Universal Cement Corporation engages in the manufacture and sale of cement, ready-mixed concrete, gypsum board panels, and other building materials in Taiwan. It operates through Building Materials Business and Assets Management Center segments. The company also offers pressure-sensing electronic technology products, such as flexible electronic pressure sensors, pressure sensor modules, and flexible microelectromechanical pressure sensing instruments for use in computer, communication and consumer electronics, industrial and semiconductor equipment, smart warehouse, and medical monitoring industries. Universal Cement Corporation was founded in 1959 and is headquartered in Taipei, Taiwan.
Universal Cement Dividend Announcement
• Universal Cement announced a annually dividend of NT$1.80 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-16
• Universal Cement annual dividend for 2024 was NT$1.80
• Universal Cement annual dividend for 2023 was NT$1.50
• Universal Cement's trailing twelve-month (TTM) dividend yield is 5.76%
• Universal Cement's payout ratio for the trailing twelve months (TTM) is 45.98%
• Universal Cement's dividend growth over the last five years (2018-2023) was 6.40% year
• Universal Cement's dividend growth over the last ten years (2013-2023) was 7.18% year
Universal Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | NT$1.80 | annually | 2024-08-21 |
2023-07-21 | NT$1.50 | annually | 2023-08-28 |
2022-07-26 | NT$1.00 | annually | 2022-08-25 |
2021-08-16 | NT$1.10 | annually | 2021-09-08 |
2020-07-16 | NT$1.00 | annually | 2020-08-12 |
2019-07-15 | NT$1.00 | annually | 2019-08-15 |
2018-07-10 | NT$1.10 | annually | 2018-08-06 |
2017-07-14 | NT$1.17 | annually | 2017-08-18 |
2016-07-25 | NT$0.95 | annually | |
2015-07-22 | NT$0.92 | annually | |
2014-07-22 | NT$0.87 | annually | |
2013-07-11 | NT$0.75 | annually |
Universal Cement Dividend per year
Universal Cement Dividend growth
Universal Cement Dividend Yield
Universal Cement current trailing twelve-month (TTM) dividend yield is 5.76%. Interested in purchasing Universal Cement stock? Use our calculator to estimate your expected dividend yield:
Universal Cement Financial Ratios
Universal Cement Dividend FAQ
Other factors to consider when evaluating Universal Cement 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: Universal Cement'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, Universal Cement 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, Universal Cement 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 Universal Cement 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: Universal Cement 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, Universal Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Universal Cement 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 Universal Cement'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 Universal Cement'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.