Globe Industries Corporation

TWSE:1324 Stock Report

Market Cap: NT$999.1m

Globe Industries Dividend

Dividend criteria checks 1/6

Globe Industries is a dividend paying company with a current yield of 1.5% that is well covered by earnings.

Key information

1.5%

Dividend yield

58%

Payout ratio

Industry average yield3.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$0.200
Earnings per shareNT$0.34
Dividend yield forecast in 3Yn/a

Recent dividend updates

Globe Industries (TWSE:1324) Is Due To Pay A Dividend Of NT$0.20

Aug 11
Globe Industries (TWSE:1324) Is Due To Pay A Dividend Of NT$0.20

Recent updates

Globe Industries (TWSE:1324) Is Due To Pay A Dividend Of NT$0.20

Aug 11
Globe Industries (TWSE:1324) Is Due To Pay A Dividend Of NT$0.20

Is Globe Industries Corporation (TPE:1324) At Risk Of Cutting Its Dividend?

Apr 07
Is Globe Industries Corporation (TPE:1324) At Risk Of Cutting Its Dividend?

Should You Be Worried About Globe Industries' (TPE:1324) Returns On Capital?

Feb 28
Should You Be Worried About Globe Industries' (TPE:1324) Returns On Capital?

Is Globe Industries Corporation (TPE:1324) An Attractive Dividend Stock?

Jan 07
Is Globe Industries Corporation (TPE:1324) An Attractive Dividend Stock?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1324's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1324's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Globe Industries Dividend Yield vs Market
How does 1324 dividend yield compare to the market?
SegmentDividend Yield
Company (1324)1.5%
Market Bottom 25% (TW)1.7%
Market Top 25% (TW)4.3%
Industry Average (Commercial Services)3.7%
Analyst forecast in 3 Years (1324)n/a

Notable Dividend: 1324's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.68%).

High Dividend: 1324's dividend (1.5%) is low compared to the top 25% of dividend payers in the TW market (4.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.5%), 1324's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 1324 is paying a dividend but the company has no free cash flows.


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