Ching Chan Optical Technology Dividend
Dividend criteria checks 2/6
Ching Chan Optical Technology is a dividend paying company with a current yield of 2.45% that is well covered by earnings.
Key information
2.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 12.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$2.000 |
| Payout ratio | 69% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2070 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2070's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Ching Chan Optical Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2070) | 2.5% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Machinery) | 2.4% |
| Analyst forecast (2070) (up to 3 years) | n/a |
Notable Dividend: 2070's dividend (2.45%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 2070's dividend (2.45%) is low compared to the top 25% of dividend payers in the TW market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.2%), 2070's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (240.7%), 2070's dividend payments are not well covered by cash flows.