Sinkang Industries Co., Ltd. manufactures, processes, and sells stainless steel in Taiwan and internationally. The company primarily offers SUS 300 and 400 series stainless steel. Its products are principally used in the construction and decoration, kitchen and dining cutlery, and household electrical appliances, as well as in the petrochemical, food processing, transportation equipment, electrical machinery, office equipment, and other processing industries. Sinkang Industries Co., Ltd. was founded in 1971 and is based in New Taipei City, Taiwan.
Sinkang Industries Dividend Announcement
• Sinkang Industries announced a annually dividend of NT$0.20 per ordinary share which will be made payable on 2023-08-04. Ex dividend date: 2023-07-13 • Sinkang Industries annual dividend for 2023 was NT$0.20 • Sinkang Industries's trailing twelve-month (TTM) dividend yield is -% • Sinkang Industries's dividend growth over the last five years (2018-2023) was 14.87% year
Sinkang Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sinkang Industries stock? Use our calculator to estimate your expected dividend yield:
Sinkang Industries Financial Ratios
P/E ratio67.35
PEG ratio2.07
P/B ratio1.35
ROE2.02%
Payout ratio0.00%
Current ratio10.29
Quick ratio7.03
Cash Ratio1.37
Sinkang Industries Dividend FAQ
How much is the next Sinkang Industries dividend?
Sinkang Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sinkang Industries dividend. The next Sinkang Industries dividend will be released in June.
When is Sinkang Industries dividend paid?
Sinkang Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Sinkang Industries pay?
The specific amount of Sinkang Industries 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 Sinkang Industries's dividend history.
Does Sinkang Industries stock pay dividends?
Yes, Sinkang Industries 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 Sinkang Industries's dividend history.
How much dividend does Sinkang Industries pay?
Sinkang Industries paid NT$0.0 in 2024, NT$0.2 in 2023, NT$1.18 in 2022, NT$0.53 in 2021, and NT$0.35 in 2020.
How often does Sinkang Industries pay dividends?
Sinkang Industries 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 June.
What is Sinkang Industries's dividend yield?
The current dividend yield for Sinkang Industries is -%. 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 Sinkang Industries's exact dividend yield.
When does Sinkang Industries go ex dividend?
Sinkang Industries's ex-dividend date for the latest dividend was on 2023-07-13. Sinkang Industries 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 Sinkang Industries dividend paid?
Sinkang Industries pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Sinkang Industries 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 Sinkang Industries 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 Sinkang Industries dividend per share?
Sinkang Industries paid NT$0.0 per share in 2024 and NT$0.2 per share in 2023. The amount of dividend per share that Sinkang Industries 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 Sinkang Industries 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 Sinkang Industries 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 Sinkang Industries a dividend stock?
Yes, Sinkang Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sinkang Industries a good dividend stock?
Whether Sinkang Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sinkang Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sinkang Industries 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 Sinkang Industries pay dividends monthly?
Sinkang Industries typically pays dividends on a annually basis.
Does Sinkang Industries pay dividends quarterly?
Sinkang Industries currently pays dividends on a annually basis.
Has Sinkang Industries ever paid a dividend?
Yes, Sinkang Industries has a history of paying dividends to its shareholders. Sinkang Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sinkang Industries dividend stocks?
To buy Sinkang Industries 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 Sinkang Industries 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 Sinkang Industries pay dividends 2024?
Sinkang Industries pays dividends on a annually basis. 2024 dividend payments are in 2023-08-04. 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 Sinkang Industries increase its dividend in 2024?
Decisions regarding Sinkang Industries 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 Sinkang Industries dividend overview you can look into the above table of dividend history.
How Sinkang Industries dividend works?
The Sinkang Industries 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 Sinkang Industries's dividend process works:
1. Determination of Dividend: Sinkang Industries'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, Sinkang Industries 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, Sinkang Industries 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 Sinkang Industries 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 Sinkang Industries dividends paid?
Sinkang Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sinkang Industries 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, Sinkang Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinkang Industries 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 Sinkang Industries pay dividends?
Sinkang Industries 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 Sinkang Industries pay dividends?
The general pattern is that Sinkang Industries pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sinkang Industries dividend safe?
The safety of Sinkang Industries'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 Sinkang Industries'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 Sinkang Industries'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.