Zhen Yu Hardware Dividend
Dividend criteria checks 2/6
Zhen Yu Hardware is a dividend paying company with a current yield of 1.59% that is well covered by earnings.
Key information
1.6%
Dividend yield
56%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NT$2.32 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2947 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2947 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Zhen Yu Hardware Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2947) | 1.6% |
Market Bottom 25% (TW) | 1.8% |
Market Top 25% (TW) | 4.5% |
Industry Average (Specialty Retail) | 3.4% |
Analyst forecast in 3 Years (2947) | n/a |
Notable Dividend: 2947's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.83%).
High Dividend: 2947's dividend (1.59%) is low compared to the top 25% of dividend payers in the TW market (4.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56%), 2947's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.6%), 2947's dividend payments are thoroughly covered by cash flows.