Shin Zu Shing Co., Ltd. manufactures and sells precision springs, stamped parts, and hinge assemblies in Taiwan. It also provides metal injection molding (MIM) and lathe products. The company offers its products for use in notebook and tablet PCs, LCD monitors, and MIM products, as well as communication, computer, and consumer products. The company was formerly known as Zu Shing Spring and Mechanical Co., Ltd. and changed its name to Shin Zu Shing Co., Ltd. in 1997. The company was founded in 1965 and is headquartered in New Taipei City, Taiwan.
Shin Zu Shing Dividend Announcement
• Shin Zu Shing announced a annually dividend of NT$4.00 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-07-30
• Shin Zu Shing annual dividend for 2024 was NT$4.00
• Shin Zu Shing annual dividend for 2023 was NT$6.00
• Shin Zu Shing's trailing twelve-month (TTM) dividend yield is 1.96%
• Shin Zu Shing's dividend growth over the last five years (2018-2023) was 19.44% year
• Shin Zu Shing's dividend growth over the last ten years (2013-2023) was 3.11% year
Shin Zu Shing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-30 | NT$4.00 | annually | 2024-08-28 |
2023-07-27 | NT$6.00 | annually | 2023-08-31 |
2022-07-14 | NT$5.00 | annually | 2022-08-15 |
2021-07-30 | NT$6.98 | annually | 2021-08-13 |
2020-07-13 | NT$4.00 | annually | 2020-08-12 |
2019-08-15 | NT$1.97 | annually | 2019-09-12 |
2018-08-16 | NT$2.47 | annually | 2018-09-12 |
2017-08-16 | NT$1.48 | annually | 2017-09-12 |
2016-07-26 | NT$1.97 | annually | |
2015-07-31 | NT$3.95 | annually | |
2014-07-30 | NT$2.96 | annually | |
2013-07-18 | NT$4.42 | annually |
Shin Zu Shing Dividend per year
Shin Zu Shing Dividend growth
Shin Zu Shing Dividend Yield
Shin Zu Shing current trailing twelve-month (TTM) dividend yield is 1.96%. Interested in purchasing Shin Zu Shing stock? Use our calculator to estimate your expected dividend yield:
Shin Zu Shing Financial Ratios
Shin Zu Shing Dividend FAQ
Other factors to consider when evaluating Shin Zu Shing 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 Zu Shing'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 Zu Shing 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 Zu Shing 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 Zu Shing 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 Zu Shing 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 Zu Shing 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 Zu Shing 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 Zu Shing'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 Zu Shing'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.