Chitec Technology Dividends and Buybacks
Dividend criteria checks 3/6
Chitec Technology is a dividend paying company with a current yield of 3.18% that is well covered by earnings.
Key information
3.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$2.000 |
| Payout ratio | 50% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3430's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3430's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chitec Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3430) | 3.2% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Chemicals) | 2.7% |
| Analyst forecast (3430) (up to 3 years) | n/a |
Notable Dividend: 3430's dividend (3.18%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 3430's dividend (3.18%) is low compared to the top 25% of dividend payers in the TW market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), 3430's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (438.4%), 3430's dividend payments are not well covered by cash flows.