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Ruentex Development Co., Ltd. provides construction and civil engineering contracting services in Taiwan. The company is involved in the construction of residential buildings through subcontracting; lease and sale of commercial buildings; trade of construction materials; sale of related merchandise; operation of supermarkets and shopping malls; undertaking of construction and civil engineering activities; telecommunications enterprises and communication engineering activities; and import/export, manufacture, and planning of precast constructional components, such as beams, columns, and walls, as well as provision of relevant electrical and mechanical works. It also operates department stores and supermarkets; and manufactures waste disposal and pollution prevention equipment. In addition, the company offers mansions management, retirement home, general property management, maintenance, security, and building rental and selling services; business management consulting and construction engineering, and congregate housing services; interior decoration, gardens, and greenery design and construction services; and personal insurance products, including life, health, and damage, and annuity insurance policies. Further, it manufactures, processes, spins, textiles, and sells garments; and produces and distributes building materials. The company was formerly known as Ruentex Construction Co., Ltd. and changed its name to Ruentex Development Co., Ltd. in July 2002. Ruentex Development Co., Ltd. was incorporated in 1977 and is headquartered in Taipei, Taiwan.

Ruentex Development Dividend Announcement

• Ruentex Development announced a annually dividend of NT$1.50 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-07-16
• Ruentex Development annual dividend for 2024 was NT$1.50
• Ruentex Development's trailing twelve-month (TTM) dividend yield is 3.19%

Ruentex Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-16NT$1.50annually2024-08-08
2022-08-12NT$2.00annually
2021-07-26NT$0.71annually
2020-07-16NT$0.90annually
2019-07-05NT$1.80annually
2018-07-23NT$1.59annually
2015-07-13NT$3.54annually
2014-07-25NT$3.90annually
2013-07-04NT$2.49annually
2012-08-07NT$1.56annually
2011-10-25NT$0.82annually
2010-08-04NT$0.81annually

Ruentex Development Dividend per year

Ruentex Development Dividend growth

Ruentex Development Dividend Yield

Ruentex Development current trailing twelve-month (TTM) dividend yield is 3.19%. Interested in purchasing Ruentex Development stock? Use our calculator to estimate your expected dividend yield:

Ruentex Development Financial Ratios

P/E ratio9.35
PEG ratio-3.03
P/B ratio1.24
ROE14.27%
Payout ratio0.00%
Current ratio1.15
Quick ratio0.37
Cash Ratio0.14

Ruentex Development Dividend FAQ

Does Ruentex Development stock pay dividends?
Ruentex Development does not currently pay dividends to its shareholders.
Has Ruentex Development ever paid a dividend?
No, Ruentex Development has no a history of paying dividends to its shareholders. Ruentex Development is not known for its dividend payments.
Why doesn't Ruentex Development pay dividends?
There are several potential reasons why Ruentex Development would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Ruentex Development ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Ruentex Development has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Ruentex Development a dividend aristocrat?
Ruentex Development is not considered a Dividend Aristocrat. 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 Ruentex Development a dividend king?
Ruentex Development is not classified as a "Dividend King". 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 Ruentex Development a dividend stock?
No, Ruentex Development is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Ruentex Development stocks?
To buy Ruentex Development 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Ruentex Development 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.