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 3.46%
• 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 3.46%. Interested in purchasing Shinkong Synthetic Fibers stock? Use our calculator to estimate your expected dividend yield:
Shinkong Synthetic Fibers Financial Ratios
Shinkong Synthetic Fibers Dividend FAQ
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.
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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. 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.
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.