Tong-Hwa Synthetic Fiber Company Limited manufactures and sells polyacrylonitrile synthetic fibers in the Republic of China. The company was founded in 1970 and is based in Taipei, Taiwan.
Tong-Hwa Synthetic Fiber Dividend Announcement
• Tong-Hwa Synthetic Fiber announced a annually dividend of NT$0.30 per ordinary share which will be made payable on . Ex dividend date: 2001-06-20
• Tong-Hwa Synthetic Fiber's trailing twelve-month (TTM) dividend yield is -%
Tong-Hwa Synthetic Fiber Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2001-06-20 | NT$0.30 | annually |
Tong-Hwa Synthetic Fiber Dividend per year
Tong-Hwa Synthetic Fiber Dividend Yield
Tong-Hwa Synthetic Fiber current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tong-Hwa Synthetic Fiber stock? Use our calculator to estimate your expected dividend yield:
Tong-Hwa Synthetic Fiber Financial Ratios
P/E ratio54.84
PEG ratio-0.03
P/B ratio1.33
ROE2.34%
Payout ratio0.00%
Current ratio62.75
Quick ratio62.62
Cash Ratio57.67
Tong-Hwa Synthetic Fiber Dividend FAQ
Does Tong-Hwa Synthetic Fiber stock pay dividends?
Tong-Hwa Synthetic Fiber does not currently pay dividends to its shareholders.
Has Tong-Hwa Synthetic Fiber ever paid a dividend?
No, Tong-Hwa Synthetic Fiber has no a history of paying dividends to its shareholders. Tong-Hwa Synthetic Fiber is not known for its dividend payments.
Why doesn't Tong-Hwa Synthetic Fiber pay dividends?
There are several potential reasons why Tong-Hwa Synthetic Fiber would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Tong-Hwa Synthetic Fiber ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tong-Hwa Synthetic Fiber has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tong-Hwa Synthetic Fiber a dividend aristocrat?
Tong-Hwa Synthetic Fiber is not considered a Dividend Aristocrat. 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 Tong-Hwa Synthetic Fiber a dividend king?
Tong-Hwa Synthetic Fiber is not classified as a "Dividend King". 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 Tong-Hwa Synthetic Fiber a dividend stock?
No, Tong-Hwa Synthetic Fiber is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tong-Hwa Synthetic Fiber stocks?
To buy Tong-Hwa Synthetic Fiber 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Tong-Hwa Synthetic Fiber 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 Tong-Hwa Synthetic Fiber 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.