Lungteh Shipbuilding Dividend
Dividend criteria checks 2/6
Lungteh Shipbuilding is a dividend paying company with a current yield of 0.92% that is well covered by earnings. Next payment date is on 19th September, 2024 with an ex-dividend date of 26th August, 2024.
Key information
0.9%
Dividend yield
18%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 19 Sep 24 |
| Ex dividend date | 26 Aug 24 |
| Dividend per share | NT$1.100 |
| Earnings per share | NT$6.26 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Lungteh Shipbuilding's (TWSE:6753) Dividend Will Be Increased To NT$1.10
Aug 12
We Like Lungteh Shipbuilding's (TWSE:6753) Returns And Here's How They're Trending
Aug 09The Market Lifts Lungteh Shipbuilding Co., Ltd. (TWSE:6753) Shares 29% But It Can Do More
Jun 27Estimating The Intrinsic Value Of Lungteh Shipbuilding Co., Ltd. (TWSE:6753)
May 22We Think Lungteh Shipbuilding's (TWSE:6753) Profit Is Only A Baseline For What They Can Achieve
Mar 23Investors Still Aren't Entirely Convinced By Lungteh Shipbuilding Co., Ltd.'s (TWSE:6753) Earnings Despite 28% Price Jump
Mar 21Lungteh Shipbuilding's (GTSM:6753) Solid Earnings May Rest On Weak Foundations
Apr 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6753 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6753's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Lungteh Shipbuilding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6753) | 0.9% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Machinery) | 2.7% |
| Analyst forecast in 3 Years (6753) | n/a |
Notable Dividend: 6753's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.8%).
High Dividend: 6753's dividend (0.92%) is low compared to the top 25% of dividend payers in the TW market (4.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.6%), 6753's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.5%), 6753's dividend payments are thoroughly covered by cash flows.