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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | NT$0.20 | annually | 2024-07-22 |
2005-07-20 | NT$0.48 | annually |
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
Tycoons Enterprise Dividend FAQ
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.
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