Shinkong Synthetic Fibers Dividend
Dividend criteria checks 2/6
Shinkong Synthetic Fibers is a dividend paying company with a current yield of 3.22%.
Key information
3.2%
Dividend yield
116%
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$0.47 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Shinkong Synthetic Fibers (TWSE:1409)
Mar 05
Shinkong Synthetic Fibers (TPE:1409) Takes On Some Risk With Its Use Of Debt
Apr 10Estimating The Intrinsic Value Of Shinkong Synthetic Fibers Corporation (TPE:1409)
Mar 26Returns On Capital At Shinkong Synthetic Fibers (TPE:1409) Paint An Interesting Picture
Mar 09Did You Participate In Any Of Shinkong Synthetic Fibers' (TPE:1409) Respectable 67% Return?
Feb 17
Are Shinkong Synthetic Fibers's (TPE:1409) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 30Is Shinkong Synthetic Fibers Corporation (TPE:1409) A Good Dividend Stock?
Jan 12Is Shinkong Synthetic Fibers (TPE:1409) Using Too Much Debt?
Dec 25Returns On Capital At Shinkong Synthetic Fibers (TPE:1409) Paint An Interesting Picture
Nov 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1409's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1409's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shinkong Synthetic Fibers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1409) | 3.2% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Chemicals) | 3.9% |
| Analyst forecast in 3 Years (1409) | n/a |
Notable Dividend: 1409's dividend (3.22%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 1409's dividend (3.22%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.1%), 1409's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1409 is paying a dividend but the company has no free cash flows.