Shinih Enterprise Co., Ltd. manufactures and sells non-woven products in Taiwan and internationally. It provides functional insulation products under the THERMOLITE and CLOMAX brand names; non-woven clothes under the Tyvek name; and paddings, such as vertical folding technology and thermobond fiberfill products. The company also offers various automobile carpets comprising head linings, luggage mats, rear trunk upper hoods, rear trunk mats, wheel cover mats, central floor carpets, floor mats, door panels, and bonnet coverings. In addition, it provides spun bound fabric products, such as electrical materials, agriculture cover fabrics, building construction fabrics, and floor fabrics, as well as medical products, daily usage products, and dye printing non-woven fabric products. Further, the company offers various bedding products under the DACRON and CLOMAX brand names. The company was founded in 1962 and is headquartered in Taoyuan City, Taiwan.
Shinih Enterprise Dividend Announcement
• Shinih Enterprise announced a annually dividend of NT$0.60 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-06-25
• Shinih Enterprise annual dividend for 2024 was NT$0.60
• Shinih Enterprise annual dividend for 2023 was NT$1.05
• Shinih Enterprise's trailing twelve-month (TTM) dividend yield is 2.9%
• Shinih Enterprise's payout ratio for the trailing twelve months (TTM) is 260.47%
Shinih Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-25 | NT$0.60 | annually | 2024-07-22 |
2023-06-20 | NT$1.05 | annually | 2023-07-20 |
2022-06-21 | NT$1.00 | annually | 2022-07-18 |
2021-06-18 | NT$0.40 | annually | 2021-07-20 |
2018-08-27 | NT$0.30 | annually | 2018-09-21 |
2017-08-28 | NT$0.30 | annually | 2017-09-22 |
2016-08-12 | NT$0.30 | annually | |
2015-09-11 | NT$0.39 | annually | |
2014-09-12 | NT$0.38 | annually | |
2013-08-29 | NT$0.20 | annually | |
2012-09-17 | NT$0.19 | annually | |
2011-09-15 | NT$0.48 | annually |
Shinih Enterprise Dividend per year
Shinih Enterprise Dividend growth
Shinih Enterprise Dividend Yield
Shinih Enterprise current trailing twelve-month (TTM) dividend yield is 2.9%. Interested in purchasing Shinih Enterprise stock? Use our calculator to estimate your expected dividend yield:
Shinih Enterprise Financial Ratios
Shinih Enterprise Dividend FAQ
Other factors to consider when evaluating Shinih Enterprise 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: Shinih Enterprise'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, Shinih Enterprise 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, Shinih Enterprise 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 Shinih Enterprise 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: Shinih Enterprise 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, Shinih Enterprise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shinih Enterprise 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 Shinih Enterprise'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 Shinih Enterprise'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.