Tong Yang Industry Dividend
Dividend criteria checks 4/6
Tong Yang Industry is a dividend paying company with a current yield of 3.48% that is well covered by earnings. Next payment date is on 17th July, 2024 with an ex-dividend date of 20th June, 2024.
Key information
3.5%
Dividend yield
64%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 17 Jul 24 |
| Ex dividend date | 20 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | NT$6.26 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Tong Yang Industry (TWSE:1319) Is Increasing Its Dividend To NT$4.00
May 09
Do Tong Yang Industry's (TWSE:1319) Earnings Warrant Your Attention?
Apr 28Tong Yang Industry (TWSE:1319) Is Doing The Right Things To Multiply Its Share Price
Mar 31After Leaping 27% Tong Yang Industry Co., Ltd. (TWSE:1319) Shares Are Not Flying Under The Radar
Mar 12Tong Yang Industry Co., Ltd. (TWSE:1319) Shares Could Be 26% Below Their Intrinsic Value Estimate
Feb 29Is Tong Yang IndustryLtd (TPE:1319) Using Too Much Debt?
Apr 16Be Wary Of Tong Yang IndustryLtd (TPE:1319) And Its Returns On Capital
Mar 19Calculating The Fair Value Of Tong Yang Industry Co.,Ltd. (TPE:1319)
Mar 04Is Tong Yang Industry Co.,Ltd. (TPE:1319) A Smart Pick For Income Investors?
Feb 17How Much Did Tong Yang IndustryLtd's(TPE:1319) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 02
Are Poor Financial Prospects Dragging Down Tong Yang Industry Co.,Ltd. (TPE:1319 Stock?
Jan 18Tong Yang IndustryLtd (TPE:1319) Has A Pretty Healthy Balance Sheet
Jan 02Should You Be Worried About Tong Yang IndustryLtd's (TPE:1319) Returns On Capital?
Dec 18A Look At The Fair Value Of Tong Yang Industry Co.,Ltd. (TPE:1319)
Dec 03Three Things You Should Check Before Buying Tong Yang Industry Co.,Ltd. (TPE:1319) For Its Dividend
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1319's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1319's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tong Yang Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1319) | 3.5% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Auto Components) | 3.1% |
| Analyst forecast in 3 Years (1319) | 5.0% |
Notable Dividend: 1319's dividend (3.48%) is higher than the bottom 25% of dividend payers in the TW market (1.73%).
High Dividend: 1319's dividend (3.48%) is low compared to the top 25% of dividend payers in the TW market (4.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64%), 1319's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.8%), 1319's dividend payments are well covered by cash flows.