![company-logo](/_next/image?url=https%3A%2F%2Ffinancialmodelingprep.com%2Fimage-stock%2F1310.TW.png&w=384&q=75)
Taiwan Styrene Monomer Corporation, together with its subsidiaries, produces and sells styrene monomer, para-diethyl benzene, toluene, methyl benzene, hydrogen, and ethyl benzene in Taiwan, the United States, and internationally. The company operates in three segments: Plastic, Investment, and Other. Its products are used in electrical appliances, machines, electronics, automobile, packaging, and other industries. The company primarily serves the manufacturers of polystyrene, acrylonitrile-butadiene-styrene resins, and synthetic rubber. It also offers medical equipment wholesale, and piping engineering services. In addition, the company provides residential building and industrial plant development rental services; hotels; manufactures chemical and plastic raw materials; manufactures electric components; and offers educational, information, software, and data storage consulting services. Taiwan Styrene Monomer Corporation was incorporated in 1979 and is headquartered in Taipei City, Taiwan.
Taiwan Styrene Monomer Dividend Announcement
• Taiwan Styrene Monomer announced a annually dividend of NT$0.20 per ordinary share which will be made payable on 2023-10-25. Ex dividend date: 2023-10-05
• Taiwan Styrene Monomer annual dividend for 2023 was NT$0.20
• Taiwan Styrene Monomer's trailing twelve-month (TTM) dividend yield is -%
• Taiwan Styrene Monomer's payout ratio for the trailing twelve months (TTM) is -37.68%
• Taiwan Styrene Monomer's dividend growth over the last five years (2018-2023) was -34.02% year
Taiwan Styrene Monomer Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-10-05 | NT$0.20 | annually | 2023-10-25 |
2022-09-14 | NT$0.15 | annually | 2022-09-27 |
2021-07-22 | NT$0.50 | annually | 2021-08-06 |
2020-07-17 | NT$1.00 | annually | 2020-08-14 |
2019-08-26 | NT$2.00 | annually | 2019-09-27 |
2018-07-24 | NT$1.60 | annually | 2018-08-14 |
2017-06-29 | NT$2.20 | annually | 2017-07-21 |
2016-08-05 | NT$1.00 | annually | |
2014-08-27 | NT$0.50 | annually | |
2010-09-16 | NT$0.60 | annually | |
2008-09-16 | NT$0.30 | annually | |
2007-09-05 | NT$0.37 | annually |
Taiwan Styrene Monomer Dividend per year
Taiwan Styrene Monomer Dividend growth
Taiwan Styrene Monomer Dividend Yield
Taiwan Styrene Monomer current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Taiwan Styrene Monomer stock? Use our calculator to estimate your expected dividend yield:
Taiwan Styrene Monomer Financial Ratios
Taiwan Styrene Monomer Dividend FAQ
Other factors to consider when evaluating Taiwan Styrene Monomer 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.
Place an order: Use the brokerage's trading platform to place an order to buy Taiwan Styrene Monomer 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.
1. Determination of Dividend: Taiwan Styrene Monomer'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 Styrene Monomer 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 Styrene Monomer 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 Styrene Monomer 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 Styrene Monomer 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 Styrene Monomer 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 Styrene Monomer 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 Styrene Monomer'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 Styrene Monomer'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.