Ruentex Industries Ltd. engages in manufacturing, processing, dyeing and finishing, printing, and marketing woven fabrics, garments, knitted fabrics, and woven fabrics. The company operates through Textile, Retail, and Hypermarket segments. It offers cotton grey cloth, yarn dyed fabrics, and piece dyed fabrics. The company is also involved in the hypermarket and retail businesses; investment in the construction of general condos and residential buildings; and construction of housing projects and office buildings, as well as leasing and sale of properties. Ruentex Industries Ltd. is based in Taipei, Taiwan.
Ruentex Industries Dividend Announcement
• Ruentex Industries announced a annually dividend of NT$2.50 per ordinary share which will be made payable on 2024-08-20. Ex dividend date: 2024-07-29
• Ruentex Industries annual dividend for 2024 was NT$2.50
• Ruentex Industries annual dividend for 2023 was NT$2.00
• Ruentex Industries's trailing twelve-month (TTM) dividend yield is 3.11%
• Ruentex Industries's dividend growth over the last five years (2018-2023) was -28.06% year
• Ruentex Industries's dividend growth over the last ten years (2013-2023) was -3.58% year
Ruentex Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-29 | NT$2.50 | annually | 2024-08-20 |
2023-08-10 | NT$2.00 | annually | 2023-08-31 |
2022-08-09 | NT$5.00 | annually | 2022-08-29 |
2021-08-03 | NT$1.54 | annually | 2021-08-20 |
2020-07-16 | NT$3.85 | annually | 2020-08-10 |
2019-07-05 | NT$4.23 | annually | 2019-08-01 |
2018-10-18 | NT$6.49 | annually | 2018-11-02 |
2018-07-30 | NT$3.89 | annually | 2018-08-30 |
2017-07-28 | NT$0.77 | annually | 2017-08-30 |
2016-08-10 | NT$0.65 | annually | |
2015-08-13 | NT$5.84 | annually | |
2014-07-25 | NT$4.86 | annually | |
2013-07-12 | NT$2.88 | annually |
Ruentex Industries Dividend per year
Ruentex Industries Dividend growth
Ruentex Industries Dividend Yield
Ruentex Industries current trailing twelve-month (TTM) dividend yield is 3.11%. Interested in purchasing Ruentex Industries stock? Use our calculator to estimate your expected dividend yield:
Ruentex Industries Financial Ratios
Ruentex Industries Dividend FAQ
Other factors to consider when evaluating Ruentex Industries 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: Ruentex Industries'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, Ruentex Industries 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, Ruentex Industries 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 Ruentex Industries 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: Ruentex Industries 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, Ruentex Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ruentex Industries 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 Ruentex Industries'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 Ruentex Industries'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.