CHUNGTAI RESOURCE Technology Dividend
Dividend criteria checks 2/6
CHUNGTAI RESOURCE Technology is a dividend paying company with a current yield of 3.06% that is well covered by earnings.
Key information
3.1%
Dividend yield
76%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$2.900 |
| Earnings per share | NT$3.44 |
| Dividend yield forecast | n/a |
Recent dividend 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6923) | 3.1% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.3% |
| Industry Average (Commercial Services) | 3.9% |
| Analyst forecast (6923) (up to 3 years) | n/a |
Notable Dividend: 6923's dividend (3.06%) is higher than the bottom 25% of dividend payers in the TW market (1.68%).
High Dividend: 6923's dividend (3.06%) is low compared to the top 25% of dividend payers in the TW market (4.34%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.8%), 6923's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.4%), 6923's dividend payments are not well covered by cash flows.