Shinkong Synthetic Fibers Corporation produces and sells polyester fibers and polymers in Taiwan and internationally. Its products primarily include partially oriented yarns, polyester filament yarns, fully drawn yarns, polyester staple fibers, polyester draw textured yarns, industrial yarns, polyester pellets, PET bottle grade resins, PET bottles, PET bottle preforms, engineering polymers, optical films, polyester films, and A-PET sheets. It also offers synthetic resins, plastic products, and polyester films; chemical fiber weaving, printing, and dyeing services; and leasing, investment, human resources management and securities investment consulting, and life and property insurance agency services, as well as electronic information software. In addition, the company manufactures magnetic tapes for recording and video disks, and polyester films; manufactures synthetic fibers; engages in the wholesale and retail sale of textile products; and manufactures electronic parts and components, and precision chemical materials. Further, it is involved in the precision chemical materials and mold manufacturing wholesale, etc.; consignment trading of securities and futures; and sale and rental of housing and building development projects; and provision of consulting, biotechnology research, and development services. The company principally serves textiles, food, packaging, electronics, and optoelectronics industries. Shinkong Synthetic Fibers Corporation was incorporated in 1967 and is based in Taipei City, Taiwan.
Shinkong Synthetic Fibers Dividend Announcement
• Shinkong Synthetic Fibers announced a annually dividend of NT$0.55 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-08-27
• Shinkong Synthetic Fibers annual dividend for 2024 was NT$0.55
• Shinkong Synthetic Fibers annual dividend for 2023 was NT$1.00
• Shinkong Synthetic Fibers's trailing twelve-month (TTM) dividend yield is 3.54%
• Shinkong Synthetic Fibers's payout ratio for the trailing twelve months (TTM) is 122.66%
• Shinkong Synthetic Fibers's dividend growth over the last five years (2018-2023) was 14.87% year
• Shinkong Synthetic Fibers's dividend growth over the last ten years (2013-2023) was 12.07% year
Shinkong Synthetic Fibers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-27 | NT$0.55 | annually | 2024-09-27 |
| 2023-08-31 | NT$1.00 | annually | 2023-09-27 |
| 2022-08-30 | NT$1.40 | annually | 2022-09-28 |
| 2021-08-31 | NT$1.10 | annually | 2021-09-28 |
| 2020-09-01 | NT$0.55 | annually | 2020-09-25 |
| 2019-08-28 | NT$0.85 | annually | 2019-09-26 |
| 2018-08-28 | NT$0.50 | annually | 2018-09-21 |
| 2017-08-28 | NT$0.25 | annually | 2017-09-28 |
| 2016-08-29 | NT$0.25 | annually | |
| 2015-08-27 | NT$0.43 | annually | |
| 2014-08-27 | NT$0.36 | annually | |
| 2013-10-07 | NT$0.32 | annually |
Shinkong Synthetic Fibers Dividend per year
Shinkong Synthetic Fibers Dividend growth
Shinkong Synthetic Fibers Dividend Yield
Shinkong Synthetic Fibers current trailing twelve-month (TTM) dividend yield is 3.54%. Interested in purchasing Shinkong Synthetic Fibers stock? Use our calculator to estimate your expected dividend yield:
Shinkong Synthetic Fibers Financial Ratios
P/E ratio19.08
PEG ratio0.34
P/B ratio0.68
ROE3.65%
Payout ratio122.66%
Current ratio1.03
Quick ratio0.98
Cash Ratio0.11
Shinkong Synthetic Fibers Dividend FAQ
How much is the next Shinkong Synthetic Fibers dividend?
Shinkong Synthetic Fibers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shinkong Synthetic Fibers dividend. The next Shinkong Synthetic Fibers dividend will be released in August.
When is Shinkong Synthetic Fibers dividend paid?
Shinkong Synthetic Fibers pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shinkong Synthetic Fibers pay?
The specific amount of Shinkong Synthetic Fibers dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shinkong Synthetic Fibers's dividend history.
Does Shinkong Synthetic Fibers stock pay dividends?
Yes, Shinkong Synthetic Fibers does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shinkong Synthetic Fibers's dividend history.
How much dividend does Shinkong Synthetic Fibers pay?
Shinkong Synthetic Fibers paid NT$0.55 in 2024, NT$1.0 in 2023, NT$1.4 in 2022, NT$1.1 in 2021, and NT$0.55 in 2020.
How often does Shinkong Synthetic Fibers pay dividends?
Shinkong Synthetic Fibers typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Shinkong Synthetic Fibers's dividend yield?
The current dividend yield for Shinkong Synthetic Fibers is 3.54%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shinkong Synthetic Fibers's exact dividend yield.
When does Shinkong Synthetic Fibers go ex dividend?
Shinkong Synthetic Fibers's ex-dividend date for the latest dividend was on 2024-08-27. Shinkong Synthetic Fibers typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shinkong Synthetic Fibers dividend paid?
Shinkong Synthetic Fibers pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Shinkong Synthetic Fibers increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shinkong Synthetic Fibers will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shinkong Synthetic Fibers dividend per share?
Shinkong Synthetic Fibers paid NT$0.55 per share in 2024 and NT$1.0 per share in 2023. The amount of dividend per share that Shinkong Synthetic Fibers pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shinkong Synthetic Fibers a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shinkong Synthetic Fibers a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shinkong Synthetic Fibers a dividend stock?
Yes, Shinkong Synthetic Fibers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shinkong Synthetic Fibers a good dividend stock?
Whether Shinkong Synthetic Fibers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shinkong Synthetic Fibers has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shinkong Synthetic Fibers 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.
Other factors to consider when evaluating Shinkong Synthetic Fibers 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.
Does Shinkong Synthetic Fibers pay dividends monthly?
Shinkong Synthetic Fibers typically pays dividends on a annually basis.
Does Shinkong Synthetic Fibers pay dividends quarterly?
Shinkong Synthetic Fibers currently pays dividends on a annually basis.
Has Shinkong Synthetic Fibers ever paid a dividend?
Yes, Shinkong Synthetic Fibers has a history of paying dividends to its shareholders. Shinkong Synthetic Fibers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shinkong Synthetic Fibers dividend stocks?
To buy Shinkong Synthetic Fibers you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Shinkong Synthetic Fibers stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Shinkong Synthetic Fibers stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Shinkong Synthetic Fibers pay dividends 2024?
Shinkong Synthetic Fibers pays dividends on a annually basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shinkong Synthetic Fibers increase its dividend in 2024?
Decisions regarding Shinkong Synthetic Fibers dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shinkong Synthetic Fibers dividend overview you can look into the above table of dividend history.
How Shinkong Synthetic Fibers dividend works?
The Shinkong Synthetic Fibers dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shinkong Synthetic Fibers's dividend process works:
1. Determination of Dividend: Shinkong Synthetic Fibers'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, Shinkong Synthetic Fibers 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, Shinkong Synthetic Fibers 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 Shinkong Synthetic Fibers 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. Determination of Dividend: Shinkong Synthetic Fibers'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, Shinkong Synthetic Fibers 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, Shinkong Synthetic Fibers 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 Shinkong Synthetic Fibers 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.
How are Shinkong Synthetic Fibers dividends paid?
Shinkong Synthetic Fibers dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shinkong Synthetic Fibers 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, Shinkong Synthetic Fibers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shinkong Synthetic Fibers 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.
1. Record Date: Shinkong Synthetic Fibers 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, Shinkong Synthetic Fibers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shinkong Synthetic Fibers 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.
How many times does Shinkong Synthetic Fibers pay dividends?
Shinkong Synthetic Fibers typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shinkong Synthetic Fibers pay dividends?
The general pattern is that Shinkong Synthetic Fibers pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shinkong Synthetic Fibers dividend safe?
The safety of Shinkong Synthetic Fibers's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Shinkong Synthetic Fibers'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 Shinkong Synthetic Fibers'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.
To assess the safety of Shinkong Synthetic Fibers'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 Shinkong Synthetic Fibers'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.