Tsang Yow Industrial Co.,Ltd. manufactures and supplies transmission system components and assemblies worldwide. It offers automatic and manual transmission, off highway machinery, torque converter, and viscous coupling parts; clutch parts for heavy-duty trucks; and gear boxes. The company was founded in 1985 and is based in Chiayi, Taiwan.
Tsang Yow Industrial Dividend Announcement
• Tsang Yow Industrial announced a annually dividend of NT$1.34 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-05-27 • Tsang Yow Industrial annual dividend for 2024 was NT$1.34 • Tsang Yow Industrial annual dividend for 2023 was NT$1.10 • Tsang Yow Industrial's trailing twelve-month (TTM) dividend yield is 4.81% • Tsang Yow Industrial's payout ratio for the trailing twelve months (TTM) is 88.42% • Tsang Yow Industrial's dividend growth over the last five years (2018-2023) was 6.58% year • Tsang Yow Industrial's dividend growth over the last ten years (2013-2023) was 8.20% year
Tsang Yow Industrial current trailing twelve-month (TTM) dividend yield is 4.81%. Interested in purchasing Tsang Yow Industrial stock? Use our calculator to estimate your expected dividend yield:
Tsang Yow Industrial Financial Ratios
P/E ratio17.99
PEG ratio0.48
P/B ratio1.53
ROE8.58%
Payout ratio88.42%
Current ratio3.15
Quick ratio2.30
Cash Ratio1.72
Tsang Yow Industrial Dividend FAQ
How much is the next Tsang Yow Industrial dividend?
Tsang Yow Industrial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tsang Yow Industrial dividend. The next Tsang Yow Industrial dividend will be released in May.
When is Tsang Yow Industrial dividend paid?
Tsang Yow Industrial pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Tsang Yow Industrial pay?
The specific amount of Tsang Yow Industrial 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 Tsang Yow Industrial's dividend history.
Does Tsang Yow Industrial stock pay dividends?
Yes, Tsang Yow Industrial 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 Tsang Yow Industrial's dividend history.
How much dividend does Tsang Yow Industrial pay?
Tsang Yow Industrial paid NT$1.34 in 2024, NT$1.1 in 2023, NT$0.3 in 2022, NT$0.3 in 2021, and NT$0.504 in 2020.
How often does Tsang Yow Industrial pay dividends?
Tsang Yow Industrial 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 May.
What is Tsang Yow Industrial's dividend yield?
The current dividend yield for Tsang Yow Industrial is 4.81%. 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 Tsang Yow Industrial's exact dividend yield.
When does Tsang Yow Industrial go ex dividend?
Tsang Yow Industrial's ex-dividend date for the latest dividend was on 2024-05-27. Tsang Yow Industrial 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 Tsang Yow Industrial dividend paid?
Tsang Yow Industrial pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Tsang Yow Industrial 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 Tsang Yow Industrial 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 Tsang Yow Industrial dividend per share?
Tsang Yow Industrial paid NT$1.34 per share in 2024 and NT$1.1 per share in 2023. The amount of dividend per share that Tsang Yow Industrial 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 Tsang Yow Industrial 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 Tsang Yow Industrial 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 Tsang Yow Industrial a dividend stock?
Yes, Tsang Yow Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tsang Yow Industrial a good dividend stock?
Whether Tsang Yow Industrial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tsang Yow Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tsang Yow Industrial 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 Tsang Yow Industrial pay dividends monthly?
Tsang Yow Industrial typically pays dividends on a annually basis.
Does Tsang Yow Industrial pay dividends quarterly?
Tsang Yow Industrial currently pays dividends on a annually basis.
Has Tsang Yow Industrial ever paid a dividend?
Yes, Tsang Yow Industrial has a history of paying dividends to its shareholders. Tsang Yow Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tsang Yow Industrial dividend stocks?
To buy Tsang Yow Industrial 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 Tsang Yow Industrial 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 Tsang Yow Industrial pay dividends 2024?
Tsang Yow Industrial pays dividends on a annually basis. 2024 dividend payments are in 2024-06-19. 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 Tsang Yow Industrial increase its dividend in 2024?
Decisions regarding Tsang Yow Industrial 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 Tsang Yow Industrial dividend overview you can look into the above table of dividend history.
How Tsang Yow Industrial dividend works?
The Tsang Yow Industrial 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 Tsang Yow Industrial's dividend process works:
1. Determination of Dividend: Tsang Yow Industrial'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, Tsang Yow Industrial 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, Tsang Yow Industrial 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 Tsang Yow Industrial 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 Tsang Yow Industrial dividends paid?
Tsang Yow Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tsang Yow Industrial 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, Tsang Yow Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tsang Yow Industrial 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 Tsang Yow Industrial pay dividends?
Tsang Yow Industrial 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 Tsang Yow Industrial pay dividends?
The general pattern is that Tsang Yow Industrial pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tsang Yow Industrial dividend safe?
The safety of Tsang Yow Industrial'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 Tsang Yow Industrial'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 Tsang Yow Industrial'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.