Ta Chen Stainless Pipe Co., Ltd. produces and sells stainless steel and aluminum products. It operates in Stainless Steel and Aluminum, and Screws and Nuts segments. It offers stainless steel pipes, rolls, pipe fittings, plates, bars, valves, boards, and castings; and imports, exports, and sells screws and screw-nut products, as well as curtains and cloth products. The company also distributes and sells industrial fasteners, and aluminum plates and tapes; and trades in aluminum boards and aluminum rolls, as well as manufactures and sells automobile casted billet products. It serves mechanics, industrial and construction material, chemical, medical, pharmaceutical, food and brewery industries, etc. The company offers its products in the United States, China, Taiwan, and internationally. Ta Chen Stainless Pipe Co., Ltd. was incorporated in 1986 and is headquartered in Tainan City, Taiwan.
Ta Chen Stainless Pipe Dividend Announcement
• Ta Chen Stainless Pipe announced a annually dividend of NT$1.20 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-05
• Ta Chen Stainless Pipe annual dividend for 2024 was NT$1.20
• Ta Chen Stainless Pipe annual dividend for 2023 was NT$2.88
• Ta Chen Stainless Pipe's trailing twelve-month (TTM) dividend yield is 3.57%
• Ta Chen Stainless Pipe's dividend growth over the last five years (2018-2023) was 31.26% year
• Ta Chen Stainless Pipe's dividend growth over the last ten years (2013-2023) was 30.57% year
Ta Chen Stainless Pipe Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | NT$1.20 | annually | 2024-09-04 |
2023-07-28 | NT$2.88 | annually | 2023-09-04 |
2022-07-20 | NT$1.80 | annually | 2022-08-25 |
2021-08-09 | NT$0.79 | annually | 2021-09-09 |
2020-07-15 | NT$0.93 | annually | 2020-08-19 |
2019-08-14 | NT$2.77 | annually | 2019-09-04 |
2018-08-24 | NT$0.74 | annually | 2018-09-27 |
2017-07-26 | NT$0.42 | annually | 2017-08-30 |
2016-07-28 | NT$0.43 | annually | |
2015-08-07 | NT$0.46 | annually | |
2014-07-07 | NT$0.47 | annually | |
2013-08-01 | NT$0.20 | annually |
Ta Chen Stainless Pipe Dividend per year
Ta Chen Stainless Pipe Dividend growth
Ta Chen Stainless Pipe Dividend Yield
Ta Chen Stainless Pipe current trailing twelve-month (TTM) dividend yield is 3.57%. Interested in purchasing Ta Chen Stainless Pipe stock? Use our calculator to estimate your expected dividend yield:
Ta Chen Stainless Pipe Financial Ratios
Ta Chen Stainless Pipe Dividend FAQ
Other factors to consider when evaluating Ta Chen Stainless Pipe 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: Ta Chen Stainless Pipe'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, Ta Chen Stainless Pipe 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, Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe 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: Ta Chen Stainless Pipe 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, Ta Chen Stainless Pipe distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe'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 Ta Chen Stainless Pipe'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.