Shinkong TextileLtd Dividend
Dividend criteria checks 3/6
Shinkong TextileLtd is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
Key information
2.9%
Dividend yield
69%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$2.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Pinning Down Shinkong Textile Co.,Ltd's (TWSE:1419) P/E Is Difficult Right Now
Apr 29
We Think That There Are More Issues For Shinkong TextileLtd (TWSE:1419) Than Just Sluggish Earnings
Mar 24Shinkong TextileLtd's (TPE:1419) Returns On Capital Are Heading Higher
Apr 22Could Shinkong Textile Co.,Ltd. (TPE:1419) Have The Makings Of Another Dividend Aristocrat?
Apr 04Shinkong TextileLtd (TPE:1419) Has A Pretty Healthy Balance Sheet
Mar 17Do Fundamentals Have Any Role To Play In Driving Shinkong Textile Co.,Ltd.'s (TPE:1419) Stock Up Recently?
Feb 26If You Had Bought Shinkong TextileLtd (TPE:1419) Stock Five Years Ago, You Could Pocket A 16% Gain Today
Feb 08What We Make Of Shinkong TextileLtd's (TPE:1419) Returns On Capital
Jan 21
Does It Make Sense To Buy Shinkong Textile Co.,Ltd. (TPE:1419) For Its Yield?
Jan 04Is Shinkong TextileLtd (TPE:1419) Using Too Much Debt?
Dec 17Shinkong Textile Co.,Ltd.'s (TPE:1419) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Nov 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1419's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1419's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shinkong TextileLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1419) | 2.9% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Luxury) | 3.3% |
| Analyst forecast in 3 Years (1419) | n/a |
Notable Dividend: 1419's dividend (2.9%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 1419's dividend (2.9%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.4%), 1419's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (242.8%), 1419's dividend payments are not well covered by cash flows.