Goodway Machine Dividend
Dividend criteria checks 5/6
Goodway Machine is a dividend paying company with a current yield of 5.84% that is well covered by earnings. Next payment date is on 6th September, 2024 with an ex-dividend date of 15th August, 2024.
Key information
5.8%
Dividend yield
72%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | 06 Sep 24 |
Ex dividend date | 15 Aug 24 |
Dividend per share | NT$4.000 |
Earnings per share | NT$5.58 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00
Aug 13Goodway Machine's (TWSE:1583) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 27Goodway Machine's (TWSE:1583) Dividend Will Be Increased To NT$4.00
Jul 12Recent updates
Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00
Aug 13Goodway Machine's (TWSE:1583) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 27Goodway Machine's (TWSE:1583) Dividend Will Be Increased To NT$4.00
Jul 12We Think That There Are Some Issues For Goodway Machine (TWSE:1583) Beyond Its Promising Earnings
Mar 21Goodway Machine's (TPE:1583) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 06Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Mar 22How Does Goodway Machine Corp. (TPE:1583) Fare As A Dividend Stock?
Mar 07Goodway Machine Corp. (TPE:1583) On An Uptrend: Could Fundamentals Be Driving The Stock?
Feb 17What Percentage Of Goodway Machine Corp. (TPE:1583) Shares Do Insiders Own?
Feb 03Here's Why We Don't Think Goodway Machine's (TPE:1583) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 21Shareholders Of Goodway Machine (TPE:1583) Must Be Happy With Their 33% Return
Jan 07Here's What's Concerning About Goodway Machine (TPE:1583)
Dec 25Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Nov 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1583's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1583's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Goodway Machine Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (1583) | 5.8% |
Market Bottom 25% (TW) | 1.8% |
Market Top 25% (TW) | 4.4% |
Industry Average (Machinery) | 2.6% |
Analyst forecast in 3 Years (1583) | n/a |
Notable Dividend: 1583's dividend (5.84%) is higher than the bottom 25% of dividend payers in the TW market (1.77%).
High Dividend: 1583's dividend (5.84%) is in the top 25% of dividend payers in the TW market (4.44%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.7%), 1583's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.1%), 1583's dividend payments are covered by cash flows.