Novatek Microelectronics Dividends and Buybacks
Dividend criteria checks 3/6
Novatek Microelectronics is a dividend paying company with a current yield of 6.6%.
Key information
6.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$32.000 |
| Payout ratio | 93% |
Recent dividend and buyback updates
Recent updates
There Is A Reason Novatek Microelectronics Corp.'s (TWSE:3034) Price Is Undemanding
Dec 17
Here's What Analysts Are Forecasting For Novatek Microelectronics Corp. (TWSE:3034) After Its Third-Quarter Results
Nov 04Why Novatek Microelectronics Corp. (TWSE:3034) Could Be Worth Watching
Oct 16Novatek Microelectronics (TWSE:3034) Looks To Prolong Its Impressive Returns
Oct 01Estimating The Fair Value Of Novatek Microelectronics Corp. (TWSE:3034)
Sep 16Insufficient Growth At Novatek Microelectronics Corp. (TWSE:3034) Hampers Share Price
Aug 16Novatek Microelectronics Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jul 31Novatek Microelectronics (TWSE:3034) Is Reducing Its Dividend To NT$32.00
Jun 23Investors Shouldn't Overlook The Favourable Returns On Capital At Novatek Microelectronics (TWSE:3034)
Jun 20Novatek Microelectronics Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Apr 30At NT$574, Is Novatek Microelectronics Corp. (TWSE:3034) Worth Looking At Closely?
Apr 23Novatek Microelectronics Corp.'s (TWSE:3034) Shares Lagging The Market But So Is The Business
Mar 23Novatek Microelectronics (TWSE:3034) Is Achieving High Returns On Its Capital
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3034's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3034's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Novatek Microelectronics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3034) | 6.6% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.6% |
| Industry Average (Semiconductor) | 2.1% |
| Analyst forecast (3034) (up to 3 years) | 6.3% |
Notable Dividend: 3034's dividend (6.6%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 3034's dividend (6.6%) is in the top 25% of dividend payers in the TW market (4.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.3%), 3034's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.8%), 3034's dividend payments are not 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 05:25 |
| 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 |
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* 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
Novatek Microelectronics Corp. is covered by 42 analysts. 19 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 |
|---|---|
| Wanping Yeh | Barclays |
| Andrew Lu | Barclays |
| Eric Chen | BNP Paribas Securities (Asia) |