Tung Ho Steel Enterprise Corporation, together with its subsidiaries, produces and sells steel products in Taiwan, China, Vietnam, and internationally. The company operates through six segments: Kaohsiung, Taoyuan, Miaoli, Vietnam, Vietnam, and Steel Structure. It offers rebar, such as screw rebar, deformed steel rebar, compact rebar in coil, tensile rebar, and round bar products for building projects; hot rolled and checkered H-beams, I-beams, channel beams, and U-type sheet piles for steel structures and other construction projects; plate-type steel products for use in factories, logistics warehouses, office and residential buildings, bridges, and other buildings; and cut to length and bending products, friction welding couplers, re-bar wire mesh products, and built-up H-beams. The company was founded in 1946 and is headquartered in Taipei, Taiwan.
Tung Ho Steel Enterprise Dividend Announcement
• Tung Ho Steel Enterprise announced a annually dividend of NT$4.20 per ordinary share which will be made payable on . Ex dividend date: 2024-03-22
• Tung Ho Steel Enterprise annual dividend for 2024 was NT$4.20
• Tung Ho Steel Enterprise annual dividend for 2023 was NT$3.50
• Tung Ho Steel Enterprise's trailing twelve-month (TTM) dividend yield is 5.65%
• Tung Ho Steel Enterprise's payout ratio for the trailing twelve months (TTM) is 65.53%
• Tung Ho Steel Enterprise's dividend growth over the last five years (2018-2023) was 20.11% year
• Tung Ho Steel Enterprise's dividend growth over the last ten years (2013-2023) was 10.41% year
Tung Ho Steel Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | NT$4.20 | annually | |
2023-03-30 | NT$3.50 | annually | 2023-05-04 |
2022-03-25 | NT$6.40 | annually | 2021-12-10 |
2021-06-25 | NT$1.50 | annually | 2021-07-22 |
2020-06-12 | NT$1.35 | annually | 2020-07-17 |
2019-07-16 | NT$1.20 | annually | 2019-08-16 |
2018-06-29 | NT$1.40 | annually | 2018-08-03 |
2017-08-04 | NT$1.30 | annually | 2017-09-08 |
2016-07-19 | NT$1.10 | annually | |
2015-07-22 | NT$1.30 | annually | |
2014-08-06 | NT$1.60 | annually | |
2013-07-23 | NT$1.30 | annually |
Tung Ho Steel Enterprise Dividend per year
Tung Ho Steel Enterprise Dividend growth
Tung Ho Steel Enterprise Dividend Yield
Tung Ho Steel Enterprise current trailing twelve-month (TTM) dividend yield is 5.65%. Interested in purchasing Tung Ho Steel Enterprise stock? Use our calculator to estimate your expected dividend yield:
Tung Ho Steel Enterprise Financial Ratios
Tung Ho Steel Enterprise Dividend FAQ
Other factors to consider when evaluating Tung Ho Steel Enterprise 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: Tung Ho Steel Enterprise'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, Tung Ho Steel Enterprise 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, Tung Ho Steel Enterprise 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 Tung Ho Steel Enterprise 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: Tung Ho Steel Enterprise 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, Tung Ho Steel Enterprise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tung Ho Steel Enterprise 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 Tung Ho Steel Enterprise'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 Tung Ho Steel Enterprise'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.