YC Inox Co.,Ltd Announces 2021 Cash Dividend Payout Ratio Adjustment
September 16, 2021 at 01:34 am
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YC Inox Co.,Ltd announced 2021 cash dividend payout ratio adjustment. The original cash dividend distribution for common shares of TWD 1.47545132 per share. After the change cash dividend distribution for common shares of TWD 1.47501729 per share. Reason for the change: Because the number of outstanding shares is changed due to conversion of the 3rd domestic unsecured convertible corporate bonds, the cash dividend payout ratio has correspondingly.
YC Inox Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of stainless steel products. The Companyâs primary products include stainless steel industrial pipes, stainless steel structure pipes, stainless steel thin plates, stainless steel thick plates, stainless steel angle products, stainless steel flat-rolled products and stainless steel channel section products. Its products are mainly applied in chemical, construction, food, environment protection, as well as fire fighting and telecommunication industries. The Company mainly distributes its products within domestic market and to overseas markets.