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Tai Tung Communication Co., Ltd. manufactures and sells communication cables in Taiwan. The company offers fiber optic cables, including loose tube duct, direct burial- aerial, all-dielectric self-supported, slotted-core ribbon type optical, indoor, drop, and micro-soft metal armored cables; and PON products, such as closures, rack-mount patch panels, and high density and wall-mount fiber distribution frames. It also provides launch test cable, patchcord, fan-out fiber cords, adapters, optical splitters, and connector cleaners; and copper cables comprising telecommunication, coaxial, and power cables. The company was formerly known as Tai Tung Electric Wire & Cable Co., Ltd and changed its name to Tai Tung Communication Co., Ltd. in 2000. Tai Tung Communication Co., Ltd. was founded in 1981 and is headquartered in New Taipei City, Taiwan.

Tai Tung Communication Dividend Announcement

Tai Tung Communication announced a annually dividend of NT$0.53 per ordinary share which will be made payable on 2017-10-05. Ex dividend date: 2017-08-31
Tai Tung Communication's trailing twelve-month (TTM) dividend yield is -%

Tai Tung Communication Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-08-31NT$0.53annually2017-10-05
2015-07-23NT$1.00annually
2014-08-05NT$1.15annually
2013-07-02NT$1.16annually
2012-06-26NT$0.95annually

Tai Tung Communication Dividend per year

Tai Tung Communication Dividend growth

Tai Tung Communication Dividend Yield

Tai Tung Communication current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tai Tung Communication stock? Use our calculator to estimate your expected dividend yield:

Tai Tung Communication Financial Ratios

P/E ratio30.88
PEG ratio-2.69
P/B ratio1.55
ROE5.81%
Payout ratio0.00%
Current ratio1.88
Quick ratio1.41
Cash Ratio0.56

Tai Tung Communication Dividend FAQ

Does Tai Tung Communication stock pay dividends?
Tai Tung Communication does not currently pay dividends to its shareholders.
Has Tai Tung Communication ever paid a dividend?
No, Tai Tung Communication has no a history of paying dividends to its shareholders. Tai Tung Communication is not known for its dividend payments.
Why doesn't Tai Tung Communication pay dividends?
There are several potential reasons why Tai Tung Communication 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.
Will Tai Tung Communication 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 Tai Tung Communication 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 Tai Tung Communication a dividend aristocrat?
Tai Tung Communication 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 Tai Tung Communication a dividend king?
Tai Tung Communication 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 Tai Tung Communication a dividend stock?
No, Tai Tung Communication 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 Tai Tung Communication stocks?
To buy Tai Tung Communication 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 Tai Tung Communication 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.