Sunspring Metal Dividend
Dividend criteria checks 3/6
Sunspring Metal is a dividend paying company with a current yield of 2.77% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 23rd July, 2024.
Key information
2.8%
Dividend yield
32%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 23 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$2.50 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Sunspring Metal (TWSE:2062) Is Reducing Its Dividend To NT$0.80
Jun 19
Sunspring Metal's (TWSE:2062) Dividend Is Being Reduced To NT$0.80
Jun 05Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2062's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2062's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Sunspring Metal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2062) | 2.8% |
| Market Bottom 25% (TW) | 1.6% |
| Market Top 25% (TW) | 4.2% |
| Industry Average (Building) | 3.6% |
| Analyst forecast in 3 Years (2062) | n/a |
Notable Dividend: 2062's dividend (2.77%) is higher than the bottom 25% of dividend payers in the TW market (1.62%).
High Dividend: 2062's dividend (2.77%) is low compared to the top 25% of dividend payers in the TW market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), 2062's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.3%), 2062's dividend payments are thoroughly covered by cash flows.