Ching Chan Optical Technology Dividends and Buybacks
Dividend criteria checks 3/6
Ching Chan Optical Technology is a dividend paying company with a current yield of 2.67% that is well covered by earnings.
Key information
2.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 12.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$2.000 |
| Payout ratio | 42% |
Recent dividend and buyback 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) | 2.7% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Machinery) | 2.5% |
| Analyst forecast (2070) (up to 3 years) | n/a |
Notable Dividend: 2070's dividend (2.67%) is higher than the bottom 25% of dividend payers in the TW market (1.74%).
High Dividend: 2070's dividend (2.67%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.2%), 2070's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51%), 2070's dividend payments are covered by cash flows.