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Shinkong Textile Co., Ltd. engages in the production and sale of various cotton and CVC yarns, synthetic fibers, and finished fabrics in Taiwan and internationally. It operates through Marketing Department, Retail Department, and Real Estate Department. The company offers digital print, dyed fabric, reflective yarn, flannel, and bi-stretch fabric services for synthetic fibers; base layers, mid layers, and outer wear knits; and wool textile products. It also imports and sells garments; and leases and sells buildings and public housing units. Shinkong Textile Co., Ltd. was incorporated in 1955 and is headquartered in Taipei, Taiwan.

Shinkong Textile Dividend Announcement

Shinkong Textile announced a annually dividend of NT$1.20 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-07-11
Shinkong Textile annual dividend for 2024 was NT$1.20
Shinkong Textile annual dividend for 2023 was NT$1.50
Shinkong Textile's trailing twelve-month (TTM) dividend yield is 2.53%
Shinkong Textile's dividend growth over the last five years (2018-2023) was -16.64% year
Shinkong Textile's dividend growth over the last ten years (2013-2023) was 11.61% year

Shinkong Textile Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-11NT$1.20annually2024-08-08
2023-08-24NT$1.50annually2023-09-22
2022-08-11NT$1.00annually2022-09-07
2021-08-05NT$1.00annually2021-09-03
2020-08-06NT$1.00annually2020-09-03
2019-07-11NT$0.85annually2019-08-08
2018-07-04NT$3.73annually2018-07-31
2017-07-05NT$0.46annually2017-08-08
2016-08-22NT$0.35annually
2015-08-27NT$0.31annually
2014-08-15NT$0.45annually
2013-08-27NT$0.50annually

Shinkong Textile Dividend per year

Shinkong Textile Dividend growth

Shinkong Textile Dividend Yield

Shinkong Textile current trailing twelve-month (TTM) dividend yield is 2.53%. Interested in purchasing Shinkong Textile stock? Use our calculator to estimate your expected dividend yield:

Shinkong Textile Financial Ratios

P/E ratio21.80
PEG ratio18.31
P/B ratio0.95
ROE4.56%
Payout ratio0.00%
Current ratio1.26
Quick ratio0.92
Cash Ratio0.24

Shinkong Textile Dividend FAQ

How much is the next Shinkong Textile dividend?
Shinkong Textile'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 Textile dividend. The next Shinkong Textile dividend will be released in August.
When is Shinkong Textile dividend paid?
Shinkong Textile 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 Textile pay?
The specific amount of Shinkong Textile 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 Textile's dividend history.
Does Shinkong Textile stock pay dividends?
Yes, Shinkong Textile 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 Textile's dividend history.
How much dividend does Shinkong Textile pay?
Shinkong Textile paid NT$1.2 in 2024, NT$1.5 in 2023, NT$1.0 in 2022, NT$1.0 in 2021, and NT$1.0 in 2020.
How often does Shinkong Textile pay dividends?
Shinkong Textile 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 Textile's dividend yield?
The current dividend yield for Shinkong Textile is 2.53%. 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 Textile's exact dividend yield.
When does Shinkong Textile go ex dividend?
Shinkong Textile's ex-dividend date for the latest dividend was on 2024-07-11. Shinkong Textile 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 Textile dividend paid?
Shinkong Textile pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Shinkong Textile 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 Textile 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 Textile dividend per share?
Shinkong Textile paid NT$1.2 per share in 2024 and NT$1.5 per share in 2023. The amount of dividend per share that Shinkong Textile 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 Textile 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 Textile 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 Textile a dividend stock?
Yes, Shinkong Textile is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shinkong Textile a good dividend stock?
Whether Shinkong Textile 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 Textile has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shinkong Textile 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 Textile pay dividends monthly?
Shinkong Textile typically pays dividends on a annually basis.
Does Shinkong Textile pay dividends quarterly?
Shinkong Textile currently pays dividends on a annually basis.
Has Shinkong Textile ever paid a dividend?
Yes, Shinkong Textile has a history of paying dividends to its shareholders. Shinkong Textile is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shinkong Textile dividend stocks?
To buy Shinkong Textile 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 Textile 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 Textile pay dividends 2024?
Shinkong Textile pays dividends on a annually basis. 2024 dividend payments are in 2024-08-08. 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 Textile increase its dividend in 2024?
Decisions regarding Shinkong Textile 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 Textile dividend overview you can look into the above table of dividend history.
How Shinkong Textile dividend works?
The Shinkong Textile 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 Textile's dividend process works:

1. Determination of Dividend: Shinkong Textile'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 Textile 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 Textile 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 Textile 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 Textile dividends paid?
Shinkong Textile dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Shinkong Textile 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 Textile 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 Textile 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 Textile pay dividends?
Shinkong Textile 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 Textile pay dividends?
The general pattern is that Shinkong Textile 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 Textile dividend safe?
The safety of Shinkong Textile'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 Textile'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 Textile'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.