Is the Ta Chen Stainless Pipe Co Dividend Safe?
Ta Chen Stainless Pipe Co has been increasing the dividend for 3 years.
Over the past 10 years, Ta Chen Stainless Pipe Co has increased it by an annual 28.749 %.
Over a five-year period, the distribution increased by 31.851%.
Analysts expect a Dividend Increase of 5.264% for the current fiscal year.
Ta Chen Stainless Pipe Co Aktienanalyse
What does Ta Chen Stainless Pipe Co do?
Ta Chen Stainless Pipe Co Ltd is a leading Taiwanese manufacturer of stainless steel pipes and sheets. The company originated from Ta Chen International Inc., which was established in 1982 and specialized in the trading of metal products.
Over the years, Ta Chen has focused on the production of stainless steel products and opened its first manufacturing facility in Taiwan in 1997. The company has since invested heavily in technology and manufacturing to produce high-quality stainless steel products that meet the needs of its customers.
Ta Chen's business model is based on the production and distribution of stainless steel pipes, sheets, strips, and assembly components for various industries such as chemicals, oil and gas, food, marine, and construction. The products are distributed worldwide and comply with international standards such as ASTM, ASME, EN, and JIS.
The company has multiple production facilities in Taiwan, China, and the USA to meet the growing demand of its customers. Currently, the production capacity is over 100,000 tons per year.
Ta Chen Stainless Pipe Co Ltd offers a wide range of products that cater to the needs of different industries. The pipes are manufactured in various sizes, thicknesses, and lengths, and can be seamless or welded. The sheets are produced in different sizes and thicknesses, and can be customized to meet specific requirements.
Another important sector is the assembly components such as flanges, fittings, and valves, which can be tailored to the specific requirements of customers. Ta Chen's production locations specialize in manufacturing high-pressure and high-temperature components that meet the most demanding requirements in the oil and gas industry and petrochemical industry.
Ta Chen has also specialized in the market for specialty alloys, including nickel alloys, titanium, and zirconium. These specialized products are used in the aerospace industry, chemical industry, and medical technology.
In 2015, Ta Chen acquired Acier Century Inc., a Canadian company specializing in the production of stainless steel products. This allowed the company to expand its product portfolio and strengthen its presence in the North American market.
Ta Chen Stainless Pipe Co Ltd is a leading manufacturer of stainless steel products with a wide range of products that meet the needs of various industries. The company has invested heavily in technology and manufacturing in recent years to produce high-quality stainless steel products that meet the most demanding requirements. With its production facilities in Taiwan, China, the USA, and Canada, Ta Chen is well-positioned to meet the growing demand of its customers worldwide. Ta Chen Stainless Pipe Co is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.