ELTA Technology Co.,Ltd.

TWSE:8487 Stock Report

Market Cap: NT$2.1b

ELTA TechnologyLtd Dividend

Dividend criteria checks 3/6

ELTA TechnologyLtd is a dividend paying company with a current yield of 2.78% that is well covered by earnings.

Key information

2.8%

Dividend yield

36%

Payout ratio

Industry average yield5.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$5.13
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Investors Don't See Light At End Of ELTA Technology Co.,Ltd.'s (TWSE:8487) Tunnel

Mar 26
Investors Don't See Light At End Of ELTA Technology Co.,Ltd.'s (TWSE:8487) Tunnel

ELTA TechnologyLtd (GTSM:8487) Will Be Hoping To Turn Its Returns On Capital Around

Apr 02
ELTA TechnologyLtd (GTSM:8487) Will Be Hoping To Turn Its Returns On Capital Around

How Does ELTA Technology Co.,Ltd. (GTSM:8487) Fare As A Dividend Stock?

Jan 21
How Does ELTA Technology Co.,Ltd. (GTSM:8487) Fare As A Dividend Stock?

ELTA TechnologyLtd (GTSM:8487) Has A Somewhat Strained Balance Sheet

Dec 17
ELTA TechnologyLtd (GTSM:8487) Has A Somewhat Strained Balance Sheet

ELTA Technology Co.,Ltd.'s (GTSM:8487) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Nov 19
ELTA Technology Co.,Ltd.'s (GTSM:8487) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Stability 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 8 years.


Dividend Yield vs Market

ELTA TechnologyLtd Dividend Yield vs Market
How does 8487 dividend yield compare to the market?
SegmentDividend Yield
Company (8487)2.8%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.4%
Industry Average (Media)5.5%
Analyst forecast in 3 Years (8487)n/a

Notable Dividend: 8487's dividend (2.78%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).

High Dividend: 8487's dividend (2.78%) is low compared to the top 25% of dividend payers in the TW market (4.44%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.5%), 8487's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (46.2%), 8487's dividend payments are well covered by cash flows.


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