Prime Oil Chemical Service Dividends and Buybacks
Dividend criteria checks 3/6
Prime Oil Chemical Service is a dividend paying company with a current yield of 3.31% that is well covered by earnings.
Key information
3.3%
Dividend yield
-4.9%
Buyback Yield
| Total Shareholder Yield | -1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$0.600 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Investors Can Find Comfort In Prime Oil Chemical Service's (TWSE:2904) Earnings Quality
Nov 21
Prime Oil Chemical Service's (TWSE:2904) Conservative Accounting Might Explain Soft Earnings
Mar 25Returns On Capital At Prime Oil Chemical Service (TPE:2904) Have Stalled
Apr 27Prime Oil Chemical Service (TPE:2904) Seems To Use Debt Quite Sensibly
Mar 22Something To Consider Before Buying Prime Oil Chemical Service Corporation (TPE:2904) For The 6.2% Dividend
Mar 04Prime Oil Chemical Service Corporation's (TPE:2904) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Feb 14The Trends At Prime Oil Chemical Service (TPE:2904) That You Should Know About
Jan 27Shareholders Of Prime Oil Chemical Service (TPE:2904) Must Be Happy With Their 70% Return
Jan 07We Think Prime Oil Chemical Service (TPE:2904) Can Stay On Top Of Its Debt
Dec 20Know This Before Buying Prime Oil Chemical Service Corporation (TPE:2904) For Its Dividend
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2904's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2904's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Prime Oil Chemical Service Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2904) | 3.3% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Oil and Gas) | 6.4% |
| Analyst forecast (2904) (up to 3 years) | n/a |
Notable Dividend: 2904's dividend (3.31%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 2904's dividend (3.31%) is low compared to the top 25% of dividend payers in the TW market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.3%), 2904's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.8%), 2904's dividend payments are well covered by cash flows.