Test-Rite International Dividends and Buybacks
Dividend criteria checks 2/6
Test-Rite International is a dividend paying company with a current yield of 2.89%.
Key information
2.9%
Dividend yield
-3.0%
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 | 111% |
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 (2.89%) is higher than the bottom 25% of dividend payers in the TW market (1.75%).
High Dividend: 2908's dividend (2.89%) is low compared to the top 25% of dividend payers in the TW market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.9%), 2908's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.4%), 2908's dividend payments are thoroughly covered by cash flows.