NAK Sealing Technologies Corporation, together with its subsidiaries, manufactures and sells oil seals and technical sealing products for various applications worldwide. It offers automotive seals, including engine, transmission, power steering, axle, shock absorber, and motor seals; and industrial seals comprising pump, gear reducer/gearbox, motor, power tool, robotic arm, wind turbine, and washing machine seals. The company also provides agriculture, construction, and mining seals, such as piston, rod, wiper, and axle/hub seals; and other seals includes V-rings, axial face seals, bonded seals, sleeves, rings, rubber molded parts, and O-ring kits and cords. It serves automotive, industrial, and hydraulic and pneumatic, as well as agricultural, and construction and mining equipment sectors. The company was formerly known as Mao Shun Co. and changed its name to NAK Sealing Technologies Corporation in 2002. NAK Sealing Technologies Corporation was founded in 1976 and is headquartered in Nantou City, Taiwan.
NAK Sealing Technologies Dividend Announcement
• NAK Sealing Technologies announced a annually dividend of NT$7.00 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-08
• NAK Sealing Technologies annual dividend for 2024 was NT$7.00
• NAK Sealing Technologies annual dividend for 2023 was NT$5.60
• NAK Sealing Technologies's trailing twelve-month (TTM) dividend yield is 6.03%
• NAK Sealing Technologies's payout ratio for the trailing twelve months (TTM) is 55.26%
• NAK Sealing Technologies's dividend growth over the last five years (2018-2023) was 5.92% year
• NAK Sealing Technologies's dividend growth over the last ten years (2013-2023) was 5.76% year
NAK Sealing Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-08 | NT$7.00 | annually | 2024-08-30 |
2023-08-01 | NT$5.60 | annually | 2023-08-25 |
2022-08-09 | NT$5.00 | annually | 2022-08-26 |
2021-08-13 | NT$4.20 | annually | 2021-09-03 |
2020-07-28 | NT$4.20 | annually | 2020-08-20 |
2019-07-31 | NT$4.20 | annually | 2019-08-22 |
2018-07-17 | NT$4.20 | annually | 2018-08-10 |
2017-07-19 | NT$4.00 | annually | 2017-08-10 |
2016-07-28 | NT$4.00 | annually | |
2015-07-22 | NT$4.00 | annually | |
2014-07-08 | NT$5.00 | annually | |
2013-07-16 | NT$3.20 | annually |
NAK Sealing Technologies Dividend per year
NAK Sealing Technologies Dividend growth
NAK Sealing Technologies Dividend Yield
NAK Sealing Technologies current trailing twelve-month (TTM) dividend yield is 6.03%. Interested in purchasing NAK Sealing Technologies stock? Use our calculator to estimate your expected dividend yield:
NAK Sealing Technologies Financial Ratios
NAK Sealing Technologies Dividend FAQ
Other factors to consider when evaluating NAK Sealing Technologies 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: NAK Sealing Technologies'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, NAK Sealing Technologies 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, NAK Sealing Technologies 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 NAK Sealing Technologies 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: NAK Sealing Technologies 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, NAK Sealing Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NAK Sealing Technologies 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 NAK Sealing Technologies'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 NAK Sealing Technologies'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.