TECO Electric & Machinery Co., Ltd. engages in the manufacture, installation, wholesale, and retail of electronic equipment, telecommunication equipment, office equipment, and home appliances worldwide. It offers low, medium, and high voltage motors; system and automation products comprising AC servo driving systems, programmable logic controllers, human-machine interfaces, and robots; electromechanical engineering and power equipment; and household and air conditioning appliances. The company also develops wind turbines, electric cars, and PV power station products; and integrates Internet of Things. In addition, it manufactures and sells switches, busway and related components, touch-tone phone systems, billing boxes, generators, reducers, electric control products, and air conditioners mechanical equipment; invests, research, and develops software and hardware products related to fiber optic communications products; and constructs commercial buildings. Further, the company offers investment consultancy services for domestic and foreign industrial parks and lands; communication network information technology; science park development; develops and sells software; and provides storage and energy technical services. Additionally, it engages in the real estate business; international trading; production of data storage and processing equipment; other mail services; services related to information software, data processing, and electronic information supply; and import, sale, and lease of franking machines. The company was incorporated in 1956 and is headquartered in Taipei, Taiwan.
TECO Electric & Machinery Dividend Announcement
• TECO Electric & Machinery announced a annually dividend of NT$2.20 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-06-18
• TECO Electric & Machinery annual dividend for 2024 was NT$2.20
• TECO Electric & Machinery annual dividend for 2023 was NT$1.50
• TECO Electric & Machinery's trailing twelve-month (TTM) dividend yield is 4.41%
• TECO Electric & Machinery's payout ratio for the trailing twelve months (TTM) is 74.17%
• TECO Electric & Machinery's dividend growth over the last five years (2018-2023) was 11.77% year
• TECO Electric & Machinery's dividend growth over the last ten years (2013-2023) was 4.14% year
TECO Electric & Machinery Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-18 | NT$2.20 | annually | 2024-07-15 |
| 2023-06-15 | NT$1.50 | annually | 2023-07-14 |
| 2022-06-15 | NT$1.35 | annually | 2022-07-15 |
| 2021-06-09 | NT$1.15 | annually | 2021-07-12 |
| 2020-06-11 | NT$0.99 | annually | 2020-07-16 |
| 2019-07-03 | NT$0.90 | annually | 2019-07-31 |
| 2018-07-05 | NT$0.86 | annually | 2018-07-31 |
| 2017-07-05 | NT$0.88 | annually | 2017-07-31 |
| 2016-07-05 | NT$0.80 | annually | |
| 2015-07-07 | NT$1.10 | annually | |
| 2014-07-08 | NT$1.10 | annually | |
| 2013-07-18 | NT$1.00 | annually |
TECO Electric & Machinery Dividend per year
TECO Electric & Machinery Dividend growth
TECO Electric & Machinery Dividend Yield
TECO Electric & Machinery current trailing twelve-month (TTM) dividend yield is 4.41%. Interested in purchasing TECO Electric & Machinery stock? Use our calculator to estimate your expected dividend yield:
TECO Electric & Machinery Financial Ratios
P/E ratio21.57
PEG ratio-1.54
P/B ratio1.37
ROE6.28%
Payout ratio74.17%
Current ratio1.82
Quick ratio1.44
Cash Ratio0.83
TECO Electric & Machinery Dividend FAQ
How much is the next TECO Electric & Machinery dividend?
TECO Electric & Machinery's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next TECO Electric & Machinery dividend. The next TECO Electric & Machinery dividend will be released in June.
When is TECO Electric & Machinery dividend paid?
TECO Electric & Machinery pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does TECO Electric & Machinery pay?
The specific amount of TECO Electric & Machinery dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TECO Electric & Machinery's dividend history.
Does TECO Electric & Machinery stock pay dividends?
Yes, TECO Electric & Machinery does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TECO Electric & Machinery's dividend history.
How much dividend does TECO Electric & Machinery pay?
TECO Electric & Machinery paid NT$2.2 in 2024, NT$1.5 in 2023, NT$1.35 in 2022, NT$1.15 in 2021, and NT$0.99 in 2020.
How often does TECO Electric & Machinery pay dividends?
TECO Electric & Machinery typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is TECO Electric & Machinery's dividend yield?
The current dividend yield for TECO Electric & Machinery is 4.41%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate TECO Electric & Machinery's exact dividend yield.
When does TECO Electric & Machinery go ex dividend?
TECO Electric & Machinery's ex-dividend date for the latest dividend was on 2024-06-18. TECO Electric & Machinery typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next TECO Electric & Machinery dividend paid?
TECO Electric & Machinery pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will TECO Electric & Machinery increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether TECO Electric & Machinery will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is TECO Electric & Machinery dividend per share?
TECO Electric & Machinery paid NT$2.2 per share in 2024 and NT$1.5 per share in 2023. The amount of dividend per share that TECO Electric & Machinery pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is TECO Electric & Machinery a dividend aristocrat?
No, 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 TECO Electric & Machinery a dividend king?
No, 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 TECO Electric & Machinery a dividend stock?
Yes, TECO Electric & Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TECO Electric & Machinery a good dividend stock?
Whether TECO Electric & Machinery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. TECO Electric & Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating TECO Electric & Machinery 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.
Other factors to consider when evaluating TECO Electric & Machinery 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.
Does TECO Electric & Machinery pay dividends monthly?
TECO Electric & Machinery typically pays dividends on a annually basis.
Does TECO Electric & Machinery pay dividends quarterly?
TECO Electric & Machinery currently pays dividends on a annually basis.
Has TECO Electric & Machinery ever paid a dividend?
Yes, TECO Electric & Machinery has a history of paying dividends to its shareholders. TECO Electric & Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TECO Electric & Machinery dividend stocks?
To buy TECO Electric & Machinery 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy TECO Electric & Machinery 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.
Place an order: Use the brokerage's trading platform to place an order to buy TECO Electric & Machinery 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.
When does TECO Electric & Machinery pay dividends 2024?
TECO Electric & Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-07-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will TECO Electric & Machinery increase its dividend in 2024?
Decisions regarding TECO Electric & Machinery dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date TECO Electric & Machinery dividend overview you can look into the above table of dividend history.
How TECO Electric & Machinery dividend works?
The TECO Electric & Machinery dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how TECO Electric & Machinery's dividend process works:
1. Determination of Dividend: TECO Electric & Machinery'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, TECO Electric & Machinery 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, TECO Electric & Machinery 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 TECO Electric & Machinery 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. Determination of Dividend: TECO Electric & Machinery'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, TECO Electric & Machinery 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, TECO Electric & Machinery 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 TECO Electric & Machinery 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.
How are TECO Electric & Machinery dividends paid?
TECO Electric & Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: TECO Electric & Machinery 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, TECO Electric & Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TECO Electric & Machinery 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.
1. Record Date: TECO Electric & Machinery 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, TECO Electric & Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TECO Electric & Machinery 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.
How many times does TECO Electric & Machinery pay dividends?
TECO Electric & Machinery typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does TECO Electric & Machinery pay dividends?
The general pattern is that TECO Electric & Machinery pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is TECO Electric & Machinery dividend safe?
The safety of TECO Electric & Machinery's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of TECO Electric & Machinery'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 TECO Electric & Machinery'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.
To assess the safety of TECO Electric & Machinery'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 TECO Electric & Machinery'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.