Major-Power Technology Dividends and Buybacks
Dividend criteria checks 2/6
Major-Power Technology is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$1.680 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6720 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6720's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Major-Power Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6720) | 0.9% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Semiconductor) | 2.1% |
| Analyst forecast (6720) (up to 3 years) | n/a |
Notable Dividend: 6720's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 6720's dividend (0.91%) is low compared to the top 25% of dividend payers in the TW market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 6720's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.8%), 6720's dividend payments are well covered by cash flows.