ELTA TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
ELTA TechnologyLtd is a dividend paying company with a current yield of 6.43% that is well covered by earnings.
Key information
6.4%
Dividend yield
-5.7%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$4.500 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
ELTA TechnologyLtd's (TWSE:8487) Shareholders Should Assess Earnings With Caution
Nov 19
Investors Should Be Encouraged By ELTA TechnologyLtd's (TWSE:8487) Returns On Capital
Aug 07Investors Don't See Light At End Of ELTA Technology Co.,Ltd.'s (TWSE:8487) Tunnel
Mar 26ELTA TechnologyLtd (GTSM:8487) Will Be Hoping To Turn Its Returns On Capital Around
Apr 02How Does ELTA Technology Co.,Ltd. (GTSM:8487) Fare As A Dividend Stock?
Jan 21
ELTA TechnologyLtd (GTSM:8487) Has A Somewhat Strained Balance Sheet
Dec 17ELTA Technology Co.,Ltd.'s (GTSM:8487) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Nov 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8487 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8487's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| ELTA TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8487) | 6.4% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.6% |
| Industry Average (Media) | 5.1% |
| Analyst forecast (8487) (up to 3 years) | n/a |
Notable Dividend: 8487's dividend (6.43%) is higher than the bottom 25% of dividend payers in the TW market (1.79%).
High Dividend: 8487's dividend (6.43%) is in the top 25% of dividend payers in the TW market (4.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.8%), 8487's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (273.5%), 8487's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
ELTA Technology Co.,Ltd. is covered by 1 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 |
|---|---|
| Zhaoxiang Yen | Capital Securities Corporation |