Thye Ming Industrial Co., Ltd. manufactures and sells lead alloys and lead oxide in Asia. It provides litharge, red lead, antimonial and calcium lead alloys, and lead ingots. The company's products are used in storage battery, PVC stabilizer, lead glass, ceramic glaze, pigment, crystal and optical glass, paint, terminal connector, type metal, casting metal, fishnet sinker, lead oxide, solder, lead brick, and lead plate applications. It also operates lead recycling smelters. The company was founded in 1994 and is based in Kaohsiung, Taiwan.
Thye Ming Industrial Dividend Announcement
• Thye Ming Industrial announced a annually dividend of NT$5.15 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-26
• Thye Ming Industrial annual dividend for 2024 was NT$5.15
• Thye Ming Industrial annual dividend for 2023 was NT$4.00
• Thye Ming Industrial's trailing twelve-month (TTM) dividend yield is 7.84%
• Thye Ming Industrial's payout ratio for the trailing twelve months (TTM) is 67.54%
• Thye Ming Industrial's dividend growth over the last five years (2018-2023) was 5.92% year
• Thye Ming Industrial's dividend growth over the last ten years (2013-2023) was 6.42% year
Thye Ming Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | NT$5.15 | annually | 2024-10-15 |
2023-09-26 | NT$4.00 | annually | 2023-10-19 |
2022-09-06 | NT$4.50 | annually | 2022-10-07 |
2021-11-25 | NT$2.00 | annually | 2021-12-08 |
2021-08-25 | NT$1.00 | annually | 2021-09-24 |
2020-08-25 | NT$2.00 | annually | 2020-09-22 |
2019-08-23 | NT$1.38 | annually | 2019-09-20 |
2018-08-17 | NT$3.00 | annually | 2018-09-21 |
2017-08-10 | NT$2.50 | annually | 2017-09-11 |
2016-09-08 | NT$2.00 | annually | |
2015-09-02 | NT$2.50 | annually | |
2014-08-29 | NT$2.00 | annually | |
2013-08-30 | NT$2.15 | annually |
Thye Ming Industrial Dividend per year
Thye Ming Industrial Dividend growth
Thye Ming Industrial Dividend Yield
Thye Ming Industrial current trailing twelve-month (TTM) dividend yield is 7.84%. Interested in purchasing Thye Ming Industrial stock? Use our calculator to estimate your expected dividend yield:
Thye Ming Industrial Financial Ratios
Thye Ming Industrial Dividend FAQ
Other factors to consider when evaluating Thye Ming Industrial 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: Thye Ming Industrial'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, Thye Ming Industrial 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, Thye Ming Industrial 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 Thye Ming Industrial 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: Thye Ming Industrial 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, Thye Ming Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thye Ming Industrial 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 Thye Ming Industrial'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 Thye Ming Industrial'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.