Sunonwealth Electric Machine Industry Co., Ltd., together with its subsidiaries, manufactures and sells precision motors and thermal solutions worldwide. The company offers DC, AC, EC, and mini fans and blowers; cooling modules; and ventilation fans, as well as fan accessories, such as metal finger and plastic guards, plastic filter and finger guards, and AC cords under the SUNON brand. Its products are used in 5G telecoms base station X networking, autotronics, renewal energy, entertainment and games, indoor air quality, surveillance, home appliances and ventilations, and industrial applications, as well as artificial intelligence and internet of things. The company serves clients operating in the IT, automobile electronic, optical electronic, and network communication applications. Sunonwealth Electric Machine Industry Co., Ltd. was incorporated in 1980 and is headquartered in Kaohsiung City, Taiwan.
Sunonwealth Electric Machine Industry Dividend Announcement
• Sunonwealth Electric Machine Industry announced a annually dividend of NT$3.50 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-07-03
• Sunonwealth Electric Machine Industry annual dividend for 2024 was NT$3.50
• Sunonwealth Electric Machine Industry annual dividend for 2023 was NT$2.60
• Sunonwealth Electric Machine Industry's trailing twelve-month (TTM) dividend yield is 3.6%
• Sunonwealth Electric Machine Industry's payout ratio for the trailing twelve months (TTM) is 49.06%
• Sunonwealth Electric Machine Industry's dividend growth over the last five years (2018-2023) was 2.48% year
• Sunonwealth Electric Machine Industry's dividend growth over the last ten years (2013-2023) was 20.58% year
Sunonwealth Electric Machine Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-03 | NT$3.50 | annually | 2024-07-29 |
2023-07-05 | NT$2.60 | annually | 2023-07-27 |
2022-06-28 | NT$1.20 | annually | 2022-07-21 |
2021-07-21 | NT$2.40 | annually | 2021-08-19 |
2020-07-08 | NT$2.00 | annually | 2020-08-03 |
2019-07-05 | NT$2.00 | annually | 2019-08-07 |
2018-06-20 | NT$2.30 | annually | 2018-07-12 |
2017-06-26 | NT$2.00 | annually | 2017-07-20 |
2016-06-22 | NT$1.50 | annually | |
2015-06-25 | NT$1.20 | annually | |
2014-06-20 | NT$1.00 | annually | |
2013-06-27 | NT$0.40 | annually |
Sunonwealth Electric Machine Industry Dividend per year
Sunonwealth Electric Machine Industry Dividend growth
Sunonwealth Electric Machine Industry Dividend Yield
Sunonwealth Electric Machine Industry current trailing twelve-month (TTM) dividend yield is 3.6%. Interested in purchasing Sunonwealth Electric Machine Industry stock? Use our calculator to estimate your expected dividend yield:
Sunonwealth Electric Machine Industry Financial Ratios
Sunonwealth Electric Machine Industry Dividend FAQ
Other factors to consider when evaluating Sunonwealth Electric Machine Industry 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: Sunonwealth Electric Machine Industry'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, Sunonwealth Electric Machine Industry 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, Sunonwealth Electric Machine Industry 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 Sunonwealth Electric Machine Industry 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: Sunonwealth Electric Machine Industry 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, Sunonwealth Electric Machine Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sunonwealth Electric Machine Industry 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 Sunonwealth Electric Machine Industry'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 Sunonwealth Electric Machine Industry'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.