Triocean Industrial Corporation Co., Ltd. produces and sells polypropylene filament yarns and fabrics worldwide. It also engages in the wholesale and trading of building materials; general investment; furniture and construction business; and generation, transmission, and distribution of electricity. The company was formerly known as Tri Ocean Textile Co., Ltd. and changed its name to Triocean Industrial Corporation Co., Ltd. in September 2021. Triocean Industrial Corporation Co., Ltd. was founded in 1957 and is based in Kaohsiung, Taiwan.
Triocean Industrial Dividend Announcement
• Triocean Industrial announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-06-13
• Triocean Industrial annual dividend for 2024 was NT$2.00
• Triocean Industrial's trailing twelve-month (TTM) dividend yield is 3.16%
Triocean Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | NT$2.00 | annually | 2024-07-17 |
2003-12-18 | NT$0.10 | annually |
Triocean Industrial Dividend per year
Triocean Industrial Dividend Yield
Triocean Industrial current trailing twelve-month (TTM) dividend yield is 3.16%. Interested in purchasing Triocean Industrial stock? Use our calculator to estimate your expected dividend yield:
Triocean Industrial Financial Ratios
Triocean Industrial Dividend FAQ
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.
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