Taita Chemical Company, Limited produces and sells styrenics in Taiwan, Mainland China, Hong Kong, and the United States. It offers acrylonitrile-butadiene-styrene resin, a terpolymer plastic under the TAITALAC brand; general purpose and high impact polystyrene under the TAITAREX brand name for use in food containers, CD cases, stationary, toys, insulation boards, business machines, electric and electrical appliances, and consumer goods; and expandable polystyrene resins under the TAITACELL brand name. The company also provides glass wool materials; and engages in cubic printing, a process for applying decorative pattern to 3-dimensional products in various applications, including auto parts, home electronic appliances, IT products, home decoration, sport goods, stationery and gifts, and others. In addition, it engages in export activities. Taita Chemical Company, Limited was incorporated in 1960 and is headquartered in Taipei, Taiwan.
Taita Chemical Dividend Announcement
• Taita Chemical announced a annually dividend of NT$0.30 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-26
• Taita Chemical annual dividend for 2024 was NT$0.30
• Taita Chemical annual dividend for 2023 was NT$0.50
• Taita Chemical's trailing twelve-month (TTM) dividend yield is 1.85%
• Taita Chemical's payout ratio for the trailing twelve months (TTM) is -33.76%
Taita Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | NT$0.30 | annually | 2024-08-23 |
2023-07-27 | NT$0.50 | annually | 2023-08-25 |
2022-07-28 | NT$2.00 | annually | 2022-08-31 |
2021-09-02 | NT$2.00 | annually | 2021-10-07 |
2020-07-23 | NT$0.30 | annually | 2020-08-28 |
2019-07-25 | NT$0.19 | annually | 2019-08-23 |
2012-08-09 | NT$0.19 | annually | |
2011-08-09 | NT$0.45 | annually | |
2008-08-26 | NT$0.19 | annually | |
2005-08-24 | NT$0.19 | annually |
Taita Chemical Dividend per year
Taita Chemical Dividend growth
Taita Chemical Dividend Yield
Taita Chemical current trailing twelve-month (TTM) dividend yield is 1.85%. Interested in purchasing Taita Chemical stock? Use our calculator to estimate your expected dividend yield:
Taita Chemical Financial Ratios
Taita Chemical Dividend FAQ
Other factors to consider when evaluating Taita Chemical 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: Taita Chemical'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, Taita Chemical 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, Taita Chemical 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 Taita Chemical 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: Taita Chemical 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, Taita Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Taita Chemical 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 Taita Chemical'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 Taita Chemical'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.