Desiccant Technology Corporation

TWSE:5292 Stock Report

Market Cap: NT$4.9b

Desiccant Technology Dividend

Dividend criteria checks 3/6

Desiccant Technology is a dividend paying company with a current yield of 3.16% that is well covered by earnings.

Key information

3.2%

Dividend yield

46%

Payout ratio

Industry average yield2.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$8.77
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Desiccant Technology's (TWSE:5292) Solid Earnings Are Supported By Other Strong Factors

Mar 22
Desiccant Technology's (TWSE:5292) Solid Earnings Are Supported By Other Strong Factors

We Like These Underlying Trends At Desiccant Technology (GTSM:5292)

Mar 10
We Like These Underlying Trends At Desiccant Technology (GTSM:5292)

Are Strong Financial Prospects The Force That Is Driving The Momentum In Desiccant Technology Corporation's GTSM:5292) Stock?

Feb 03
Are Strong Financial Prospects The Force That Is Driving The Momentum In Desiccant Technology Corporation's GTSM:5292) Stock?

Did Desiccant Technology's (GTSM:5292) Share Price Deserve to Gain 61%?

Jan 13
Did Desiccant Technology's (GTSM:5292) Share Price Deserve to Gain 61%?

Here's Why Desiccant Technology's (GTSM:5292) Statutory Earnings Are Arguably Too Conservative

Dec 23
Here's Why Desiccant Technology's (GTSM:5292) Statutory Earnings Are Arguably Too Conservative

Should Desiccant Technology Corporation (GTSM:5292) Be Part Of Your Dividend Portfolio?

Nov 18
Should Desiccant Technology Corporation (GTSM:5292) Be Part Of Your Dividend Portfolio?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 5292 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 5292's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Desiccant Technology Dividend Yield vs Market
How does 5292 dividend yield compare to the market?
SegmentDividend Yield
Company (5292)3.2%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.5%
Industry Average (Machinery)2.5%
Analyst forecast in 3 Years (5292)n/a

Notable Dividend: 5292's dividend (3.16%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).

High Dividend: 5292's dividend (3.16%) is low compared to the top 25% of dividend payers in the TW market (4.48%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.1%), 5292's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (48%), 5292's dividend payments are well covered by cash flows.


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