Altek Dividend
Dividend criteria checks 3/6
Altek is a dividend paying company with a current yield of 1.85% that is well covered by earnings.
Key information
1.8%
Dividend yield
55%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$1.27 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Does Altek Corporation's (TPE:3059) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Mar 18
Is Altek (TPE:3059) Struggling?
Feb 28Altek (TPE:3059) Seems To Use Debt Rather Sparingly
Feb 10Does Altek's (TPE:3059) Share Price Gain of 43% Match Its Business Performance?
Jan 26
Is Altek Corporation (TPE:3059) A Strong Dividend Stock?
Jan 11Altek (TPE:3059) Is Growing Earnings But Are They A Good Guide?
Dec 25Altek Corporation's (TPE:3059) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Dec 10Is Altek (TPE:3059) Set To Make A Turnaround?
Nov 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3059 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3059 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Altek Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3059) | 1.8% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Consumer Durables) | 3.4% |
| Analyst forecast in 3 Years (3059) | n/a |
Notable Dividend: 3059's dividend (1.85%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 3059's dividend (1.85%) is low compared to the top 25% of dividend payers in the TW market (4.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.2%), 3059's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.7%), 3059's dividend payments are thoroughly covered by cash flows.