TSRC Corporation, together with its subsidiaries, engages in the manufacture, import, and sale of various synthetic rubber and related products in Taiwan, rest of Asia, North America, and Europe. The company offers ESBR rubber for use in automotive tires, shoe soles, conveyor belts, military caterpillar and tow trucks tracks, sports equipment, and toys; SSBR rubber for use in energy-saving, high performance, and all-season tires; BR rubber that is used in the production of plastic modification for HIPS and high-speed radial tires; and NBR rubber for use in oil hoses and seals, rollers, industrial gaskets, belts, shoe soles, rubber plastic foam sheets, and conveyor belts. It also provides styrene-butadiene-styrene, styrene-isoprene-styrene, and styrene-ethylene/butylene-styrene copolymers, as well as T-BLEND applied materials for use in advance shoe material, foam material, soft touch and gel, and overmolding materials. The company was formerly known as Taiwan Synthetic Rubber Corporation and changed its name to TSRC Corporation in August 1999. TSRC Corporation was incorporated in 1973 and is headquartered in Kaohsiung, Taiwan.
TSRC Dividend Announcement
• TSRC announced a annually dividend of NT$0.56 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-07-04
• TSRC annual dividend for 2024 was NT$0.56
• TSRC annual dividend for 2023 was NT$1.08
• TSRC's trailing twelve-month (TTM) dividend yield is 2.25%
• TSRC's payout ratio for the trailing twelve months (TTM) is 109.62%
• TSRC's dividend growth over the last five years (2018-2023) was 2.38% year
• TSRC's dividend growth over the last ten years (2013-2023) was -7.96% year
TSRC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | NT$0.56 | annually | 2024-07-26 |
2023-06-29 | NT$1.08 | annually | 2023-07-21 |
2022-07-19 | NT$2.40 | annually | 2022-08-05 |
2021-08-25 | NT$0.36 | annually | 2021-09-15 |
2020-07-17 | NT$0.50 | annually | 2020-08-20 |
2019-08-30 | NT$0.98 | annually | 2019-09-25 |
2018-07-18 | NT$0.96 | annually | 2018-08-16 |
2017-07-28 | NT$1.00 | annually | 2017-08-25 |
2016-08-25 | NT$1.06 | annually | |
2015-08-25 | NT$1.52 | annually | |
2014-07-15 | NT$1.30 | annually | |
2013-07-16 | NT$2.48 | annually |
TSRC Dividend per year
TSRC Dividend growth
TSRC Dividend Yield
TSRC current trailing twelve-month (TTM) dividend yield is 2.25%. Interested in purchasing TSRC stock? Use our calculator to estimate your expected dividend yield:
TSRC Financial Ratios
TSRC Dividend FAQ
Other factors to consider when evaluating TSRC 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: TSRC'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, TSRC 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, TSRC 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 TSRC 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: TSRC 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, TSRC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TSRC 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 TSRC'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 TSRC'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.