Wei Chih Steel Industrial Co., Ltd.

TWSE:2028 Stock Report

Market Cap: NT$8.7b

Wei Chih Steel Industrial Dividend

Dividend criteria checks 2/6

Wei Chih Steel Industrial is a dividend paying company with a current yield of 3% that is well covered by earnings.

Key information

3.0%

Dividend yield

67%

Payout ratio

Industry average yield2.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$1.19
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Here's Why Wei Chih Steel Industrial (TWSE:2028) Has A Meaningful Debt Burden

Apr 09
Here's Why Wei Chih Steel Industrial (TWSE:2028) Has A Meaningful Debt Burden

The Return Trends At Wei Chih Steel IndustrialLtd (TPE:2028) Look Promising

Apr 12
The Return Trends At Wei Chih Steel IndustrialLtd (TPE:2028) Look Promising

Wei Chih Steel IndustrialLtd (TPE:2028) Seems To Use Debt Quite Sensibly

Mar 01
Wei Chih Steel IndustrialLtd (TPE:2028) Seems To Use Debt Quite Sensibly

Are Wei Chih Steel IndustrialLtd's (TPE:2028) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 08
Are Wei Chih Steel IndustrialLtd's (TPE:2028) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Is Wei Chih Steel Industrial Co.,Ltd.'s (TPE:2028) Latest Stock Performance A Reflection Of Its Financial Health?

Jan 21
Is Wei Chih Steel Industrial Co.,Ltd.'s (TPE:2028) Latest Stock Performance A Reflection Of Its Financial Health?

Is Wei Chih Steel IndustrialLtd (TPE:2028) A Future Multi-bagger?

Jan 03
Is Wei Chih Steel IndustrialLtd (TPE:2028) A Future Multi-bagger?

Investors Who Bought Wei Chih Steel IndustrialLtd (TPE:2028) Shares Five Years Ago Are Now Up 727%

Dec 14
Investors Who Bought Wei Chih Steel IndustrialLtd (TPE:2028) Shares Five Years Ago Are Now Up 727%

We Think Wei Chih Steel IndustrialLtd (TPE:2028) Is Taking Some Risk With Its Debt

Nov 26
We Think Wei Chih Steel IndustrialLtd (TPE:2028) Is Taking Some Risk With Its Debt

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2028 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2028 has only been paying a dividend for 2 years, and since then payments have fallen.


Dividend Yield vs Market

Wei Chih Steel Industrial Dividend Yield vs Market
How does 2028 dividend yield compare to the market?
SegmentDividend Yield
Company (2028)3.0%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.4%
Industry Average (Metals and Mining)2.7%
Analyst forecast in 3 Years (2028)n/a

Notable Dividend: 2028's dividend (3%) is higher than the bottom 25% of dividend payers in the TW market (1.76%).

High Dividend: 2028's dividend (3%) is low compared to the top 25% of dividend payers in the TW market (4.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (67.3%), 2028's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2028 is paying a dividend but the company has no free cash flows.


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