Tong Hsing Electronic Industries, Ltd. develops, manufactures, and sells micro modules and custom semiconductor packages in Taiwan. The company provides semiconductor micro module assembly, and thick and thin film substrate foundry services. It also offers microelectronic packaging technologies, such as assembly packaging services, backend technology and others, and RF testing services. In addition, the company provides contract manufacturing services for microelectronic packaging and ceramic thick/thin film substrate fabrication. Its products are used in IGBT, high-frequency switching power supply, automotive, aerospace, solar cell component, telecommunication power supply, laser system, high power LED, microwave, semiconductor process equipment, hybrid electric vehicles, computer peripherals, medical and network equipment, and sensor applications. The company was founded in 1974 and is headquartered in Taipei, Taiwan.
Tong Hsing Electronic Industries Dividend Announcement
• Tong Hsing Electronic Industries announced a annually dividend of NT$2.40 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-27
• Tong Hsing Electronic Industries annual dividend for 2024 was NT$2.40
• Tong Hsing Electronic Industries annual dividend for 2023 was NT$7.77
• Tong Hsing Electronic Industries's trailing twelve-month (TTM) dividend yield is 1.83%
• Tong Hsing Electronic Industries's dividend growth over the last five years (2018-2023) was 11.41% year
• Tong Hsing Electronic Industries's dividend growth over the last ten years (2013-2023) was 7.49% year
Tong Hsing Electronic Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | NT$2.40 | annually | 2024-07-19 |
2023-07-04 | NT$7.77 | annually | 2023-07-21 |
2022-12-01 | NT$1.00 | annually | 2022-12-16 |
2022-07-04 | NT$9.00 | annually | 2022-07-22 |
2021-08-02 | NT$5.50 | annually | 2021-08-20 |
2020-11-19 | NT$1.85 | annually | 2020-12-03 |
2020-07-10 | NT$1.84 | annually | 2020-08-06 |
2019-07-25 | NT$4.53 | annually | 2019-08-30 |
2018-07-26 | NT$4.53 | annually | 2018-08-31 |
2017-07-25 | NT$4.46 | annually | 2017-08-30 |
2016-07-25 | NT$4.53 | annually | |
2015-07-23 | NT$4.53 | annually | |
2014-07-24 | NT$5.28 | annually | |
2013-07-25 | NT$3.77 | annually |
Tong Hsing Electronic Industries Dividend per year
Tong Hsing Electronic Industries Dividend growth
Tong Hsing Electronic Industries Dividend Yield
Tong Hsing Electronic Industries current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing Tong Hsing Electronic Industries stock? Use our calculator to estimate your expected dividend yield:
Tong Hsing Electronic Industries Financial Ratios
Tong Hsing Electronic Industries Dividend FAQ
Other factors to consider when evaluating Tong Hsing Electronic 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: Tong Hsing Electronic 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, Tong Hsing Electronic 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, Tong Hsing Electronic 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 Tong Hsing Electronic 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: Tong Hsing Electronic 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, Tong Hsing Electronic 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: Tong Hsing Electronic 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 Tong Hsing Electronic 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 Tong Hsing Electronic 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.