Ocean Plastics Dividend
Dividend criteria checks 1/6
Ocean Plastics is a dividend paying company with a current yield of 0.95% that is well covered by earnings.
Key information
1.0%
Dividend yield
46%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$0.88 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Ocean Plastics (TWSE:1321) Strong Profits May Be Masking Some Underlying Issues
Mar 24
I Ran A Stock Scan For Earnings Growth And Ocean Plastics (TPE:1321) Passed With Ease
Apr 29Investors Will Want Ocean Plastics' (TPE:1321) Growth In ROCE To Persist
Apr 11These 4 Measures Indicate That Ocean Plastics (TPE:1321) Is Using Debt Reasonably Well
Mar 04Some Shareholders Feeling Restless Over Ocean Plastics Co., Ltd.'s (TPE:1321) P/E Ratio
Feb 11
Should Ocean Plastics (TPE:1321) Be Disappointed With Their 36% Profit?
Jan 23Do Ocean Plastics's (TPE:1321) Earnings Warrant Your Attention?
Jan 05Will Ocean Plastics' (TPE:1321) Growth In ROCE Persist?
Dec 21Ocean Plastics Co., Ltd. (TPE:1321) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1321 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1321 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Ocean Plastics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1321) | 1.0% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Chemicals) | 3.9% |
| Analyst forecast in 3 Years (1321) | n/a |
Notable Dividend: 1321's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 1321's dividend (0.95%) is low compared to the top 25% of dividend payers in the TW market (4.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 1321's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1321 is paying a dividend but the company has no free cash flows.