U-Ming Marine Transport Corporation, together with its subsidiaries, engages in the marine transportation business worldwide. It owns and manages ships that transport commodities, such as cement, crude oil, iron ore, coal, and grain shipments. It operates 66 vessels with a total deadweight of 8.25 million tons. The company was formerly known as Yue Ming Transportation Co. The company was incorporated in 1968 and is based in Taipei, Taiwan. U-Ming Marine Transport Corporation is a subsidiary of The Far Eastern Group.
U-Ming Marine Transport Dividend Announcement
• U-Ming Marine Transport announced a annually dividend of NT$2.40 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-06-27
• U-Ming Marine Transport annual dividend for 2024 was NT$2.40
• U-Ming Marine Transport annual dividend for 2023 was NT$3.00
• U-Ming Marine Transport's trailing twelve-month (TTM) dividend yield is 4.25%
• U-Ming Marine Transport's payout ratio for the trailing twelve months (TTM) is 65.88%
• U-Ming Marine Transport's dividend growth over the last five years (2018-2023) was 20.11% year
• U-Ming Marine Transport's dividend growth over the last ten years (2013-2023) was 1.84% year
U-Ming Marine Transport Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | NT$2.40 | annually | 2024-07-29 |
2023-07-06 | NT$3.00 | annually | 2023-08-04 |
2022-06-27 | NT$3.00 | annually | 2022-07-27 |
2021-07-29 | NT$1.20 | annually | 2021-08-27 |
2020-07-01 | NT$1.90 | annually | 2020-07-31 |
2019-07-11 | NT$1.80 | annually | 2019-08-12 |
2018-07-02 | NT$1.20 | annually | 2018-07-27 |
2017-07-06 | NT$0.75 | annually | 2017-07-28 |
2016-07-07 | NT$1.00 | annually | |
2015-07-14 | NT$2.20 | annually | |
2014-07-14 | NT$2.00 | annually | |
2013-07-15 | NT$2.50 | annually |
U-Ming Marine Transport Dividend per year
U-Ming Marine Transport Dividend growth
U-Ming Marine Transport Dividend Yield
U-Ming Marine Transport current trailing twelve-month (TTM) dividend yield is 4.25%. Interested in purchasing U-Ming Marine Transport stock? Use our calculator to estimate your expected dividend yield:
U-Ming Marine Transport Financial Ratios
U-Ming Marine Transport Dividend FAQ
Other factors to consider when evaluating U-Ming Marine Transport 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: U-Ming Marine Transport'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, U-Ming Marine Transport 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, U-Ming Marine Transport 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 U-Ming Marine Transport 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: U-Ming Marine Transport 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, U-Ming Marine Transport distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: U-Ming Marine Transport 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 U-Ming Marine Transport'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 U-Ming Marine Transport'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.