Kenda Rubber Industrial Co. Ltd.

TWSE:2106 Stock Report

Market Cap: NT$25.6b

Kenda Rubber Industrial Dividends and Buybacks

Dividend criteria checks 3/6

Kenda Rubber Industrial is a dividend paying company with a current yield of 3.73% that is well covered by earnings.

Key information

3.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield3.7%
Dividend Growth-3.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$1.000
Payout ratio65%

Recent dividend and buyback updates

Recent updates

Kenda Rubber Industrial (TWSE:2106) Is Looking To Continue Growing Its Returns On Capital

Apr 15
Kenda Rubber Industrial (TWSE:2106) Is Looking To Continue Growing Its Returns On Capital

We Like Kenda Rubber Industrial's (TWSE:2106) Earnings For More Than Just Statutory Profit

Mar 22
We Like Kenda Rubber Industrial's (TWSE:2106) Earnings For More Than Just Statutory Profit

Capital Allocation Trends At Kenda Rubber Industrial (TPE:2106) Aren't Ideal

Apr 12
Capital Allocation Trends At Kenda Rubber Industrial (TPE:2106) Aren't Ideal

Does Kenda Rubber Industrial (TPE:2106) Have A Healthy Balance Sheet?

Feb 04
Does Kenda Rubber Industrial (TPE:2106) Have A Healthy Balance Sheet?

Is Kenda Rubber Industrial Co. Ltd.'s (TPE:2106) Recent Performancer Underpinned By Weak Financials?

Jan 20
Is Kenda Rubber Industrial Co. Ltd.'s (TPE:2106) Recent Performancer Underpinned By Weak Financials?

Is Kenda Rubber Industrial (TPE:2106) Set To Make A Turnaround?

Jan 07
Is Kenda Rubber Industrial (TPE:2106) Set To Make A Turnaround?

Kenda Rubber Industrial's (TPE:2106) Stock Price Has Reduced 25% In The Past Five Years

Dec 25
Kenda Rubber Industrial's (TPE:2106) Stock Price Has Reduced 25% In The Past Five Years

Are Kenda Rubber Industrial's (TPE:2106) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 10
Are Kenda Rubber Industrial's (TPE:2106) Statutory Earnings A Good Guide To Its Underlying Profitability?

A Look At The Intrinsic Value Of Kenda Rubber Industrial Co. Ltd. (TPE:2106)

Nov 25
A Look At The Intrinsic Value Of Kenda Rubber Industrial Co. Ltd. (TPE:2106)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2106's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2106's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Kenda Rubber Industrial Dividend Yield vs Market
How does 2106 dividend yield compare to the market?
SegmentDividend Yield
Company (2106)3.7%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.5%
Industry Average (Auto Components)3.4%
Analyst forecast (2106) (up to 3 years)3.7%

Notable Dividend: 2106's dividend (3.73%) is higher than the bottom 25% of dividend payers in the TW market (1.75%).

High Dividend: 2106's dividend (3.73%) is low compared to the top 25% of dividend payers in the TW market (4.5%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.5%), 2106's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45.2%), 2106's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 11:18
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kenda Rubber Industrial Co. Ltd. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jianzhang SuE.Sun Securities Investment Consulting Co. Ltd.
Willy ChenGoldman Sachs
Jingjun LiaoGrand Cathay Securities Corporation