Shin Hai Gas Corporation engages in the supply of natural gas in Taiwan. The company also offers interrupting devices, microcomputer gas meters, safety equipment, stoves, cloth dryers, and other related safety equipment, as well as telecom services. It supplies natural gas to approximately 260,000 household and business customers in the Taipei County cities of Sanchong, Banqiao, and Xinzhuang. The company was founded in 1966 and is headquartered in New Taipei City, Taiwan.
Shin Hai Gas Dividend Announcement
• Shin Hai Gas announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-15
• Shin Hai Gas annual dividend for 2024 was NT$2.00
• Shin Hai Gas annual dividend for 2023 was NT$2.00
• Shin Hai Gas's trailing twelve-month (TTM) dividend yield is 3.79%
• Shin Hai Gas's payout ratio for the trailing twelve months (TTM) is 75.63%
• Shin Hai Gas's dividend growth over the last five years (2018-2023) was 4.56% year
• Shin Hai Gas's dividend growth over the last ten years (2013-2023) was 7.06% year
Shin Hai Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-15 | NT$2.00 | annually | 2024-08-12 |
2023-07-17 | NT$2.00 | annually | 2023-08-11 |
2022-07-26 | NT$2.00 | annually | 2022-08-22 |
2021-08-04 | NT$1.80 | annually | 2021-08-31 |
2020-07-13 | NT$1.70 | annually | 2020-08-07 |
2019-07-22 | NT$1.50 | annually | 2019-08-15 |
2018-07-16 | NT$1.60 | annually | 2018-08-10 |
2017-07-24 | NT$1.60 | annually | 2017-08-15 |
2016-08-30 | NT$1.26 | annually | |
2015-08-18 | NT$1.11 | annually | |
2014-08-21 | NT$1.07 | annually | |
2013-09-09 | NT$1.01 | annually |
Shin Hai Gas Dividend per year
Shin Hai Gas Dividend growth
Shin Hai Gas Dividend Yield
Shin Hai Gas current trailing twelve-month (TTM) dividend yield is 3.79%. Interested in purchasing Shin Hai Gas stock? Use our calculator to estimate your expected dividend yield:
Shin Hai Gas Financial Ratios
Shin Hai Gas Dividend FAQ
Other factors to consider when evaluating Shin Hai Gas 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: Shin Hai Gas'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, Shin Hai Gas 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, Shin Hai Gas 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 Shin Hai Gas 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: Shin Hai Gas 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, Shin Hai Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shin Hai Gas 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 Shin Hai Gas'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 Shin Hai Gas'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.