Jung Shing Wire Co., Ltd.

TWSE:1617 Stock Report

Market Cap: NT$3.9b

Jung Shing Wire Dividend

Dividend criteria checks 2/6

Jung Shing Wire is a dividend paying company with a current yield of 1.2% that is well covered by earnings.

Key information

1.2%

Dividend yield

90%

Payout ratio

Industry average yield2.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$0.093
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

There's No Escaping Jung Shing Wire Co., Ltd.'s (TWSE:1617) Muted Revenues Despite A 25% Share Price Rise

Apr 15
There's No Escaping Jung Shing Wire Co., Ltd.'s (TWSE:1617) Muted Revenues Despite A 25% Share Price Rise

Is Jung Shing Wire (TPE:1617) A Risky Investment?

Apr 04
Is Jung Shing Wire (TPE:1617) A Risky Investment?

Can Jung Shing Wire (TPE:1617) Continue To Grow Its Returns On Capital?

Mar 17
Can Jung Shing Wire (TPE:1617) Continue To Grow Its Returns On Capital?

Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Is Going Strong: Have Financials A Role To Play?

Feb 27
Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Is Going Strong: Have Financials A Role To Play?

Is Jung Shing Wire Co., Ltd. (TPE:1617) An Attractive Dividend Stock?

Feb 09
Is Jung Shing Wire Co., Ltd. (TPE:1617) An Attractive Dividend Stock?

Shareholders Of Jung Shing Wire (TPE:1617) Must Be Happy With Their 166% Total Return

Jan 22
Shareholders Of Jung Shing Wire (TPE:1617) Must Be Happy With Their 166% Total Return

Jung Shing Wire (TPE:1617) Could Easily Take On More Debt

Jan 04
Jung Shing Wire (TPE:1617) Could Easily Take On More Debt

What We Make Of Jung Shing Wire's (TPE:1617) Returns On Capital

Dec 17
What We Make Of Jung Shing Wire's (TPE:1617) Returns On Capital

Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Nov 29
Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1617 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1617 has only been paying a dividend for 9 years, and since then payments have not increased.


Dividend Yield vs Market

Jung Shing Wire Dividend Yield vs Market
How does 1617 dividend yield compare to the market?
SegmentDividend Yield
Company (1617)1.2%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.5%
Industry Average (Electrical)2.4%
Analyst forecast in 3 Years (1617)n/a

Notable Dividend: 1617's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.78%).

High Dividend: 1617's dividend (1.2%) is low compared to the top 25% of dividend payers in the TW market (4.48%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (89.8%), 1617's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52.2%), 1617's dividend payments are covered by cash flows.


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