Chen Nan Iron WireLtd Dividend
Dividend criteria checks 3/6
Chen Nan Iron WireLtd is a dividend paying company with a current yield of 5.22% that is well covered by earnings.
Key information
5.2%
Dividend yield
34%
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$4.07 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2071 has been paying a dividend for less than 10 years.
Growing Dividend: 2071's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Chen Nan Iron WireLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2071) | 5.2% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Machinery) | 2.5% |
| Analyst forecast in 3 Years (2071) | n/a |
Notable Dividend: 2071's dividend (5.22%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 2071's dividend (5.22%) is in the top 25% of dividend payers in the TW market (4.48%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.4%), 2071's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 2071's cash payout ratio to determine if its dividend payments are covered by cash flows.