Wei Chih Steel Industrial Co., Ltd. manufactures and sells steel products in Taiwan and internationally. It offers steel billets, plates, and bars, straight bar steel, rebar, special alloy steel, disks, and other steel products. The company was formerly known as Shih Wei Steel Co., Ltd. and changed its name to Wei Chih Steel Industrial Co., Ltd. in July 1989. The company was founded in 1971 is headquartered in Tainan City, Taiwan.
Wei Chih Steel Industrial Dividend Announcement
• Wei Chih Steel Industrial announced a semi annually dividend of NT$0.30 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-07-09 • Wei Chih Steel Industrial annual dividend for 2024 was NT$0.30 • Wei Chih Steel Industrial annual dividend for 2023 was NT$0.95 • Wei Chih Steel Industrial's trailing twelve-month (TTM) dividend yield is 3.46% • Wei Chih Steel Industrial's payout ratio for the trailing twelve months (TTM) is 92.69%
Wei Chih Steel Industrial current trailing twelve-month (TTM) dividend yield is 3.46%. Interested in purchasing Wei Chih Steel Industrial stock? Use our calculator to estimate your expected dividend yield:
Wei Chih Steel Industrial Financial Ratios
P/E ratio22.56
PEG ratio14.89
P/B ratio1.61
ROE7.41%
Payout ratio92.69%
Current ratio1.59
Quick ratio0.33
Cash Ratio0.09
Wei Chih Steel Industrial Dividend FAQ
How much is the next Wei Chih Steel Industrial dividend?
Wei Chih Steel Industrial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wei Chih Steel Industrial dividend. The next Wei Chih Steel Industrial dividend will be released in August, or December.
When is Wei Chih Steel Industrial dividend paid?
Wei Chih Steel Industrial pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August, and December. 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 Wei Chih Steel Industrial pay?
The specific amount of Wei Chih Steel Industrial 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 Wei Chih Steel Industrial's dividend history.
Does Wei Chih Steel Industrial stock pay dividends?
Yes, Wei Chih Steel Industrial 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 Wei Chih Steel Industrial's dividend history.
How much dividend does Wei Chih Steel Industrial pay?
Wei Chih Steel Industrial paid NT$0.3 in 2024, NT$0.95 in 2023, NT$3.353 in 2022, NT$0.0 in 2021, and NT$0.0 in 2020.
How often does Wei Chih Steel Industrial pay dividends?
Wei Chih Steel Industrial typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around August, and December.
What is Wei Chih Steel Industrial's dividend yield?
The current dividend yield for Wei Chih Steel Industrial is 3.46%. 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 Wei Chih Steel Industrial's exact dividend yield.
When does Wei Chih Steel Industrial go ex dividend?
Wei Chih Steel Industrial's ex-dividend date for the latest dividend was on 2024-07-09. Wei Chih Steel Industrial 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 Wei Chih Steel Industrial dividend paid?
Wei Chih Steel Industrial pays dividends on a semi annually basis, typically around August, or December, but the exact dates can vary each year.
Will Wei Chih Steel Industrial 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 Wei Chih Steel Industrial 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 Wei Chih Steel Industrial dividend per share?
Wei Chih Steel Industrial paid NT$0.3 per share in 2024 and NT$0.95 per share in 2023. The amount of dividend per share that Wei Chih Steel Industrial 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 Wei Chih Steel Industrial 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 Wei Chih Steel Industrial 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 Wei Chih Steel Industrial a dividend stock?
Yes, Wei Chih Steel Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wei Chih Steel Industrial a good dividend stock?
Whether Wei Chih Steel Industrial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wei Chih Steel Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Wei Chih Steel 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.
Does Wei Chih Steel Industrial pay dividends monthly?
Wei Chih Steel Industrial typically pays dividends on a semi annually basis.
Does Wei Chih Steel Industrial pay dividends quarterly?
Wei Chih Steel Industrial currently pays dividends on a semi annually basis.
Has Wei Chih Steel Industrial ever paid a dividend?
Yes, Wei Chih Steel Industrial has a history of paying dividends to its shareholders. Wei Chih Steel Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wei Chih Steel Industrial dividend stocks?
To buy Wei Chih Steel Industrial 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 Wei Chih Steel Industrial 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 Wei Chih Steel Industrial pay dividends 2024?
Wei Chih Steel Industrial pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-02. 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 Wei Chih Steel Industrial increase its dividend in 2024?
Decisions regarding Wei Chih Steel Industrial 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 Wei Chih Steel Industrial dividend overview you can look into the above table of dividend history.
How Wei Chih Steel Industrial dividend works?
The Wei Chih Steel Industrial 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 Wei Chih Steel Industrial's dividend process works:
1. Determination of Dividend: Wei Chih Steel 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, Wei Chih Steel 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, Wei Chih Steel 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 Wei Chih Steel 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.
How are Wei Chih Steel Industrial dividends paid?
Wei Chih Steel Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Wei Chih Steel 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, Wei Chih Steel 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: Wei Chih Steel 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.
How many times does Wei Chih Steel Industrial pay dividends?
Wei Chih Steel Industrial typically pays dividends on a semi 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 Wei Chih Steel Industrial pay dividends?
The general pattern is that Wei Chih Steel Industrial pays dividends around August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Wei Chih Steel Industrial dividend safe?
The safety of Wei Chih Steel Industrial'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 Wei Chih Steel 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 Wei Chih Steel 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.