Sheng Yu Steel Co., Ltd. manufactures, processes, and sells steel sheets in Taiwan. The company provides galvanized products, including Al-Zn alloy-coated and galvanized steel coils, as well as prepainted Al-Zn alloy-coated and galvanized steel coils; and cold rolled steel sheets and coils. It also offers chrome-free anti-fingerprint zinc coated and Al-Zn alloy-coated, pre-painted, printed color, single side pre-painted anti-fingerprint galvanized, anti-static and antiseptic pre-painted, and low gloss pre-painted coated steel sheets; two-tone pre-painted, pearl pre-painted, baroque embossed pre-painted, and anti-dirt pre-painted steel coils; whiteboards; and blackboards. In addition, the company engages in trading and testing laboratory businesses. The company was incorporated in 1973 and is headquartered in Kaohsiung, Taiwan. Sheng Yu Steel Co., Ltd. is a subsidiary of Yodogawa Steel Works, Ltd.
Sheng Yu Steel Dividend Announcement
• Sheng Yu Steel announced a annually dividend of NT$1.25 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-16
• Sheng Yu Steel annual dividend for 2024 was NT$1.25
• Sheng Yu Steel annual dividend for 2023 was NT$1.03
• Sheng Yu Steel's trailing twelve-month (TTM) dividend yield is 5.04%
• Sheng Yu Steel's dividend growth over the last five years (2018-2023) was -10.06% year
• Sheng Yu Steel's dividend growth over the last ten years (2013-2023) was 11.40% year
Sheng Yu Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | NT$1.25 | annually | 2024-08-16 |
2023-07-13 | NT$1.03 | annually | 2023-08-15 |
2022-07-14 | NT$2.55 | annually | 2022-08-17 |
2021-07-14 | NT$0.50 | annually | 2021-08-18 |
2020-07-16 | NT$0.15 | annually | 2020-08-21 |
2019-07-17 | NT$0.25 | annually | 2019-08-21 |
2018-07-18 | NT$1.75 | annually | 2018-08-21 |
2017-07-19 | NT$2.45 | annually | 2017-08-24 |
2016-07-19 | NT$1.00 | annually | |
2015-07-21 | NT$1.15 | annually | |
2014-07-15 | NT$1.15 | annually | |
2013-07-15 | NT$0.35 | annually |
Sheng Yu Steel Dividend per year
Sheng Yu Steel Dividend growth
Sheng Yu Steel Dividend Yield
Sheng Yu Steel current trailing twelve-month (TTM) dividend yield is 5.04%. Interested in purchasing Sheng Yu Steel stock? Use our calculator to estimate your expected dividend yield:
Sheng Yu Steel Financial Ratios
Sheng Yu Steel Dividend FAQ
Other factors to consider when evaluating Sheng Yu Steel 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: Sheng Yu Steel'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, Sheng Yu Steel 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, Sheng Yu Steel 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 Sheng Yu Steel 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: Sheng Yu Steel 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, Sheng Yu Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sheng Yu Steel 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 Sheng Yu Steel'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 Sheng Yu Steel'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.