GlobalWafers Dividend
Dividend criteria checks 2/6
GlobalWafers is a dividend paying company with a current yield of 4.2% that is well covered by earnings.
Key information
4.2%
Dividend yield
30%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.585 |
| Earnings per share | US$34.29 |
| Dividend yield forecast | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLOBW has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GLOBW's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| GlobalWafers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLOBW) | 4.2% |
| Market Bottom 25% (LU) | 0% |
| Market Top 25% (LU) | 0% |
| Industry Average (Semiconductor) | 0% |
| Analyst forecast (GLOBW) (up to 3 years) | 5.1% |
Notable Dividend: GLOBW's dividend (4.2%) is higher than the bottom 25% of dividend payers in the Luxembourg market (3.1%).
High Dividend: GLOBW's dividend (4.2%) is low compared to the top 25% of dividend payers in the Luxembourg market (10.93%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), GLOBW's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GLOBW is paying a dividend but the company has no free cash flows.