Taiwan Cement Corporation manufactures and markets cement, cement-related products, and ready mix concrete in Taiwan. It operates through Cement, Chemical Engineering, Electricity, and Other segments. The company also exports cement and cement clinkers. In addition, the company generates thermal and renewable energy; processes and sells refractory, chemical, and rubber raw materials, and batteries; sells limestone; and offers property leasing and energy technology, information software design, afforestation, industrial port management, marine transportation, engineering, construction and lease, waste collection and treatment, business consulting, port facility, software product and equipment maintenance, logistics and transportation, and dangerous waste treatment services. Further, it is involved in the sand and gravel filtering and sale; import and export trading; warehousing, and transportation; mining excavation activities; and manufacture and sale of slag powder. Taiwan Cement Corporation was incorporated in 1946 and is headquartered in Taipei, Taiwan.
Taiwan Cement Dividend Announcement
• Taiwan Cement announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-07-30. Ex dividend date: 2024-07-01
• Taiwan Cement annual dividend for 2024 was NT$1.00
• Taiwan Cement annual dividend for 2023 was NT$0.50
• Taiwan Cement's trailing twelve-month (TTM) dividend yield is 2.98%
• Taiwan Cement's payout ratio for the trailing twelve months (TTM) is 104.36%
• Taiwan Cement's dividend growth over the last five years (2018-2023) was -17.84% year
• Taiwan Cement's dividend growth over the last ten years (2013-2023) was -12.50% year
Taiwan Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | NT$1.00 | annually | 2024-07-30 |
2023-07-11 | NT$0.50 | annually | 2023-08-09 |
2022-07-21 | NT$1.00 | annually | 2022-08-22 |
2021-08-12 | NT$3.37 | annually | 2021-09-10 |
2020-08-12 | NT$2.50 | annually | 2020-09-16 |
2019-08-13 | NT$3.15 | annually | 2019-09-12 |
2018-07-26 | NT$1.33 | annually | 2018-08-24 |
2017-07-25 | NT$1.17 | annually | 2017-08-25 |
2016-07-25 | NT$1.08 | annually | |
2015-07-23 | NT$2.01 | annually | |
2014-07-17 | NT$2.30 | annually | |
2013-07-25 | NT$1.90 | annually |
Taiwan Cement Dividend per year
Taiwan Cement Dividend growth
Taiwan Cement Dividend Yield
Taiwan Cement current trailing twelve-month (TTM) dividend yield is 2.98%. Interested in purchasing Taiwan Cement stock? Use our calculator to estimate your expected dividend yield:
Taiwan Cement Financial Ratios
Taiwan Cement Dividend FAQ
Other factors to consider when evaluating Taiwan Cement 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: Taiwan Cement'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, Taiwan Cement 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, Taiwan Cement 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 Taiwan Cement 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: Taiwan Cement 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, Taiwan Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Taiwan Cement 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 Taiwan Cement'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 Taiwan Cement'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.