Mega Financial Holding Co., Ltd., provides various financial services in Taiwan and internationally. It operates through Banking, Securities, Bills Finance, Insurance, and Other Businesses segments. The company accepts deposits, as well as offers loan and guarantee, trading financing, remittance, offshore banking, short-term bill, foreign exchange trading, safety deposit box, book-entry government bond, ATM debit card, and electronic and Internet banking services; and credit cards, consumer and student loans, home purchase and maintenance loans, car and credit insurance loans; and private banking and trust services. It also provides equity and venture capital investment, securities underwriting, financial planning and consulting, securities brokerage and dealing, futures, notary, guarantee or endorsement, inter-bank call loan brokerage, and government bonds trading services; and fire, marine cargo and hull, auto, aviation, engineering, liability, credit and bond, and accidental insurance products, as well as brokerages, deals, and underwrites short-term debt instruments and financial debentures. In addition, the company purchases, evaluates, auctions, and manages loan assets; conducts venture capital and leverage buy-out investment of corporates; offers collection solutions to third parties; issues and manages equity and fixed income fund, and other investment trust instruments; and provides management, business administration, investment, corporate management, and venture investment management consulting services, as well as advertising services. Further, it invests in and leases real estate properties; transports and stores farming products and by-products; and manages past due accounts receivable. The company was formerly known as CTB Financial Holding Co., Ltd. and changed its name to Mega Financial Holding Co., Ltd. in December 2002. The company was incorporated in 2002 and is headquartered in Taipei, Taiwan.
Mega Financial Dividend Announcement
• Mega Financial announced a annually dividend of NT$1.50 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-08
• Mega Financial annual dividend for 2024 was NT$1.50
• Mega Financial annual dividend for 2023 was NT$1.25
• Mega Financial's trailing twelve-month (TTM) dividend yield is 3.7%
• Mega Financial's payout ratio for the trailing twelve months (TTM) is 44.46%
• Mega Financial's dividend growth over the last five years (2018-2023) was -3.64% year
• Mega Financial's dividend growth over the last ten years (2013-2023) was 1.45% year
Mega Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-08 | NT$1.50 | annually | 2024-09-13 |
2023-08-10 | NT$1.25 | annually | 2023-09-15 |
2022-08-11 | NT$1.40 | annually | 2022-09-16 |
2021-08-12 | NT$1.58 | annually | 2021-09-03 |
2020-08-13 | NT$1.70 | annually | 2020-09-04 |
2019-08-12 | NT$1.70 | annually | 2019-09-05 |
2018-08-09 | NT$1.50 | annually | 2018-09-06 |
2017-08-10 | NT$1.42 | annually | 2017-09-01 |
2016-08-15 | NT$1.50 | annually | |
2015-08-13 | NT$1.39 | annually | |
2014-08-13 | NT$1.10 | annually | |
2013-08-13 | NT$1.08 | annually |
Mega Financial Dividend per year
Mega Financial Dividend growth
Mega Financial Dividend Yield
Mega Financial current trailing twelve-month (TTM) dividend yield is 3.7%. Interested in purchasing Mega Financial stock? Use our calculator to estimate your expected dividend yield:
Mega Financial Financial Ratios
Mega Financial Dividend FAQ
Other factors to consider when evaluating Mega Financial 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: Mega Financial'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, Mega Financial 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, Mega Financial 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 Mega Financial 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: Mega Financial 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, Mega Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mega Financial 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 Mega Financial'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 Mega Financial'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.