Chitec Technology Dividend
Dividend criteria checks 4/6
Chitec Technology is a dividend paying company with a current yield of 3.93% that is well covered by earnings.
Key information
3.9%
Dividend yield
56%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NT$3.57 |
Dividend yield forecast in 3Y | n/a |
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 |
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Segment | Dividend Yield |
---|---|
Company (3430) | 3.9% |
Market Bottom 25% (TW) | 1.8% |
Market Top 25% (TW) | 4.5% |
Industry Average (Chemicals) | 4.0% |
Analyst forecast in 3 Years (3430) | n/a |
Notable Dividend: 3430's dividend (3.93%) is higher than the bottom 25% of dividend payers in the TW market (1.83%).
High Dividend: 3430's dividend (3.93%) is low compared to the top 25% of dividend payers in the TW market (4.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.1%), 3430's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.4%), 3430's dividend payments are covered by cash flows.