Sinmag Equipment Dividends and Buybacks
Dividend criteria checks 5/6
Sinmag Equipment is a dividend paying company with a current yield of 6.14% that is well covered by earnings.
Key information
6.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$9.000 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Read This Before Buying Sinmag Equipment Corporation (GTSM:1580) For Its Dividend
Apr 10
Sinmag Equipment (GTSM:1580) May Have Issues Allocating Its Capital
Mar 23Has Sinmag Equipment Corporation's (GTSM:1580) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 08Is Sinmag Equipment (GTSM:1580) Using Too Much Debt?
Feb 18Calculating The Intrinsic Value Of Sinmag Equipment Corporation (GTSM:1580)
Feb 03Would Shareholders Who Purchased Sinmag Equipment's (GTSM:1580) Stock Three Years Be Happy With The Share price Today?
Jan 16Is Sinmag Equipment Corporation's (GTSM:1580) 5.9% Dividend Sustainable?
Jan 01
Here's What We Make Of Sinmag Equipment's (GTSM:1580) Returns On Capital
Dec 17Sinmag Equipment Corporation's (GTSM:1580) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1580's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1580's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sinmag Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1580) | 6.1% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Machinery) | 2.5% |
| Analyst forecast (1580) (up to 3 years) | n/a |
Notable Dividend: 1580's dividend (6.14%) is higher than the bottom 25% of dividend payers in the TW market (1.74%).
High Dividend: 1580's dividend (6.14%) is in the top 25% of dividend payers in the TW market (4.48%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.5%), 1580's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.8%), 1580's dividend payments are covered by cash flows.