ELTA TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
ELTA TechnologyLtd is a dividend paying company with a current yield of 6.62% that is well covered by earnings.
Key information
6.6%
Dividend yield
-5.8%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.3% |
| 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) | 6.6% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Media) | 5.2% |
| Analyst forecast (8487) (up to 3 years) | n/a |
Notable Dividend: 8487's dividend (6.62%) is higher than the bottom 25% of dividend payers in the TW market (1.75%).
High Dividend: 8487's dividend (6.62%) is in the top 25% of dividend payers in the TW market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.7%), 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.