Zeng Hsing Industrial Co., Ltd., together with its subsidiaries, manufactures and sells household sewing machines and related parts, vacuum cleaners and related parts, and aluminum alloy die-castings in Taiwan. The company provides mechanical, computerized, combo, and overlock series sewing machines, as well as accessories. It also exports and imports its products. The company was formerly known as Shin Shing Sewing Machines Co. and changed its name to Zeng Hsing Industrial Co., Ltd. in January 1975. Zeng Hsing Industrial Co., Ltd. was incorporated in 1968 and is headquartered in Taichung, Taiwan.
Zeng Hsing Industrial Dividend Announcement
• Zeng Hsing Industrial announced a annually dividend of NT$3.80 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-01
• Zeng Hsing Industrial annual dividend for 2024 was NT$3.80
• Zeng Hsing Industrial annual dividend for 2023 was NT$5.50
• Zeng Hsing Industrial's trailing twelve-month (TTM) dividend yield is 3.55%
• Zeng Hsing Industrial's dividend growth over the last five years (2018-2023) was -8.34% year
• Zeng Hsing Industrial's dividend growth over the last ten years (2013-2023) was -2.37% year
Zeng Hsing Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | NT$3.80 | annually | 2024-09-05 |
2023-07-21 | NT$5.50 | annually | 2023-08-25 |
2022-07-28 | NT$8.50 | annually | 2022-09-02 |
2021-08-20 | NT$9.50 | annually | 2021-09-17 |
2020-07-01 | NT$8.80 | annually | 2020-08-04 |
2019-07-04 | NT$11.00 | annually | 2019-08-08 |
2018-07-09 | NT$8.50 | annually | 2018-08-10 |
2017-07-04 | NT$9.50 | annually | 2017-08-07 |
2016-07-01 | NT$9.50 | annually | |
2015-07-14 | NT$9.00 | annually | |
2014-07-08 | NT$9.00 | annually | |
2013-07-23 | NT$6.99 | annually |
Zeng Hsing Industrial Dividend per year
Zeng Hsing Industrial Dividend growth
Zeng Hsing Industrial Dividend Yield
Zeng Hsing Industrial current trailing twelve-month (TTM) dividend yield is 3.55%. Interested in purchasing Zeng Hsing Industrial stock? Use our calculator to estimate your expected dividend yield:
Zeng Hsing Industrial Financial Ratios
Zeng Hsing Industrial Dividend FAQ
Other factors to consider when evaluating Zeng Hsing 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: Zeng Hsing 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, Zeng Hsing 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, Zeng Hsing 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 Zeng Hsing 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: Zeng Hsing 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, Zeng Hsing 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: Zeng Hsing 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 Zeng Hsing 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 Zeng Hsing 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.