Tongtai Machine & Tool Co., Ltd. manufactures and sells machines worldwide. The company offers machine tools, such as vertical machining, 5-axis machining, tapping, horizontal machining, 5-axis horizontal machining, multi-tasking turning, and ultrasonic-assisted machining centers, as well as boring and milling machines, horizontal and vertical CNC lathes, special purpose machine, and wheel machines; and PCB machines, including drilling, routing, and linear motor PCB CNC drilling machines. It also provides laser drilling and marking machines; computer components; and additive manufacturing machines consisting of metal powder direct energy deposition and subtractive manufacturing, and metal powder bed fusion machines. The company was incorporated in 1969 and is headquartered in Kaohsiung, Taiwan.
Tongtai Machine & Tool Dividend Announcement
• Tongtai Machine & Tool announced a annually dividend of NT$0.20 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-16
• Tongtai Machine & Tool annual dividend for 2024 was NT$0.20
• Tongtai Machine & Tool annual dividend for 2023 was NT$0.20
• Tongtai Machine & Tool's trailing twelve-month (TTM) dividend yield is 0.63%
• Tongtai Machine & Tool's payout ratio for the trailing twelve months (TTM) is -29.21%
Tongtai Machine & Tool Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | NT$0.20 | annually | 2024-08-12 |
2023-07-05 | NT$0.20 | annually | 2023-07-21 |
2022-08-01 | NT$0.20 | annually | 2022-08-26 |
2020-07-27 | NT$0.20 | annually | 2020-08-21 |
2019-07-25 | NT$0.30 | annually | 2019-08-23 |
2017-07-14 | NT$0.50 | annually | 2017-08-11 |
2016-07-06 | NT$0.80 | annually | |
2015-07-28 | NT$0.98 | annually | |
2014-07-10 | NT$1.08 | annually | |
2013-07-25 | NT$0.98 | annually | |
2012-07-11 | NT$1.11 | annually | |
2011-07-26 | NT$1.04 | annually |
Tongtai Machine & Tool Dividend per year
Tongtai Machine & Tool Dividend growth
Tongtai Machine & Tool Dividend Yield
Tongtai Machine & Tool current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Tongtai Machine & Tool stock? Use our calculator to estimate your expected dividend yield:
Tongtai Machine & Tool Financial Ratios
Tongtai Machine & Tool Dividend FAQ
Other factors to consider when evaluating Tongtai Machine & Tool 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: Tongtai Machine & Tool'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, Tongtai Machine & Tool 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, Tongtai Machine & Tool 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 Tongtai Machine & Tool 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: Tongtai Machine & Tool 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, Tongtai Machine & Tool distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tongtai Machine & Tool 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 Tongtai Machine & Tool'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 Tongtai Machine & Tool'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.