Well Shin Technology Co., Ltd. develops and sells household power cords in Taiwan and internationally. It offers locking cords, AC power cord sets, AC/DC adapter kits, and AC sockets. The company also provides AC plugs and connectors, AC plug and connector assemblies, adapters, sockets, power strips, AC/DC power chargers, hardware and terminal products, PVC and rubber wires and cables, halogen free cables, electric vehicle cables, and connectors. The company offers its products under the Smartbears, PLUGO, and Conntek brand names. It also sells its products online. The company was formerly known as Well Shin Enterprise Co., Ltd. and changed its name to Well Shin Technology Co., Ltd. in 2002. Well Shin Technology Co., Ltd. was founded in 1986 and is headquartered in Taipei City, Taiwan.
Well Shin Technology Dividend Announcement
• Well Shin Technology announced a annually dividend of NT$3.00 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-23
• Well Shin Technology annual dividend for 2024 was NT$3.00
• Well Shin Technology annual dividend for 2023 was NT$4.00
• Well Shin Technology's trailing twelve-month (TTM) dividend yield is 4.83%
• Well Shin Technology's payout ratio for the trailing twelve months (TTM) is 73.67%
• Well Shin Technology's dividend growth over the last five years (2018-2023) was 4.56% year
• Well Shin Technology's dividend growth over the last ten years (2013-2023) was 2.26% year
Well Shin Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-23 | NT$3.00 | annually | 2024-08-16 |
2023-07-25 | NT$4.00 | annually | 2023-08-18 |
2022-08-01 | NT$2.00 | annually | 2022-08-26 |
2021-08-02 | NT$2.50 | annually | 2021-08-27 |
2020-07-31 | NT$3.00 | annually | 2020-08-28 |
2019-07-31 | NT$3.50 | annually | 2019-08-28 |
2018-07-26 | NT$3.20 | annually | 2018-08-28 |
2017-07-27 | NT$4.00 | annually | 2017-08-30 |
2016-08-03 | NT$4.00 | annually | |
2015-07-28 | NT$2.60 | annually | |
2014-07-24 | NT$3.00 | annually | |
2013-07-10 | NT$3.20 | annually |
Well Shin Technology Dividend per year
Well Shin Technology Dividend growth
Well Shin Technology Dividend Yield
Well Shin Technology current trailing twelve-month (TTM) dividend yield is 4.83%. Interested in purchasing Well Shin Technology stock? Use our calculator to estimate your expected dividend yield:
Well Shin Technology Financial Ratios
Well Shin Technology Dividend FAQ
Other factors to consider when evaluating Well Shin Technology 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: Well Shin Technology'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, Well Shin Technology 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, Well Shin Technology 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 Well Shin Technology 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: Well Shin Technology 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, Well Shin Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Well Shin Technology 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 Well Shin Technology'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 Well Shin Technology'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.