Test-Rite International Dividends and Buybacks
Dividend criteria checks 2/6
Test-Rite International is a dividend paying company with a current yield of 2.9%.
Key information
2.9%
Dividend yield
-3.1%
Buyback Yield
| Total Shareholder Yield | -0.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$0.583 |
| Payout ratio | 102% |
Recent dividend and buyback updates
Recent updates
Test-Rite International (TWSE:2908) Has Announced That Its Dividend Will Be Reduced To NT$0.5832
May 31
Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 22Test-Rite International Co., Ltd. (TPE:2908) Is Yielding 4.1% - But Is It A Buy?
Apr 25Slowing Rates Of Return At Test-Rite International (TPE:2908) Leave Little Room For Excitement
Apr 04Introducing Test-Rite International (TPE:2908), A Stock That Climbed 38% In The Last Year
Mar 13Is Test-Rite International Co., Ltd.'s (TPE:2908) ROE Of 12% Impressive?
Feb 20Is Test-Rite International (TPE:2908) Using Too Much Debt?
Feb 02Is Test-Rite International Co., Ltd. (TPE:2908) A Great Dividend Stock?
Jan 15
The Trends At Test-Rite International (TPE:2908) That You Should Know About
Dec 29Did You Participate In Any Of Test-Rite International's (TPE:2908) Respectable 72% Return?
Dec 11Here's Why We Think Test-Rite International's (TPE:2908) Statutory Earnings Might Be Conservative
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2908's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2908's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Test-Rite International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2908) | 2.9% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Retail Distributors) | 3.6% |
| Analyst forecast (2908) (up to 3 years) | n/a |
Notable Dividend: 2908's dividend (2.9%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 2908's dividend (2.9%) is low compared to the top 25% of dividend payers in the TW market (4.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.8%), 2908's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.7%), 2908's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 17:17 |
| End of Day Share Price | 2024/12/19 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Test-Rite International Co., Ltd. is covered by 5 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 |
|---|---|
| Meijun Yeh | Capital Securities Corporation |
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| Youyu Chen | Jih Sun Securities Investment Consulting Co., Ltd. |