Test-Rite International Co., Ltd. imports and exports hand tools, auto parts, machinery, furniture, and various home appliances in Asia, America, Europe, Australia, and internationally. It operates through Retail, Trading, and Construction segments. The company offers shovels, sprinklers, etc.; Christmas gifts; outdoor tables and chairs, ice buckets, tents, etc.; barbecue stoves and others; axes, saws, wrenches, and pliers; screws; automobile accessories and supplies, and repair and maintenance products; home storage box and cabinet, and do it yourself (DIY) furniture supplies; and travel storage products. It also provides furniture; stationery; computer accessories; ceiling and electric fans; wall, table, and floor lamps; indoor and outdoor lighting products; blow-dryers, shavers, and infrared detectors; sports and leisure related products, including bicycles, and beauty and health merchandise; recreational products; mattresses, sofas, sofa beds, and leisure chairs; and healthy grains and tea, organic cotton, personal cleaning, and other related products. In addition, the company offers professional services for home improvement, home furnishing, furniture, bedding, interior design, and full-house decorations; and kitchen modification, plumbing and electrical maintenance, waterproofing and leak repair services, as well as air conditioning repair advisory services. Further, it provides information software and electronic information; hardware and construction materials; interior design; mechanical and electronic engineering; cleaning and landscape design; logistics; other information; condominium management; and tally packaging and property leasing services, as well as builds dwellings and rents buildings. As of December 31, 2020, it operated 27 TLW (DIY) stores, 15 community stores, 26 HOLA stores, 3 Crate & Barrel stores, and 11 hoi! stores in Taiwan. The company was incorporated in 1978 and is headquartered in Taipei, Taiwan.
Test-Rite International Dividend Announcement
• Test-Rite International announced a annually dividend of NT$0.58 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-06-13
• Test-Rite International annual dividend for 2024 was NT$0.58
• Test-Rite International annual dividend for 2023 was NT$1.28
• Test-Rite International's trailing twelve-month (TTM) dividend yield is 2.88%
• Test-Rite International's payout ratio for the trailing twelve months (TTM) is 235.93%
• Test-Rite International's dividend growth over the last five years (2018-2023) was 1.30% year
• Test-Rite International's dividend growth over the last ten years (2013-2023) was 1.71% year
Test-Rite International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | NT$0.58 | annually | 2024-07-05 |
2023-06-15 | NT$1.28 | annually | 2023-07-06 |
2022-06-15 | NT$1.28 | annually | 2022-07-08 |
2021-07-05 | NT$1.07 | annually | 2021-08-05 |
2020-07-14 | NT$0.71 | annually | 2020-08-05 |
2019-07-16 | NT$1.30 | annually | 2019-08-05 |
2018-07-16 | NT$1.20 | annually | 2018-08-03 |
2017-07-17 | NT$1.03 | annually | 2017-08-04 |
2016-07-18 | NT$0.95 | annually | |
2015-07-13 | NT$1.13 | annually | |
2014-07-09 | NT$1.00 | annually | |
2013-07-10 | NT$1.08 | annually |
Test-Rite International Dividend per year
Test-Rite International Dividend growth
Test-Rite International Dividend Yield
Test-Rite International current trailing twelve-month (TTM) dividend yield is 2.88%. Interested in purchasing Test-Rite International stock? Use our calculator to estimate your expected dividend yield:
Test-Rite International Financial Ratios
Test-Rite International Dividend FAQ
Other factors to consider when evaluating Test-Rite International 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: Test-Rite International'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, Test-Rite International 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, Test-Rite International 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 Test-Rite International 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: Test-Rite International 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, Test-Rite International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Test-Rite International 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 Test-Rite International'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 Test-Rite International'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.