Jung Shing Wire Dividend
Dividend criteria checks 0/6
Jung Shing Wire is a dividend paying company with a current yield of 1.24%. Next payment date is on 28th August, 2024 with an ex-dividend date of 30th July, 2024.
Key information
1.2%
Dividend yield
520%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 28 Aug 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$0.057 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Jung Shing Wire (TWSE:1617) Will Pay A Dividend Of NT$0.30
Jul 12
There's No Escaping Jung Shing Wire Co., Ltd.'s (TWSE:1617) Muted Revenues Despite A 25% Share Price Rise
Apr 15Is Jung Shing Wire (TPE:1617) A Risky Investment?
Apr 04Can Jung Shing Wire (TPE:1617) Continue To Grow Its Returns On Capital?
Mar 17Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Is Going Strong: Have Financials A Role To Play?
Feb 27Is Jung Shing Wire Co., Ltd. (TPE:1617) An Attractive Dividend Stock?
Feb 09
Shareholders Of Jung Shing Wire (TPE:1617) Must Be Happy With Their 166% Total Return
Jan 22Jung Shing Wire (TPE:1617) Could Easily Take On More Debt
Jan 04What We Make Of Jung Shing Wire's (TPE:1617) Returns On Capital
Dec 17Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Nov 29Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1617) | 1.2% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.3% |
| Industry Average (Electrical) | 2.2% |
| Analyst forecast in 3 Years (1617) | n/a |
Notable Dividend: 1617's dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.65%).
High Dividend: 1617's dividend (1.24%) is low compared to the top 25% of dividend payers in the TW market (4.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (520.2%), 1617's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (166%), 1617's dividend payments are not well covered by cash flows.