company-logo

Tycoons Group Enterprise Co.,Ltd. produces and sells steel products in the United States, Asia, Europe, and internationally. It offers billets; steel wire rods; steel bars; spheroidizing annealing wires; and drywall, roofing, wood, self-tapping, chipboard, Euro, collated, and window screws, as well as shear connectors, large and construction screws, and steel bars. The company also offers fabrication services, as well as engages in the heat treatment of spheroidized wires and screws. Tycoons Group Enterprise Co.,Ltd. was incorporated in 1980 and is based in Kaohsiung City, Taiwan.

Tycoons Enterprise Dividend Announcement

Tycoons Enterprise announced a annually dividend of NT$0.20 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-06-27
Tycoons Enterprise annual dividend for 2024 was NT$0.20
Tycoons Enterprise's trailing twelve-month (TTM) dividend yield is 2.0%
Tycoons Enterprise's payout ratio for the trailing twelve months (TTM) is 148.23%

Tycoons Enterprise Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-27NT$0.20annually2024-07-22
2005-07-20NT$0.48annually

Tycoons Enterprise Dividend per year

Tycoons Enterprise Dividend Yield

Tycoons Enterprise current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Tycoons Enterprise stock? Use our calculator to estimate your expected dividend yield:

Tycoons Enterprise Financial Ratios

P/E ratio73.52
PEG ratio3.01
P/B ratio0.97
ROE1.28%
Payout ratio148.23%
Current ratio2.07
Quick ratio1.05
Cash Ratio0.42

Tycoons Enterprise Dividend FAQ

Does Tycoons Enterprise stock pay dividends?
Tycoons Enterprise does not currently pay dividends to its shareholders.
Has Tycoons Enterprise ever paid a dividend?
No, Tycoons Enterprise has no a history of paying dividends to its shareholders. Tycoons Enterprise is not known for its dividend payments.
Why doesn't Tycoons Enterprise pay dividends?
There are several potential reasons why Tycoons Enterprise would choose not to pay dividends to their shareholders:

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.
Will Tycoons Enterprise ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tycoons Enterprise has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tycoons Enterprise a dividend aristocrat?
Tycoons Enterprise is not considered a Dividend Aristocrat. 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 Tycoons Enterprise a dividend king?
Tycoons Enterprise is not classified as a "Dividend King". 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 Tycoons Enterprise a dividend stock?
No, Tycoons Enterprise is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tycoons Enterprise stocks?
To buy Tycoons Enterprise 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Tycoons Enterprise 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.