Tah Tong Textile Co., Ltd. engages in the production and sale of cotton yarn, finished fabrics, and other textiles in Taiwan. It also provides T/C blended yarns, chemical fiber yarns, and green fabrics; and knitted fabrics and other related products. The company was founded in 1958 and is headquartered in Taipei, Taiwan.
Tah Tong Textile Dividend Announcement
• Tah Tong Textile announced a annually dividend of NT$0.40 per ordinary share which will be made payable on 2019-10-07. Ex dividend date: 2019-08-29
• Tah Tong Textile's trailing twelve-month (TTM) dividend yield is -%
Tah Tong Textile Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-08-29 | NT$0.40 | annually | 2019-10-07 |
| 2013-08-01 | NT$0.11 | annually | |
| 2012-07-04 | NT$0.73 | annually |
Tah Tong Textile Dividend per year
Tah Tong Textile Dividend Yield
Tah Tong Textile current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tah Tong Textile stock? Use our calculator to estimate your expected dividend yield:
Tah Tong Textile Financial Ratios
P/E ratio10.75
PEG ratio0.11
P/B ratio1.66
ROE19.68%
Payout ratio0.00%
Current ratio0.61
Quick ratio0.33
Cash Ratio0.05
Tah Tong Textile Dividend FAQ
Does Tah Tong Textile stock pay dividends?
Tah Tong Textile does not currently pay dividends to its shareholders.
Has Tah Tong Textile ever paid a dividend?
No, Tah Tong Textile has no a history of paying dividends to its shareholders. Tah Tong Textile is not known for its dividend payments.
Why doesn't Tah Tong Textile pay dividends?
There are several potential reasons why Tah Tong Textile would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Tah Tong Textile ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tah Tong Textile has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tah Tong Textile a dividend aristocrat?
Tah Tong Textile is not considered a Dividend Aristocrat. 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 Tah Tong Textile a dividend king?
Tah Tong Textile is not classified as a "Dividend King". 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 Tah Tong Textile a dividend stock?
No, Tah Tong Textile is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tah Tong Textile stocks?
To buy Tah Tong 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Tah Tong 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tah Tong 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.