Chiu Ting Machinery Dividend
Dividend criteria checks 3/6
Chiu Ting Machinery is a dividend paying company with a current yield of 2.47% that is well covered by earnings. Next payment date is on 20th September, 2024 with an ex-dividend date of 26th August, 2024.
Key information
2.5%
Dividend yield
36%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 20 Sep 24 |
| Ex dividend date | 26 Aug 24 |
| Dividend per share | NT$0.600 |
| Earnings per share | NT$1.66 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Chiu Ting Machinery's (TWSE:1539) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 11
Earnings Working Against Chiu Ting Machinery Co., Ltd.'s (TWSE:1539) Share Price
Aug 07Does It Make Sense To Buy Chiu Ting Machinery Co., Ltd. (TPE:1539) For Its Yield?
Mar 13Here's Why Chiu Ting Machinery (TPE:1539) Is Weighed Down By Its Debt Load
Feb 06What Do The Returns On Capital At Chiu Ting Machinery (TPE:1539) Tell Us?
Jan 02
Should You Buy Chiu Ting Machinery Co., Ltd. (TPE:1539) For Its 3.9% Dividend?
Nov 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1539 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1539 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Chiu Ting Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1539) | 2.5% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Machinery) | 2.6% |
| Analyst forecast in 3 Years (1539) | n/a |
Notable Dividend: 1539's dividend (2.47%) is higher than the bottom 25% of dividend payers in the TW market (1.73%).
High Dividend: 1539's dividend (2.47%) is low compared to the top 25% of dividend payers in the TW market (4.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 1539's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.5%), 1539's dividend payments are well covered by cash flows.