Shinkong Synthetic Fibers Dividends and Buybacks
Dividend criteria checks 3/6
Shinkong Synthetic Fibers is a dividend paying company with a current yield of 3.44% that is well covered by earnings.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$0.550 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Shinkong Synthetic Fibers' (TWSE:1409) Dividend Is Being Reduced To NT$0.55
Aug 08
There's Reason For Concern Over Shinkong Synthetic Fibers Corporation's (TWSE:1409) Price
Aug 07Is Shinkong Synthetic Fibers (TWSE:1409) A Risky Investment?
Jul 05Returns On Capital Signal Tricky Times Ahead For Shinkong Synthetic Fibers (TWSE:1409)
Mar 05Shinkong 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) | 3.4% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Chemicals) | 2.7% |
| Analyst forecast (1409) (up to 3 years) | n/a |
Notable Dividend: 1409's dividend (3.44%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 1409's dividend (3.44%) is low compared to the top 25% of dividend payers in the TW market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.7%), 1409's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1409 is paying a dividend but the company has no free cash flows.