CHUNGTAI RESOURCE Technology Dividend
Dividend criteria checks 2/6
CHUNGTAI RESOURCE Technology is a dividend paying company with a current yield of 2.79%.
Key information
2.8%
Dividend yield
94%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NT$3.08 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6923's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6923's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
CHUNGTAI RESOURCE Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6923) | 2.8% |
Market Bottom 25% (TW) | 1.8% |
Market Top 25% (TW) | 4.4% |
Industry Average (Commercial Services) | 3.8% |
Analyst forecast in 3 Years (6923) | n/a |
Notable Dividend: 6923's dividend (2.79%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 6923's dividend (2.79%) is low compared to the top 25% of dividend payers in the TW market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94%), 6923's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.6%), 6923's dividend payments are covered by cash flows.