Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. As of December 31, 2019, the company had a fleet of 17 vessels, including 3 very large crude carrier tankers and 14 dry bulk vessels of various tonnages. It serves coal and iron ore miner, steel, energy, and paper industries. The company was founded in 1960 and is headquartered in Taipei City, Taiwan.
Sincere Navigation Dividend Announcement
• Sincere Navigation announced a annually dividend of NT$0.75 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-06-28
• Sincere Navigation annual dividend for 2024 was NT$0.75
• Sincere Navigation annual dividend for 2023 was NT$0.50
• Sincere Navigation's trailing twelve-month (TTM) dividend yield is 2.86%
• Sincere Navigation's payout ratio for the trailing twelve months (TTM) is 25.40%
• Sincere Navigation's dividend growth over the last five years (2018-2023) was -3.01% year
• Sincere Navigation's dividend growth over the last ten years (2013-2023) was -8.49% year
Sincere Navigation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | NT$0.75 | annually | 2024-08-02 |
2023-06-29 | NT$0.50 | annually | 2023-07-28 |
2022-07-25 | NT$1.00 | annually | 2022-08-19 |
2021-07-21 | NT$0.50 | annually | 2021-08-18 |
2020-07-08 | NT$0.50 | annually | 2020-08-05 |
2019-09-20 | NT$0.20 | annually | 2019-11-01 |
2018-07-13 | NT$0.58 | annually | 2018-08-09 |
2017-07-10 | NT$0.68 | annually | 2017-08-04 |
2016-08-11 | NT$0.97 | annually | |
2015-07-03 | NT$0.97 | annually | |
2014-08-07 | NT$1.07 | annually | |
2013-08-08 | NT$1.21 | annually |
Sincere Navigation Dividend per year
Sincere Navigation Dividend growth
Sincere Navigation Dividend Yield
Sincere Navigation current trailing twelve-month (TTM) dividend yield is 2.86%. Interested in purchasing Sincere Navigation stock? Use our calculator to estimate your expected dividend yield:
Sincere Navigation Financial Ratios
Sincere Navigation Dividend FAQ
Other factors to consider when evaluating Sincere Navigation 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: Sincere Navigation'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, Sincere Navigation 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, Sincere Navigation 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 Sincere Navigation 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: Sincere Navigation 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, Sincere Navigation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sincere Navigation 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 Sincere Navigation'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 Sincere Navigation'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.