Tong Yang Industry Co., Ltd. engages in the manufacture and sale of parts, components, and models for automobile and motorcycle in Taiwan, China, the United States, and internationally. The company offers plastics products, such as bumper, grill, instrument panel, etc.; metal hood, fender, etc.; and cooling fans. It is also involved in the processing and trade of coatings and chemical raw materials; production and sale of steam locomotive parts; and processing and sale of paint, varnish, paint materials, and fine chemicals; design, manufacture, maintenance, and trade of various molds; and provision of product design, technology development, experimental testing, and service management services. The company was founded in 1952 and is headquartered in Tainan City, Taiwan.
Tong Yang Industry Dividend Announcement
• Tong Yang Industry announced a annually dividend of NT$4.00 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-06-20
• Tong Yang Industry annual dividend for 2024 was NT$4.00
• Tong Yang Industry annual dividend for 2023 was NT$2.50
• Tong Yang Industry's trailing twelve-month (TTM) dividend yield is 3.6%
• Tong Yang Industry's dividend growth over the last five years (2018-2023) was 4.05% year
• Tong Yang Industry's dividend growth over the last ten years (2013-2023) was 22.03% year
Tong Yang Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | NT$4.00 | annually | 2024-07-17 |
2023-06-26 | NT$2.50 | annually | 2023-07-21 |
2022-06-23 | NT$0.85 | annually | 2022-07-20 |
2021-06-28 | NT$0.80 | annually | 2021-07-22 |
2020-06-23 | NT$1.80 | annually | 2020-07-17 |
2019-07-19 | NT$1.70 | annually | 2019-08-15 |
2018-07-18 | NT$2.05 | annually | 2018-08-10 |
2017-07-14 | NT$2.12 | annually | 2017-08-10 |
2016-07-25 | NT$1.40 | annually | |
2015-08-11 | NT$0.74 | annually | |
2014-07-28 | NT$1.10 | annually | |
2013-08-19 | NT$0.34 | annually |
Tong Yang Industry Dividend per year
Tong Yang Industry Dividend growth
Tong Yang Industry Dividend Yield
Tong Yang Industry current trailing twelve-month (TTM) dividend yield is 3.6%. Interested in purchasing Tong Yang Industry stock? Use our calculator to estimate your expected dividend yield:
Tong Yang Industry Financial Ratios
Tong Yang Industry Dividend FAQ
Other factors to consider when evaluating Tong Yang Industry 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 Yang Industry'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 Yang Industry 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 Yang Industry 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 Yang Industry 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 Yang Industry 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 Yang Industry 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 Yang Industry 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 Yang Industry'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 Yang Industry'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.