Wah Hong Industrial Corp. engages in the development, production, and sale of composite materials and advanced plastic compounds in Taiwan and internationally. It offers optical films, including diffusion, reflection, prism, quantum dot, polarizing, and multi-functional prism films; diffusion and guide plates; and touch panel materials. The company also offers precise coating products, such as protective films, screen protectors, anti-shatter films, and hard coating films, as well as OEM/ODM coating services. In addition, it offers bulk and precise molding compounds, functional engineering plastics, composite materials, and dry BMCs and DAP pellets; and thermal materials that include high thermal conductivity composite materials, multi-function heat dissipation metallic materials, and customized thermal graphite products. Further, the company offers CMP products comprising guide and retainer rings for semiconductor manufacturing. Its products are used in sporting goods, automobile, communication, and electronics industries. The company was formerly known as Wah Hong Chemical Corp. and changed its name to Wah Hong Industrial Corp. in 1997. Wah Hong Industrial Corp. was incorporated in 1973 and is headquartered in Kaohsiung, Taiwan.
Wah Hong Industrial Dividend Announcement
• Wah Hong Industrial announced a annually dividend of NT$1.50 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-06-27
• Wah Hong Industrial annual dividend for 2024 was NT$1.50
• Wah Hong Industrial annual dividend for 2023 was NT$1.50
• Wah Hong Industrial's trailing twelve-month (TTM) dividend yield is 3.45%
• Wah Hong Industrial's payout ratio for the trailing twelve months (TTM) is 61.99%
Wah Hong Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | NT$1.50 | annually | 2024-07-29 |
2023-07-06 | NT$1.50 | annually | 2023-07-28 |
2022-06-16 | NT$2.50 | annually | 2022-07-13 |
2021-08-23 | NT$1.60 | annually | 2021-09-10 |
2020-07-09 | NT$1.30 | annually | 2020-08-05 |
2019-07-09 | NT$0.85 | annually | 2019-08-02 |
2016-07-12 | NT$0.50 | annually | |
2015-07-14 | NT$1.20 | annually | |
2014-07-21 | NT$1.00 | annually | |
2013-07-11 | NT$1.50 | annually | |
2012-07-10 | NT$2.66 | annually | |
2011-07-20 | NT$3.12 | annually |
Wah Hong Industrial Dividend per year
Wah Hong Industrial Dividend growth
Wah Hong Industrial Dividend Yield
Wah Hong Industrial current trailing twelve-month (TTM) dividend yield is 3.45%. Interested in purchasing Wah Hong Industrial stock? Use our calculator to estimate your expected dividend yield:
Wah Hong Industrial Financial Ratios
Wah Hong Industrial Dividend FAQ
Other factors to consider when evaluating Wah Hong Industrial 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: Wah Hong Industrial'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, Wah Hong Industrial 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, Wah Hong Industrial 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 Wah Hong Industrial 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: Wah Hong Industrial 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, Wah Hong Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wah Hong Industrial 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 Wah Hong Industrial'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 Wah Hong Industrial'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.