Shenmao Technology Inc. manufactures and sells solder materials in the Taiwan, Mainland China, Thailand, Malaysia, and internationally. It offers SMT assembly materials, including tin lead, lead-free, water soluble, package on package, low temperature, and halogen free solder pastes, as well as adhesives; and semiconductor packaging materials, such as BGA spheres and bumping solder pastes. The company also provides wave solder assembly products comprising solder bars, cored solder wires, lead free solder wires, and halogens free solder wires; liquid fluxes; solder preforms and ribbons; and PV ribbons. It serves manufacturers of electronic computers, network communications, and consumer electronic products. Shenmao Technology Inc. was founded in 1973 and is headquartered in Taoyuan, Taiwan.
Shenmao Technology Dividend Announcement
• Shenmao Technology announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-11
• Shenmao Technology annual dividend for 2024 was NT$2.00
• Shenmao Technology annual dividend for 2023 was NT$1.99
• Shenmao Technology's trailing twelve-month (TTM) dividend yield is 2.99%
• Shenmao Technology's payout ratio for the trailing twelve months (TTM) is 83.38%
• Shenmao Technology's dividend growth over the last five years (2018-2023) was 14.15% year
• Shenmao Technology's dividend growth over the last ten years (2013-2023) was 0.92% year
Shenmao Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | NT$2.00 | annually | 2024-08-09 |
2023-07-06 | NT$1.99 | annually | 2023-07-27 |
2022-07-07 | NT$2.50 | annually | 2022-07-29 |
2021-08-12 | NT$1.36 | annually | 2021-09-08 |
2020-07-02 | NT$1.00 | annually | 2020-07-29 |
2019-07-16 | NT$1.03 | annually | 2019-08-15 |
2018-06-28 | NT$1.03 | annually | 2018-07-27 |
2017-06-27 | NT$1.54 | annually | 2017-07-28 |
2016-07-01 | NT$1.04 | annually | |
2015-06-29 | NT$1.99 | annually | |
2014-07-10 | NT$1.95 | annually | |
2013-08-09 | NT$1.82 | annually |
Shenmao Technology Dividend per year
Shenmao Technology Dividend growth
Shenmao Technology Dividend Yield
Shenmao Technology current trailing twelve-month (TTM) dividend yield is 2.99%. Interested in purchasing Shenmao Technology stock? Use our calculator to estimate your expected dividend yield:
Shenmao Technology Financial Ratios
Shenmao Technology Dividend FAQ
Other factors to consider when evaluating Shenmao Technology 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: Shenmao Technology'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, Shenmao Technology 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, Shenmao Technology 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 Shenmao Technology 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: Shenmao Technology 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, Shenmao Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shenmao Technology 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 Shenmao Technology'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 Shenmao Technology'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.