Taiwan Navigation Co., Ltd. provides shipping services in Taiwan. It offers passenger and freight transportation services through water; port warehousing; aquatic sand mining; and navigation channel dredging services, as well as acts as a shipping agency and provides tugboats. The company also acts as a land owner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. As of December 31, 2021, it operated 30 vessels. Taiwan Navigation Co., Ltd. was founded in 1946 and is headquartered in Taipei City, Taiwan.
Taiwan Navigation Dividend Announcement
• Taiwan Navigation announced a annually dividend of NT$1.60 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-19
• Taiwan Navigation annual dividend for 2024 was NT$1.60
• Taiwan Navigation annual dividend for 2023 was NT$2.20
• Taiwan Navigation's trailing twelve-month (TTM) dividend yield is 5.14%
• Taiwan Navigation's dividend growth over the last five years (2018-2023) was 25.74% year
Taiwan Navigation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | NT$1.60 | annually | 2024-08-15 |
2023-07-20 | NT$2.20 | annually | 2023-08-17 |
2022-07-14 | NT$2.00 | annually | 2022-08-10 |
2021-07-27 | NT$0.90 | annually | 2021-08-18 |
2020-07-06 | NT$0.80 | annually | 2020-07-24 |
2019-08-22 | NT$1.30 | annually | 2019-09-12 |
2018-08-28 | NT$0.70 | annually | 2018-09-20 |
2016-08-18 | NT$0.22 | annually | |
2015-08-06 | NT$0.65 | annually | |
2014-07-07 | NT$0.80 | annually | |
2013-08-08 | NT$0.80 | annually | |
2012-08-15 | NT$1.50 | annually |
Taiwan Navigation Dividend per year
Taiwan Navigation Dividend growth
Taiwan Navigation Dividend Yield
Taiwan Navigation current trailing twelve-month (TTM) dividend yield is 5.14%. Interested in purchasing Taiwan Navigation stock? Use our calculator to estimate your expected dividend yield:
Taiwan Navigation Financial Ratios
Taiwan Navigation Dividend FAQ
Other factors to consider when evaluating Taiwan Navigation 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 Navigation'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 Navigation 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 Navigation 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 Navigation 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 Navigation 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 Navigation 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 Navigation 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 Navigation'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 Navigation'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.