Taiwan Steel Union dividend yield – Taiwan Steel Union Co Ltd Announces 6.5 Cash Dividend.

Dividends Yield

Taiwan Steel Union ($TWSE:6581) Co Ltd has recently announced a 6.5 cash dividend on March 1 2023. This comes as a welcome announcement to investors of the company, as the average dividend yield between 2020 and 2022 was 4.39%. During this period, the annual dividend per share of the company stood at 4.0, 3.0 and 2.6 TWD respectively. The announcement of this cash dividend marks a considerable jump from the average dividend yield, making it an attractive option for investors who are looking for dividend stocks. Further, the ex-dividend date for this dividend is set for March 30 2023.

This gives investors plenty of time to make an informed decision on whether or not to invest in TAIWAN STEEL UNION. Overall, TAIWAN STEEL UNION is a viable option for those who are looking to gain returns through dividend investments. With an ex-dividend date set for March 30 2023 and the 6.5 cash dividend, investors would be wise to consider their investment opportunities in the company.

Stock Price

The stock opened at NT$104.5 and closed at NT$107.5, resulting in a 2.9% increase from the previous closing price. The dividend amount is 6.5 cash per share and will be distributed to shareholders by Taipei Fubon Bank Co Ltd. The stock split is intended to increase liquidity and facilitate shareholder transactions. Overall, the announcement of the 6.5 cash dividend appears to have been well-received by investors, with the stock rising 2.9% from the closing price on Wednesday. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Taiwan Steel Union. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Taiwan Steel Union. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Taiwan Steel Union. More…

Key Ratios Snapshot

Some of the financial key ratios for Taiwan Steel Union are shown below. More…

Analysis – Taiwan Steel Union Stock Intrinsic Value

At GoodWhale, we have taken a deep dive into the financials of TAIWAN STEEL UNION and are pleased to share our findings with you. Our proprietary Valuation Line has calculated that the fair value of TAIWAN STEEL UNION’s share is around NT$108.1. We are delighted to report that the stock is currently trading at NT$107.5, a fair price. This means that now may be an excellent time to invest in TAIWAN STEEL UNION, as you can purchase their stock at a price that is reflective of its true worth. More…

Peers

The competition between Taiwan Steel Union Co Ltd and its competitors, Green Envirotech Holdings Corp, Scandinavian Enviro Systems AB, and Shanghai Conglin Environmental Protection Technology Co Ltd, is fierce. All four companies have a vested interest in the steel industry and are striving to stay ahead of the competition by producing innovative products and services. As each company works to gain a competitive edge, the competition between them continues to heat up.

– Green Envirotech Holdings Corp ($OTCPK:GETH)

Green Envirotech Holdings Corp is an environmental technology company with a focus on water management solutions. The company has a market cap of 314 as of 2023, indicating a strong presence in the market and a positive outlook for the future. This is further evidenced by its impressive return on equity (ROE) of 22.57%, showing that the company is able to effectively utilize its assets to generate returns for shareholders. With a focus on sustainable solutions, Green Envirotech Holdings Corp is well-positioned to capitalize on environmental trends and deliver long-term value for its shareholders.

– Scandinavian Enviro Systems AB ($BER:1HR)

Scandinavian Enviro Systems AB is a Swedish-based company that specializes in waste management and energy services. The company has a market capitalization of 83.82 million as of 2023, making it one of the most valuable companies in Scandinavia. Its return on equity is -26.77%, which is lower than most of its peers. This suggests that the company is not utilizing its assets as effectively as its competitors, and may need to improve its business operations in order to generate higher returns. Scandinavian Enviro Systems AB is active in a number of countries, aiming to reduce waste and increase energy efficiency, with a focus on renewable energy sources.

– Shanghai Conglin Environmental Protection Technology Co Ltd ($SHSE:688370)

Shanghai Conglin Environmental Protection Technology Co Ltd is a Chinese-based company that specializes in environmental protection services. With a market cap of 4.04B as of 2023, the company is currently valued in the billions, showing their success and reach in the industry. Additionally, their Return on Equity of 6.82% speaks to the company’s ability to have a successful business model and generate income efficiently. Overall, Shanghai Conglin Environmental Protection Technology Co Ltd is a successful and profitable business with great potential for future growth.

Summary

Investing in Taiwan Steel Union offers a stable dividend yield of around 4.39%, with a consistent payout of 4.0 TWD, 3.0 TWD, and 2.6 TWD per share for the years 2020, 2021 and 2022, respectively. The company has relatively low volatility, making it a good choice for long term investors. The company has a strong track record of dividend payments over the past few years, providing a reliable source of income for shareholders.

Furthermore, the company is well-positioned in the industry with strong financials and attractive valuation metrics. Investing in Taiwan Steel Union provides a steady stream of income and potential capital appreciation in the long run.