Kenda Rubber Industrial Co. Ltd. designs, manufactures, and trades in tires in Taiwan. It offers automotive, bicycle, wheelchair, power sport, and turf/trailer/specialty tires. The company also provides inner tubes and tires for bicycles, scooters, industrial trucks, and cars, as well as various products of carbon fiber; and marketing planning services. It also manufactures and sells wheels and rims. Kenda Rubber Industrial Co. Ltd. was incorporated in 1962 and is based in Yuanlin, Taiwan.
Kenda Rubber Industrial Dividend Announcement
• Kenda Rubber Industrial announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-17
• Kenda Rubber Industrial annual dividend for 2024 was NT$1.00
• Kenda Rubber Industrial annual dividend for 2023 was NT$0.50
• Kenda Rubber Industrial's trailing twelve-month (TTM) dividend yield is 3.34%
• Kenda Rubber Industrial's payout ratio for the trailing twelve months (TTM) is 26.22%
• Kenda Rubber Industrial's dividend growth over the last five years (2018-2023) was -15.40% year
• Kenda Rubber Industrial's dividend growth over the last ten years (2013-2023) was -9.60% year
Kenda Rubber Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-17 | NT$1.00 | annually | 2024-07-12 |
2023-07-14 | NT$0.50 | annually | 2023-08-18 |
2022-09-05 | NT$1.00 | annually | 2022-09-30 |
2021-08-26 | NT$1.00 | annually | 2021-09-24 |
2020-09-02 | NT$0.38 | annually | 2020-10-07 |
2019-08-27 | NT$0.96 | annually | 2019-09-25 |
2018-08-27 | NT$1.15 | annually | 2018-09-21 |
2017-08-29 | NT$1.92 | annually | 2017-09-27 |
2016-08-31 | NT$2.03 | annually | |
2015-08-28 | NT$1.92 | annually | |
2014-08-28 | NT$1.51 | annually | |
2013-08-29 | NT$1.37 | annually |
Kenda Rubber Industrial Dividend per year
Kenda Rubber Industrial Dividend growth
Kenda Rubber Industrial Dividend Yield
Kenda Rubber Industrial current trailing twelve-month (TTM) dividend yield is 3.34%. Interested in purchasing Kenda Rubber Industrial stock? Use our calculator to estimate your expected dividend yield:
Kenda Rubber Industrial Financial Ratios
Kenda Rubber Industrial Dividend FAQ
Other factors to consider when evaluating Kenda Rubber Industrial 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.
Place an order: Use the brokerage's trading platform to place an order to buy Kenda Rubber Industrial 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.
1. Determination of Dividend: Kenda Rubber Industrial'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, Kenda Rubber Industrial 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, Kenda Rubber Industrial 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 Kenda Rubber Industrial 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: Kenda Rubber Industrial 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, Kenda Rubber Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kenda Rubber Industrial 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 Kenda Rubber Industrial'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 Kenda Rubber Industrial'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.