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Test Rite International Co Stock

Test Rite International Co Dividend 2024

Test Rite International Co Dividend

1.28 TWD

Test Rite International Co Dividend yield

6.24 %

Ticker

2908.TW

ISIN

TW0002908001

How much dividend does Test Rite International Co 2024 pay?

According to the latest status from August 2024, Test Rite International Co paid a total of 1.28 TWD per share in dividends within the last 12 months. With the current Test Rite International Co price of 20.5 TWD, this corresponds to a dividend yield of 6.24 %. A dividend is paid times per year.

6.24 % Dividend Yield=
1.28 TWD Dividend
20.5 TWD Stock Price

Historical Test Rite International Co Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
7/13/20240.58
7/15/20231.28
7/15/20221.28
8/5/20211.07
8/14/20200.71
8/16/20190.71
8/16/20181.2
8/17/20171.03
8/18/20160.95
8/13/20151.13
8/9/20141
8/10/20131.08
8/18/20120.81
9/10/20110.67
8/20/20100.26
9/12/20090.34
9/11/20080.99
11/2/20070.84
9/4/20061.12
9/16/20051.79
1
2

Test Rite International Co dividend history and estimates

In 2023, Test Rite International Co paid a dividend amounting to 1.28 TWD. Dividend means that Test Rite International Co distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Test Rite International Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Test Rite International Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Test Rite International Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Test Rite International Co Dividend History

DateTest Rite International Co Dividend
20231.28 undefined
20221.28 undefined
20211.07 undefined
20200.71 undefined
20190.71 undefined
20181.2 undefined
20171.03 undefined
20160.95 undefined
20151.13 undefined
20141 undefined
20131.08 undefined
20120.79 undefined
20110.65 undefined
20100.25 undefined
20090.33 undefined
20080.95 undefined
20070.78 undefined
20061.04 undefined
20051.58 undefined
20040.43 undefined

Is the Test Rite International Co Dividend Safe?

Test Rite International Co has been increasing the dividend for 3 years.

Over the past 10 years, Test Rite International Co has increased it by an annual 1.714 %.

Over a five-year period, the distribution increased by 1.299%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Test Rite International Co dividend payout ratio

In 2023, Test Rite International Co had a payout ratio of 87.11%. The payout ratio indicates the percentage of the company's profits that Test Rite International Co distributes as dividends.

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Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Test Rite International Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Test Rite International Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Test Rite International Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Test Rite International Co Payout Ratio History

DateTest Rite International Co Payout ratio
202387.11 %
2022149.05 %
202167.81 %
202044.48 %
2019357.45 %
2018150.58 %
201763.87 %
201671.71 %
201585.76 %
201470.67 %
201383.08 %
201256.57 %
201152.87 %
201026 %
2009111.5 %
2008152.6 %
200762.33 %
2006111.3 %
200596.4 %
200423.56 %

Dividend Details

Understanding Test Rite International Co's Dividend Distributions

Test Rite International Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Test Rite International Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Test Rite International Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Test Rite International Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Test Rite International Co Aktienanalyse

What does Test Rite International Co do?

Test Rite International Co Ltd is a Taiwanese company that has evolved into a global corporation with numerous product divisions since its establishment in 1981. The company primarily focuses on the manufacturing and distribution of consumer goods, including household items, electronic products, as well as hardware and garden supplies. Test Rite's headquarters is located in Taipei, Taiwan. History of the company Test Rite was founded in 1981 by James Wu and initially started as a small importer of goods such as tools, hardware, and DIY supplies. The company rapidly expanded in the 1990s and was able to increase its revenue through the transition to private labels and the introduction of new products. It has since become one of Taiwan's leading companies, operating globally. Business model Test Rite's business concept is based on an efficient and transparent value chain that is focused on the utilization of cutting-edge technologies and services. An important success factor is the extensive network of production facilities in Asia that enables the company to operate cost-effectively. Company divisions Test Rite operates in a variety of sectors, including household items, hardware and garden supplies, electronics, and toys. The various divisions are marketed under different brand names such as Bonny, Simplicity, Style Selections, and Garden Oasis. Each brand is targeted towards a specific market and has its own identity and target audience. Products by Test Rite Test Rite offers a wide range of consumer goods, including household items such as tableware, kitchen utensils, chopping boards, irons, vacuum cleaners, and many more products. The hardware and garden supplies brand, Garden Oasis, offers products such as outdoor furniture, umbrellas, grills, and outdoor lighting. The electronics division includes brands such as Durabrand, Emerson, and Magnavox, offering television sets, DVD players, and other entertainment electronics. The toy brand, Simplicity, offers toys for children of all ages. Conclusion Test Rite International Co Ltd has become a significant player in the consumer goods industry. The wide range of products marketed under different brand names, as well as the variety of divisions offered, make Test Rite an important participant in the global markets. The company follows an innovative business concept that emphasizes cost-efficiency, modern technologies, and transparency, which is likely to ensure its continued success in the future. Test Rite International Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Test Rite International Co stock

How much dividend does Test Rite International Co pay?

Over the past 12 months, Test Rite International Co paid a dividend of 1.28 TWD . This corresponds to a dividend yield of about 6.24 %. For the coming 12 months, Test Rite International Co is expected to pay a dividend of 1.28 TWD.

What is the dividend yield of Test Rite International Co?

The current dividend yield of Test Rite International Co is 6.24 %.

When does Test Rite International Co pay dividends?

Test Rite International Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Test Rite International Co?

Test Rite International Co paid dividends every year for the past 20 years.

What is the dividend of Test Rite International Co?

For the upcoming 12 months, dividends amounting to 1.28 TWD are expected. This corresponds to a dividend yield of 6.24 %.

In which sector is Test Rite International Co located?

Test Rite International Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Test Rite International Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Test Rite International Co from 7/5/2024 amounting to 0.583 TWD, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Test Rite International Co pay the last dividend?

The last dividend was paid out on 7/5/2024.

What was the dividend of Test Rite International Co in the year 2023?

In the year 2023, Test Rite International Co distributed 1.28 TWD as dividends.

In which currency does Test Rite International Co pay out the dividend?

The dividends of Test Rite International Co are distributed in TWD.

Andere Kennzahlen von Test Rite International Co

Our stock analysis for Test Rite International Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Test Rite International Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.