Hsin Yung Chien Dividend
Dividend criteria checks 4/6
Hsin Yung Chien is a dividend paying company with a current yield of 4.61% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 31st May, 2024.
Key information
4.6%
Dividend yield
83%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 01 Jul 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | NT$6.06 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Is Now The Time To Put Hsin Yung Chien (TPE:2114) On Your Watchlist?
Mar 28
Returns On Capital At Hsin Yung Chien (TPE:2114) Paint An Interesting Picture
Mar 10Shareholders Of Hsin Yung Chien (TPE:2114) Must Be Happy With Their 62% Return
Feb 17Hsin Yung Chien Co., Ltd.'s (TPE:2114) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Jan 23Are Dividend Investors Getting More Than They Bargained For With Hsin Yung Chien Co., Ltd.'s (TPE:2114) Dividend?
Dec 31What Do The Returns On Capital At Hsin Yung Chien (TPE:2114) Tell Us?
Dec 10Did You Participate In Any Of Hsin Yung Chien's (TPE:2114) Respectable 51% Return?
Nov 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2114's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2114's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hsin Yung Chien Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2114) | 4.6% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Machinery) | 2.4% |
| Analyst forecast in 3 Years (2114) | n/a |
Notable Dividend: 2114's dividend (4.61%) is higher than the bottom 25% of dividend payers in the TW market (1.74%).
High Dividend: 2114's dividend (4.61%) is in the top 25% of dividend payers in the TW market (4.37%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.6%), 2114's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (131.8%), 2114's dividend payments are not well covered by cash flows.