China Wire & Cable Dividend
Dividend criteria checks 2/6
China Wire & Cable is a dividend paying company with a current yield of 3.12% that is well covered by earnings. Next payment date is on 20th September, 2024 with an ex-dividend date of 28th August, 2024.
Key information
3.1%
Dividend yield
43%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 20 Sep 24 |
| Ex dividend date | 28 Aug 24 |
| Dividend per share | NT$1.300 |
| Earnings per share | NT$3.05 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
China Wire & Cable's (TWSE:1603) Upcoming Dividend Will Be Larger Than Last Year's
Aug 15
Investors Don't See Light At End Of China Wire & Cable Co., Ltd.'s (TWSE:1603) Tunnel
Aug 07Returns Are Gaining Momentum At China Wire & Cable (TWSE:1603)
Apr 18China Wire & Cable Co., Ltd.'s (TWSE:1603) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Mar 27Return Trends At China Wire & Cable (TPE:1603) Aren't Appealing
Apr 12Did You Participate In Any Of China Wire & Cable's (TPE:1603) Fantastic 111% Return ?
Mar 09What Kind Of Shareholders Hold The Majority In China Wire & Cable Co., Ltd.'s (TPE:1603) Shares?
Feb 22Is China Wire & Cable Co., Ltd. (TPE:1603) The Right Choice For A Smart Dividend Investor?
Feb 09Is China Wire & Cable (TPE:1603) A Risky Investment?
Jan 27Will China Wire & Cable's (TPE:1603) Growth In ROCE Persist?
Jan 12
Should You Be Adding China Wire & Cable (TPE:1603) To Your Watchlist Today?
Dec 29Should You Rely On China Wire & Cable's (TPE:1603) Earnings Growth?
Dec 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1603 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1603's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| China Wire & Cable Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1603) | 3.1% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Electrical) | 2.4% |
| Analyst forecast in 3 Years (1603) | n/a |
Notable Dividend: 1603's dividend (3.12%) is higher than the bottom 25% of dividend payers in the TW market (1.7%).
High Dividend: 1603's dividend (3.12%) is low compared to the top 25% of dividend payers in the TW market (4.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), 1603's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (197.3%), 1603's dividend payments are not well covered by cash flows.