Shuang-Bang Industrial Dividend
Dividend criteria checks 2/6
Shuang-Bang Industrial is a dividend paying company with a current yield of 2.21%. Next payment date is on 2nd August, 2024 with an ex-dividend date of 8th July, 2024.
Key information
2.2%
Dividend yield
178%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 02 Aug 24 |
| Ex dividend date | 08 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$0.22 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Estimating The Intrinsic Value Of Shuang-Bang Industrial Corp. (GTSM:6506)
Mar 31
Here's Why Shuang-Bang Industrial (GTSM:6506) Has A Meaningful Debt Burden
Mar 10We're Watching These Trends At Shuang-Bang Industrial (GTSM:6506)
Feb 17Is Shuang-Bang Industrial Corp. (GTSM:6506) A Smart Choice For Dividend Investors?
Jan 27Is Shuang-Bang Industrial Corp.'s (GTSM:6506) Recent Performancer Underpinned By Weak Financials?
Jan 06Shuang-Bang Industrial (GTSM:6506) Has A Somewhat Strained Balance Sheet
Dec 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6506's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6506's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shuang-Bang Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6506) | 2.2% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.3% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (6506) | n/a |
Notable Dividend: 6506's dividend (2.21%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 6506's dividend (2.21%) is low compared to the top 25% of dividend payers in the TW market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (178.3%), 6506's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6506 is paying a dividend but the company has no free cash flows.