Tex Year Industries Dividend
Dividend criteria checks 4/6
Tex Year Industries is a dividend paying company with a current yield of 3.15% that is well covered by earnings.
Key information
3.2%
Dividend yield
75%
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$0.74 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Tex Year Industries' (TWSE:4720) Earnings
Apr 05
Tex Year Industries (TPE:4720) May Have Issues Allocating Its Capital
Apr 05If You Had Bought Tex Year Industries (TPE:4720) Shares A Year Ago You'd Have Earned 49% Returns
Mar 18Is Tex Year Industries (TPE:4720) Using Too Much Debt?
Feb 28Can Tex Year Industries Inc.'s (TPE:4720) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Feb 09
Is Tex Year Industries Inc. (TPE:4720) A Smart Pick For Income Investors?
Jan 19Has Tex Year Industries (TPE:4720) Got What It Takes To Become A Multi-Bagger?
Dec 31Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4720's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4720's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tex Year Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4720) | 3.2% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Chemicals) | 3.9% |
| Analyst forecast in 3 Years (4720) | n/a |
Notable Dividend: 4720's dividend (3.15%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 4720's dividend (3.15%) is low compared to the top 25% of dividend payers in the TW market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.6%), 4720's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.6%), 4720's dividend payments are well covered by cash flows.