Shinkong Synthetic Fibers Dividends and Buybacks
Dividend criteria checks 3/6
Shinkong Synthetic Fibers is a dividend paying company with a current yield of 4.92% that is well covered by earnings.
Key information
4.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$0.600 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Shareholders Can Be Confident That Shinkong Synthetic Fibers' (TWSE:1409) Earnings Are High Quality
Mar 24
Shinkong Synthetic Fibers' (TWSE:1409) Dividend Is Being Reduced To NT$0.55
Aug 08There'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) | 4.9% |
| Market Bottom 25% (TW) | 2.2% |
| Market Top 25% (TW) | 5.4% |
| Industry Average (Chemicals) | 3.1% |
| Analyst forecast (1409) (up to 3 years) | n/a |
Notable Dividend: 1409's dividend (4.92%) is higher than the bottom 25% of dividend payers in the TW market (2.18%).
High Dividend: 1409's dividend (4.92%) is low compared to the top 25% of dividend payers in the TW market (5.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.8%), 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/24 09:30 |
| End of Day Share Price | 2025/04/24 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shinkong Synthetic Fibers Corporation is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shu Fang Chen | SinoPac Securities Investment Service |
| Rohit Singhal | Virtua Research Inc. |
| Danny Ho | Yuanta Research |