Nien Hsing Textile Co., Ltd. manufactures and sells yarns, denim fabrics, and knitted wear worldwide. It also engages in the general investment businesses. The company was founded in 1986 and is headquartered in Taipei City, Taiwan.
Nien Hsing Textile Dividend Announcement
• Nien Hsing Textile announced a annually dividend of NT$0.50 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-07-04 • Nien Hsing Textile annual dividend for 2024 was NT$0.50 • Nien Hsing Textile annual dividend for 2023 was NT$2.00 • Nien Hsing Textile's trailing twelve-month (TTM) dividend yield is 2.51% • Nien Hsing Textile's payout ratio for the trailing twelve months (TTM) is -1323.40%
Nien Hsing Textile current trailing twelve-month (TTM) dividend yield is 2.51%. Interested in purchasing Nien Hsing Textile stock? Use our calculator to estimate your expected dividend yield:
Nien Hsing Textile Financial Ratios
P/E ratio-126.29
PEG ratio46.08
P/B ratio0.55
ROE-0.44%
Payout ratio-1323.40%
Current ratio6.80
Quick ratio4.70
Cash Ratio1.82
Nien Hsing Textile Dividend FAQ
How much is the next Nien Hsing Textile dividend?
Nien Hsing Textile's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nien Hsing Textile dividend. The next Nien Hsing Textile dividend will be released in July.
When is Nien Hsing Textile dividend paid?
Nien Hsing Textile pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Nien Hsing Textile pay?
The specific amount of Nien Hsing Textile 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 Nien Hsing Textile's dividend history.
Does Nien Hsing Textile stock pay dividends?
Yes, Nien Hsing Textile 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 Nien Hsing Textile's dividend history.
How much dividend does Nien Hsing Textile pay?
Nien Hsing Textile paid NT$0.502 in 2024, NT$2.0 in 2023, NT$1.0 in 2022, NT$0.6 in 2021, and NT$0.0 in 2020.
How often does Nien Hsing Textile pay dividends?
Nien Hsing Textile 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 July.
What is Nien Hsing Textile's dividend yield?
The current dividend yield for Nien Hsing Textile is 2.51%. 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 Nien Hsing Textile's exact dividend yield.
When does Nien Hsing Textile go ex dividend?
Nien Hsing Textile's ex-dividend date for the latest dividend was on 2024-07-04. Nien Hsing Textile 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 Nien Hsing Textile dividend paid?
Nien Hsing Textile pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile dividend per share?
Nien Hsing Textile paid NT$0.502 per share in 2024 and NT$2.0 per share in 2023. The amount of dividend per share that Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile a dividend stock?
Yes, Nien Hsing Textile is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nien Hsing Textile a good dividend stock?
Whether Nien Hsing Textile is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nien Hsing Textile has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Nien Hsing Textile 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 Nien Hsing Textile pay dividends monthly?
Nien Hsing Textile typically pays dividends on a annually basis.
Does Nien Hsing Textile pay dividends quarterly?
Nien Hsing Textile currently pays dividends on a annually basis.
Has Nien Hsing Textile ever paid a dividend?
Yes, Nien Hsing Textile has a history of paying dividends to its shareholders. Nien Hsing Textile is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nien Hsing Textile dividend stocks?
To buy Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile pay dividends 2024?
Nien Hsing Textile pays dividends on a annually basis. 2024 dividend payments are in 2024-08-02. 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 Nien Hsing Textile increase its dividend in 2024?
Decisions regarding Nien Hsing Textile 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 Nien Hsing Textile dividend overview you can look into the above table of dividend history.
How Nien Hsing Textile dividend works?
The Nien Hsing Textile 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 Nien Hsing Textile's dividend process works:
1. Determination of Dividend: Nien Hsing Textile'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, Nien Hsing Textile 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, Nien Hsing Textile 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 Nien Hsing Textile 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 Nien Hsing Textile dividends paid?
Nien Hsing Textile dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Nien Hsing Textile 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, Nien Hsing Textile distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nien Hsing Textile 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 Nien Hsing Textile pay dividends?
Nien Hsing Textile 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 Nien Hsing Textile pay dividends?
The general pattern is that Nien Hsing Textile pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nien Hsing Textile dividend safe?
The safety of Nien Hsing Textile'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 Nien Hsing Textile'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 Nien Hsing Textile'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.