Prime Oil Chemical Service Dividend
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
72%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$0.84 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Prime Oil Chemical Service's (TWSE:2904) Conservative Accounting Might Explain Soft Earnings
Mar 25
Returns 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) | 1.8% |
| Market Top 25% (TW) | 4.6% |
| Industry Average (Oil and Gas) | 5.5% |
| Analyst forecast in 3 Years (2904) | n/a |
Notable Dividend: 2904's dividend (3.31%) is higher than the bottom 25% of dividend payers in the TW market (1.85%).
High Dividend: 2904's dividend (3.31%) is low compared to the top 25% of dividend payers in the TW market (4.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.6%), 2904's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.9%), 2904's dividend payments are well covered by cash flows.