Ching Chan Optical Technology Dividend
Dividend criteria checks 3/6
Ching Chan Optical Technology is a dividend paying company with a current yield of 4.5% that is well covered by earnings.
Key information
4.5%
Dividend yield
67%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$2.25 |
| Dividend yield forecast in 3Y | n/a |
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 7 years.
Dividend Yield vs Market
| Ching Chan Optical Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2070) | 4.5% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Machinery) | 2.5% |
| Analyst forecast in 3 Years (2070) | n/a |
Notable Dividend: 2070's dividend (4.5%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 2070's dividend (4.5%) 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 (66.5%), 2070's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.3%), 2070's dividend payments are not well covered by cash flows.