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Mayer Steel Pipe Corporation manufactures steel pipes and tubular products in Taiwan. It offers welded steel pipes for low pressure use; rigid steel conduits; carbon steel tubes for machine structural purposes; electric resistance welded carbon steel tubes for automobile structural purposes; and carbon steel square pipes for general structural purposes. The company also provides stainless steel pipes, such as boiler and heat exchanger tubes; stainless steel tubes for mechanical and structural purposes, and automobile exhaust; light gauge stainless steel pipes for ordinary piping; and general service tubes. In addition, it offers stainless steel plates and sheets; stainless steel surface processing and cutting services; and stainless steel paste protective films. Further, the company produces and markets various cast, polished, electroplated, and forged aluminum alloy automotive wheels in the United States, the European Union, Japan, and Southeast Asia. Its products are also used in air conditioning, fire protection, drainage, water supply, and electricity, as well as gas, structural, and hydraulic pipe applications. Mayer Steel Pipe Corporation was founded in 1959 and is headquartered in Taipei, Taiwan.

Mayer Steel Pipe Dividend Announcement

Mayer Steel Pipe announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-06-12
Mayer Steel Pipe annual dividend for 2024 was NT$2.00
Mayer Steel Pipe annual dividend for 2023 was NT$1.00
Mayer Steel Pipe's trailing twelve-month (TTM) dividend yield is 5.52%
Mayer Steel Pipe's payout ratio for the trailing twelve months (TTM) is 16.92%
Mayer Steel Pipe's dividend growth over the last five years (2018-2023) was -6.77% year

Mayer Steel Pipe Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-12NT$2.00annually2024-07-05
2023-06-13NT$1.00annually2023-07-06
2022-06-16NT$3.00annually2022-07-08
2021-06-10NT$1.70annually2021-07-07
2020-06-18NT$1.85annually2020-07-10
2019-07-12NT$1.40annually2019-08-06
2018-07-13NT$1.42annually2018-08-08
2017-07-13NT$0.80annually2017-08-08
2015-07-13NT$0.80annually
2014-07-24NT$0.51annually
2013-07-24NT$0.01annually
2011-08-05NT$0.74annually

Mayer Steel Pipe Dividend per year

Mayer Steel Pipe Dividend growth

Mayer Steel Pipe Dividend Yield

Mayer Steel Pipe current trailing twelve-month (TTM) dividend yield is 5.52%. Interested in purchasing Mayer Steel Pipe stock? Use our calculator to estimate your expected dividend yield:

Mayer Steel Pipe Financial Ratios

P/E ratio6.13
PEG ratio0.50
P/B ratio1.84
ROE32.56%
Payout ratio16.92%
Current ratio1.67
Quick ratio0.75
Cash Ratio0.25

Mayer Steel Pipe Dividend FAQ

How much is the next Mayer Steel Pipe dividend?
Mayer Steel Pipe's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mayer Steel Pipe dividend. The next Mayer Steel Pipe dividend will be released in June.
When is Mayer Steel Pipe dividend paid?
Mayer Steel Pipe pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mayer Steel Pipe pay?
The specific amount of Mayer Steel Pipe dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mayer Steel Pipe's dividend history.
Does Mayer Steel Pipe stock pay dividends?
Yes, Mayer Steel Pipe does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mayer Steel Pipe's dividend history.
How much dividend does Mayer Steel Pipe pay?
Mayer Steel Pipe paid NT$2.0 in 2024, NT$1.0 in 2023, NT$3.0 in 2022, NT$1.7 in 2021, and NT$1.85 in 2020.
How often does Mayer Steel Pipe pay dividends?
Mayer Steel Pipe typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Mayer Steel Pipe's dividend yield?
The current dividend yield for Mayer Steel Pipe is 5.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mayer Steel Pipe's exact dividend yield.
When does Mayer Steel Pipe go ex dividend?
Mayer Steel Pipe's ex-dividend date for the latest dividend was on 2024-06-12. Mayer Steel Pipe typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mayer Steel Pipe dividend paid?
Mayer Steel Pipe pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Mayer Steel Pipe increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mayer Steel Pipe will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mayer Steel Pipe dividend per share?
Mayer Steel Pipe paid NT$2.0 per share in 2024 and NT$1.0 per share in 2023. The amount of dividend per share that Mayer Steel Pipe pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mayer Steel Pipe a dividend aristocrat?
No, 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 Mayer Steel Pipe a dividend king?
No, 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 Mayer Steel Pipe a dividend stock?
Yes, Mayer Steel Pipe is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mayer Steel Pipe a good dividend stock?
Whether Mayer Steel Pipe is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mayer Steel Pipe has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Mayer Steel Pipe 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.
Does Mayer Steel Pipe pay dividends monthly?
Mayer Steel Pipe typically pays dividends on a annually basis.
Does Mayer Steel Pipe pay dividends quarterly?
Mayer Steel Pipe currently pays dividends on a annually basis.
Has Mayer Steel Pipe ever paid a dividend?
Yes, Mayer Steel Pipe has a history of paying dividends to its shareholders. Mayer Steel Pipe is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mayer Steel Pipe dividend stocks?
To buy Mayer Steel Pipe 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Mayer Steel Pipe 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.
When does Mayer Steel Pipe pay dividends 2024?
Mayer Steel Pipe pays dividends on a annually basis. 2024 dividend payments are in 2024-07-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mayer Steel Pipe increase its dividend in 2024?
Decisions regarding Mayer Steel Pipe dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mayer Steel Pipe dividend overview you can look into the above table of dividend history.
How Mayer Steel Pipe dividend works?
The Mayer Steel Pipe dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mayer Steel Pipe's dividend process works:

1. Determination of Dividend: Mayer Steel Pipe'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, Mayer Steel Pipe 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, Mayer Steel Pipe 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 Mayer Steel Pipe 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.
How are Mayer Steel Pipe dividends paid?
Mayer Steel Pipe dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Mayer Steel Pipe 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, Mayer Steel Pipe distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Mayer Steel Pipe 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.
How many times does Mayer Steel Pipe pay dividends?
Mayer Steel Pipe typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mayer Steel Pipe pay dividends?
The general pattern is that Mayer Steel Pipe pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mayer Steel Pipe dividend safe?
The safety of Mayer Steel Pipe's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Mayer Steel Pipe'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 Mayer Steel Pipe'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.