TURVO International Co., Ltd. develops and produces precision metal parts and components in Taiwan and internationally. The company's products have application in automotive engine systems, steering systems, transmission systems, safety systems, chassis systems, connectors for industrial communication applications, sensors, temperature control equipment, industrial automation, medical equipment components, and high-end bicycle components, etc. TURVO International Co., Ltd. was founded in 1987 and is based in Taichung City, Taiwan.
TURVO International Dividend Announcement
• TURVO International announced a annually dividend of NT$5.30 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-07-31
• TURVO International annual dividend for 2024 was NT$5.30
• TURVO International annual dividend for 2023 was NT$6.00
• TURVO International's trailing twelve-month (TTM) dividend yield is 3.39%
• TURVO International's payout ratio for the trailing twelve months (TTM) is 57.20%
• TURVO International's dividend growth over the last five years (2018-2023) was 9.82% year
• TURVO International's dividend growth over the last ten years (2013-2023) was 8.45% year
TURVO International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-31 | NT$5.30 | annually | 2024-08-28 |
2023-08-04 | NT$6.00 | annually | 2023-08-31 |
2022-07-29 | NT$5.40 | annually | 2022-08-31 |
2021-08-19 | NT$3.74 | annually | 2021-09-15 |
2020-08-21 | NT$3.30 | annually | 2020-09-15 |
2019-08-22 | NT$4.00 | annually | 2019-09-20 |
2018-09-28 | NT$3.76 | annually | 2018-10-30 |
2017-08-21 | NT$4.08 | annually | 2017-09-15 |
2016-09-13 | NT$2.45 | annually | |
2015-06-26 | NT$3.88 | annually | |
2014-08-13 | NT$3.96 | annually | |
2013-08-29 | NT$2.67 | annually |
TURVO International Dividend per year
TURVO International Dividend growth
TURVO International Dividend Yield
TURVO International current trailing twelve-month (TTM) dividend yield is 3.39%. Interested in purchasing TURVO International stock? Use our calculator to estimate your expected dividend yield:
TURVO International Financial Ratios
TURVO International Dividend FAQ
Other factors to consider when evaluating TURVO International 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: TURVO International'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, TURVO International 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, TURVO International 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 TURVO International 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: TURVO International 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, TURVO International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TURVO International 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 TURVO International'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 TURVO International'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.