United Microelectronics Corporation

TWSE:2303 Stock Report

Market Cap: NT$503.7b

United Microelectronics Dividends and Buybacks

Dividend criteria checks 4/6

United Microelectronics is a dividend paying company with a current yield of 7.47% that is well covered by earnings.

Key information

7.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield10.7%
Dividend Growth22.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$3.000
Payout ratio72%

Recent dividend and buyback updates

United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

Jun 14
United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

Recent updates

Earnings Miss: United Microelectronics Corporation Missed EPS By 5.6% And Analysts Are Revising Their Forecasts

Jan 23
Earnings Miss: United Microelectronics Corporation Missed EPS By 5.6% And Analysts Are Revising Their Forecasts

United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Dec 03
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

Nov 18
Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 01
United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings

Oct 22
Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings

United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price

Aug 29
United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price

Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching

Aug 16
Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching

United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 02
United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well

Jul 25
These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well

United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Jul 11
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

Jun 14
United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet

May 23
The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet

What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?

May 10
What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?

United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 27
United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price

Apr 22
United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price

We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

Mar 22
We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2303's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2303's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

United Microelectronics Dividend Yield vs Market
How does 2303 dividend yield compare to the market?
SegmentDividend Yield
Company (2303)7.5%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.5%
Industry Average (Semiconductor)2.0%
Analyst forecast (2303) (up to 3 years)10.7%

Notable Dividend: 2303's dividend (7.47%) is higher than the bottom 25% of dividend payers in the TW market (1.76%).

High Dividend: 2303's dividend (7.47%) is in the top 25% of dividend payers in the TW market (4.47%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (72.2%), 2303's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (1490.1%), 2303's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 15:44
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

United Microelectronics Corporation is covered by 47 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett SimpsonArete Research Services LLP
Tayla-Blair BothaArete Research Services LLP
Andrew LuBarclays