Tai Sin Electric Limited, together with its subsidiaries, designs, develops, manufactures, and trades in cable and wire products. The company operates through Cable & Wire, Electrical Material Distribution, Switchboard, and Test & Inspection segments. The Cable & Wire segment provides power, control, instrumentation, fire resistant and flame retardant cables, and busbar trucking systems for use in various areas of electrical and instrumentation installation for commercial, residential, industrial, and infrastructure projects. The Electrical Material Distribution segment provides industrial control systems and components, sensing products, measurement and monitoring systems, and power quality systems; and safety, cabling, and electrical accessories, as well as lighting and energy monitoring solutions to a range of industries, which includes industrial automation, maintenance, repair, and operations. The Switchboard segment offers switchgears comprising low voltage main and sub switchboards, distribution boards, control panels, and others for use in large buildings and industrial installations. The Test & Inspection segment offers consultancy, testing, inspection, and certification services for materials comprising concrete, soil, and asphalt premixes. It also engages in general construction and technical engineering, oil and gas, and non-construction activities, as well as distributing electrical products. The company serves end-users, contractors, manufacturers, system integrators, engineers, and consultants in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally. Tai Sin Electric Limited was incorporated in 1980 and is headquartered in Singapore.
Tai Sin Electric Dividend Announcement
• Tai Sin Electric announced a semi annually dividend of S$0.02 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-11-05
• Tai Sin Electric annual dividend for 2024 was S$0.02
• Tai Sin Electric annual dividend for 2023 was S$0.02
• Tai Sin Electric's trailing twelve-month (TTM) dividend yield is 6.03%
• Tai Sin Electric's payout ratio for the trailing twelve months (TTM) is 74.10%
• Tai Sin Electric's dividend growth over the last five years (2018-2023) was 0.87% year
• Tai Sin Electric's dividend growth over the last ten years (2013-2023) was 0.44% year
Tai Sin Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | S$0.02 | semi annually | 2024-11-13 |
2024-03-04 | S$0.01 | semi annually | 2024-03-13 |
2023-10-31 | S$0.02 | semi annually | 2023-11-09 |
2023-03-23 | S$0.01 | semi annually | 2023-04-03 |
2022-11-07 | S$0.02 | semi annually | 2022-11-15 |
2022-02-28 | S$0.01 | semi annually | 2022-03-08 |
2021-11-05 | S$0.01 | semi annually | 2021-11-15 |
2021-02-25 | S$0.01 | semi annually | 2021-03-08 |
2020-11-05 | S$0.01 | semi annually | 2020-11-13 |
2020-02-26 | S$0.01 | semi annually | 2020-03-06 |
2019-11-01 | S$0.01 | semi annually | 2019-12-19 |
2019-03-19 | S$0.01 | semi annually | 2019-05-08 |
2018-11-05 | S$0.01 | semi annually | 2018-11-15 |
2018-03-07 | S$0.01 | semi annually | 2018-03-16 |
2017-11-03 | S$0.02 | semi annually | 2017-11-14 |
2017-03-07 | S$0.01 | semi annually | 2017-03-16 |
2016-11-01 | S$0.02 | semi annually | |
2016-03-03 | S$0.01 | semi annually | |
2015-10-28 | S$0.01 | semi annually | |
2015-03-25 | S$0.01 | semi annually | |
2014-11-06 | S$0.01 | semi annually | |
2014-03-04 | S$0.01 | semi annually | |
2013-10-28 | S$0.01 | semi annually | |
2013-03-04 | S$0.01 | semi annually |
Tai Sin Electric Dividend per year
Tai Sin Electric Dividend growth
Tai Sin Electric Dividend Yield
Tai Sin Electric current trailing twelve-month (TTM) dividend yield is 6.03%. Interested in purchasing Tai Sin Electric stock? Use our calculator to estimate your expected dividend yield:
Tai Sin Electric Financial Ratios
Tai Sin Electric Dividend FAQ
Other factors to consider when evaluating Tai Sin Electric 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: Tai Sin Electric'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, Tai Sin Electric 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, Tai Sin Electric 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 Tai Sin Electric 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: Tai Sin Electric 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, Tai Sin Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tai Sin Electric 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 Tai Sin Electric'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 Tai Sin Electric'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.