to their shareholders:

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.
Will Kao Hsing Chang Iron & Steel ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Kao Hsing Chang Iron & Steel has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Kao Hsing Chang Iron & Steel a dividend aristocrat?
Kao Hsing Chang Iron & Steel is not considered a Dividend Aristocrat. 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 Kao Hsing Chang Iron & Steel a dividend king?
Kao Hsing Chang Iron & Steel is not classified as a "Dividend King". 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 Kao Hsing Chang Iron & Steel a dividend stock?
No, Kao Hsing Chang Iron & Steel is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Kao Hsing Chang Iron & Steel stocks?
To buy Kao Hsing Chang Iron & Steel 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Kao Hsing Chang Iron & Steel 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.