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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 dateDividend amountDividend typePay date
2024-07-16NT$0.20annually2024-08-12
2023-07-05NT$0.20annually2023-07-21
2022-08-01NT$0.20annually2022-08-26
2020-07-27NT$0.20annually2020-08-21
2019-07-25NT$0.30annually2019-08-23
2017-07-14NT$0.50annually2017-08-11
2016-07-06NT$0.80annually
2015-07-28NT$0.98annually
2014-07-10NT$1.08annually
2013-07-25NT$0.98annually
2012-07-11NT$1.11annually
2011-07-26NT$1.04annually

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

P/E ratio-50.68
PEG ratio7.76
P/B ratio1.77
ROE-3.45%
Payout ratio-29.21%
Current ratio1.25
Quick ratio0.60
Cash Ratio0.15

Tongtai Machine & Tool Dividend FAQ

How much is the next Tongtai Machine & Tool dividend?
Tongtai Machine & Tool's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tongtai Machine & Tool dividend. The next Tongtai Machine & Tool dividend will be released in July.
When is Tongtai Machine & Tool dividend paid?
Tongtai Machine & Tool pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tongtai Machine & Tool pay?
The specific amount of Tongtai Machine & Tool dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tongtai Machine & Tool's dividend history.
Does Tongtai Machine & Tool stock pay dividends?
Yes, Tongtai Machine & Tool does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tongtai Machine & Tool's dividend history.
How much dividend does Tongtai Machine & Tool pay?
Tongtai Machine & Tool paid NT$0.2 in 2024, NT$0.2 in 2023, NT$0.2 in 2022, NT$0.0 in 2021, and NT$0.2 in 2020.
How often does Tongtai Machine & Tool pay dividends?
Tongtai Machine & Tool typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Tongtai Machine & Tool's dividend yield?
The current dividend yield for Tongtai Machine & Tool is 0.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tongtai Machine & Tool's exact dividend yield.
When does Tongtai Machine & Tool go ex dividend?
Tongtai Machine & Tool's ex-dividend date for the latest dividend was on 2024-07-16. Tongtai Machine & Tool typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tongtai Machine & Tool dividend paid?
Tongtai Machine & Tool pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Tongtai Machine & Tool increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tongtai Machine & Tool will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tongtai Machine & Tool dividend per share?
Tongtai Machine & Tool paid NT$0.2 per share in 2024 and NT$0.2 per share in 2023. The amount of dividend per share that Tongtai Machine & Tool pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tongtai Machine & Tool a dividend aristocrat?
No, 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 Tongtai Machine & Tool a dividend king?
No, 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 Tongtai Machine & Tool a dividend stock?
Yes, Tongtai Machine & Tool is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tongtai Machine & Tool a good dividend stock?
Whether Tongtai Machine & Tool is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tongtai Machine & Tool has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Tongtai Machine & Tool pay dividends monthly?
Tongtai Machine & Tool typically pays dividends on a annually basis.
Does Tongtai Machine & Tool pay dividends quarterly?
Tongtai Machine & Tool currently pays dividends on a annually basis.
Has Tongtai Machine & Tool ever paid a dividend?
Yes, Tongtai Machine & Tool has a history of paying dividends to its shareholders. Tongtai Machine & Tool is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tongtai Machine & Tool dividend stocks?
To buy Tongtai Machine & Tool 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Tongtai Machine & Tool 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.
When does Tongtai Machine & Tool pay dividends 2024?
Tongtai Machine & Tool pays dividends on a annually basis. 2024 dividend payments are in 2024-08-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tongtai Machine & Tool increase its dividend in 2024?
Decisions regarding Tongtai Machine & Tool dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tongtai Machine & Tool dividend overview you can look into the above table of dividend history.
How Tongtai Machine & Tool dividend works?
The Tongtai Machine & Tool dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tongtai Machine & Tool's dividend process works:

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.
How are Tongtai Machine & Tool dividends paid?
Tongtai Machine & Tool dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Tongtai Machine & Tool pay dividends?
Tongtai Machine & Tool typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tongtai Machine & Tool pay dividends?
The general pattern is that Tongtai Machine & Tool pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tongtai Machine & Tool dividend safe?
The safety of Tongtai Machine & Tool's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.