Tidehold Development Dividend
Dividend criteria checks 2/6
Tidehold Development is a dividend paying company with a current yield of 1.84% that is well covered by earnings. Next payment date is on 1st August, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
1.8%
Dividend yield
51%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | 01 Aug 24 |
Ex dividend date | 02 Jul 24 |
Dividend per share | n/a |
Earnings per share | NT$0.58 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9902 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9902's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Tidehold Development Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (9902) | 1.8% |
Market Bottom 25% (TW) | 1.7% |
Market Top 25% (TW) | 4.3% |
Industry Average (Retail Distributors) | 3.5% |
Analyst forecast in 3 Years (9902) | n/a |
Notable Dividend: 9902's dividend (1.84%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 9902's dividend (1.84%) is low compared to the top 25% of dividend payers in the TW market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.3%), 9902's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9902 is paying a dividend but the company has no free cash flows.