Li Kang Biomedical Dividend
Dividend criteria checks 3/6
Li Kang Biomedical is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
40%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$3.49 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Li Kang Biomedical (GTSM:6242) Has Some Way To Go To Become A Multi-Bagger
Apr 19
Is Li Kang Biomedical Co., Ltd. (GTSM:6242) A Smart Choice For Dividend Investors?
Mar 09Li Kang Biomedical Co., Ltd.'s (GTSM:6242) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 09The Trends At Li Kang Biomedical (GTSM:6242) That You Should Know About
Jan 19We Think Li Kang Biomedical (GTSM:6242) Can Stay On Top Of Its Debt
Dec 29Three Things You Should Check Before Buying Li Kang Biomedical Co., Ltd. (GTSM:6242) For Its Dividend
Dec 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6242 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6242's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Li Kang Biomedical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6242) | 3.3% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Personal Products) | 3.1% |
| Analyst forecast in 3 Years (6242) | n/a |
Notable Dividend: 6242's dividend (3.33%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 6242's dividend (3.33%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.2%), 6242's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), 6242's dividend payments are covered by cash flows.