Tex Year Industries Inc. manufactures and sells of glues, adhesives, hot-melt glues and medical equipment in Taiwan, rest of Asia, Europe, Americas, and internationally. The company offers hot melt adhesives that include general hot-melt adhesives, hot melt glue sticks, water-based pressure sensitive hot-melt adhesives, hot-melt glue guns, and super glues. It also provides specialty chemicals, such as HumiSeal, a circuit board moisture coating/conformal coating; HARDLOC, a structural adhesive; and super glues, release agents/mold release agents, specialty adhesives, and water-based adhesives. In addition, the company offers infection control products and services that include medical/dental detergents, and sterilization pouches, as well as tabletop computerized steam autoclaves and CSSD floor-stand autoclaves; large and small vibrating equipment; home appliance pleatable synthetic HEPA filter media and medium-high efficiency automotive cabin filter media products; water-based pressure sensitive adhesives; UV curing and TOYOBO ITO conductive films; and thermal interface material. Tex Year Industries Inc. was founded in 1976 and is headquartered in New Taipei City, Taiwan.
Tex Year Industries Dividend Announcement
• Tex Year Industries announced a annually dividend of NT$0.54 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-26
• Tex Year Industries annual dividend for 2024 was NT$0.54
• Tex Year Industries annual dividend for 2023 was NT$0.20
• Tex Year Industries's trailing twelve-month (TTM) dividend yield is 2.76%
• Tex Year Industries's payout ratio for the trailing twelve months (TTM) is 13.82%
Tex Year Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | NT$0.54 | annually | 2024-08-21 |
2023-08-04 | NT$0.20 | annually | 2023-08-30 |
2022-08-01 | NT$0.20 | annually | 2022-09-02 |
2020-07-21 | NT$0.29 | annually | 2020-08-21 |
2019-07-24 | NT$0.14 | annually | 2019-08-23 |
2018-07-30 | NT$0.19 | annually | 2018-08-29 |
2017-07-27 | NT$0.57 | annually | 2017-08-31 |
2016-07-21 | NT$0.95 | annually | |
2015-07-20 | NT$0.28 | annually | |
2014-07-14 | NT$0.53 | annually | |
2013-07-29 | NT$0.60 | annually | |
2012-08-01 | NT$0.19 | annually |
Tex Year Industries Dividend per year
Tex Year Industries Dividend growth
Tex Year Industries Dividend Yield
Tex Year Industries current trailing twelve-month (TTM) dividend yield is 2.76%. Interested in purchasing Tex Year Industries stock? Use our calculator to estimate your expected dividend yield:
Tex Year Industries Financial Ratios
Tex Year Industries Dividend FAQ
Other factors to consider when evaluating Tex Year Industries 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: Tex Year Industries'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, Tex Year Industries 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, Tex Year Industries 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 Tex Year Industries 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: Tex Year Industries 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, Tex Year Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tex Year Industries 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 Tex Year Industries'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 Tex Year Industries'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.