Universal Textile Co., Ltd. manufactures and sells fabrics in Taiwan. The company offers polyester filament woven and T/R interweaving fabrics for men and ladies; polyester textured yarns; complex textured yarns; special cross-section polyester filament yarns; and recycled PET products. Universal Textile Co., Ltd. was founded in 1969 and is headquartered in Taipei, Taiwan.
Universal Textile Dividend Announcement
• Universal Textile announced a annually dividend of NT$2.50 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-06-18 • Universal Textile annual dividend for 2024 was NT$2.50 • Universal Textile annual dividend for 2023 was NT$0.10 • Universal Textile's trailing twelve-month (TTM) dividend yield is 13.55% • Universal Textile's payout ratio for the trailing twelve months (TTM) is 1.33%
Universal Textile current trailing twelve-month (TTM) dividend yield is 13.55%. Interested in purchasing Universal Textile stock? Use our calculator to estimate your expected dividend yield:
Universal Textile Financial Ratios
P/E ratio2.44
PEG ratio-0.07
P/B ratio1.01
ROE41.35%
Payout ratio1.33%
Current ratio3.74
Quick ratio2.97
Cash Ratio2.28
Universal Textile Dividend FAQ
How much is the next Universal Textile dividend?
Universal Textile's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Universal Textile dividend. The next Universal Textile dividend will be released in June.
When is Universal Textile dividend paid?
Universal Textile pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Universal Textile pay?
The specific amount of Universal Textile dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Universal Textile's dividend history.
Does Universal Textile stock pay dividends?
Yes, Universal Textile does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Universal Textile's dividend history.
How much dividend does Universal Textile pay?
Universal Textile paid NT$2.5 in 2024, NT$0.1 in 2023, NT$0.0 in 2022, NT$0.2 in 2021, and NT$0.203 in 2020.
How often does Universal Textile pay dividends?
Universal Textile typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Universal Textile's dividend yield?
The current dividend yield for Universal Textile is 13.55%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Universal Textile's exact dividend yield.
When does Universal Textile go ex dividend?
Universal Textile's ex-dividend date for the latest dividend was on 2024-06-18. Universal Textile typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Universal Textile dividend paid?
Universal Textile pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Universal Textile increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Universal Textile will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Universal Textile dividend per share?
Universal Textile paid NT$2.5 per share in 2024 and NT$0.1 per share in 2023. The amount of dividend per share that Universal Textile pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Universal Textile a dividend aristocrat?
No, 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 Universal Textile a dividend king?
No, 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 Universal Textile a dividend stock?
Yes, Universal Textile is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Universal Textile a good dividend stock?
Whether Universal Textile is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Universal Textile has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Universal Textile 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.
Does Universal Textile pay dividends monthly?
Universal Textile typically pays dividends on a annually basis.
Does Universal Textile pay dividends quarterly?
Universal Textile currently pays dividends on a annually basis.
Has Universal Textile ever paid a dividend?
Yes, Universal Textile has a history of paying dividends to its shareholders. Universal Textile is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Universal Textile dividend stocks?
To buy Universal Textile 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Universal Textile 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.
When does Universal Textile pay dividends 2024?
Universal Textile pays dividends on a annually basis. 2024 dividend payments are in 2024-07-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Universal Textile increase its dividend in 2024?
Decisions regarding Universal Textile dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Universal Textile dividend overview you can look into the above table of dividend history.
How Universal Textile dividend works?
The Universal Textile dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Universal Textile's dividend process works:
1. Determination of Dividend: Universal Textile'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 Textile 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 Textile 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 Textile 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.
How are Universal Textile dividends paid?
Universal Textile dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Universal Textile 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 Textile 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 Textile 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.
How many times does Universal Textile pay dividends?
Universal Textile typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Universal Textile pay dividends?
The general pattern is that Universal Textile pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Universal Textile dividend safe?
The safety of Universal Textile's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Universal Textile'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 Textile'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.