Thye Ming Industrial Dividend
Dividend criteria checks 5/6
Thye Ming Industrial is a dividend paying company with a current yield of 6.97% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 26th September, 2024.
Key information
7.0%
Dividend yield
76%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 26 Sep 24 |
| Dividend per share | NT$5.150 |
| Earnings per share | NT$6.81 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Thye Ming Industrial's (TWSE:9927) Dividend Will Be Increased To NT$5.15
Aug 12
These 4 Measures Indicate That Thye Ming Industrial (TWSE:9927) Is Using Debt Safely
May 06Thye Ming Industrial's (TWSE:9927) Earnings May Just Be The Starting Point
Mar 25Is Thye Ming Industrial (TPE:9927) Using Too Much Debt?
Dec 18Thye Ming Industrial Co., Ltd.'s (TPE:9927) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9927's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9927's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thye Ming Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9927) | 7.0% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Metals and Mining) | 2.9% |
| Analyst forecast in 3 Years (9927) | n/a |
Notable Dividend: 9927's dividend (6.97%) is higher than the bottom 25% of dividend payers in the TW market (1.8%).
High Dividend: 9927's dividend (6.97%) is in the top 25% of dividend payers in the TW market (4.5%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.7%), 9927's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.8%), 9927's dividend payments are well covered by cash flows.