Novatek Microelectronics Dividend
Dividend criteria checks 5/6
Novatek Microelectronics is a dividend paying company with a current yield of 5.99% that is well covered by earnings.
Key information
6.0%
Dividend yield
89%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$32.000 |
| Earnings per share | NT$36.11 |
| Dividend yield forecast | 6.1% |
Recent dividend updates
Recent updates
Estimating The Fair Value Of Novatek Microelectronics Corp. (TWSE:3034)
Sep 16
Insufficient 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 29Here's Why I Think Novatek Microelectronics (TPE:3034) Might Deserve Your Attention Today
Apr 25Is Novatek Microelectronics Corp. (TPE:3034) A Good Fit For Your Dividend Portfolio?
Apr 11An Intrinsic Calculation For Novatek Microelectronics Corp. (TPE:3034) Suggests It's 45% Undervalued
Mar 15What Type Of Shareholders Own The Most Number of Novatek Microelectronics Corp. (TPE:3034) Shares?
Mar 02Novatek Microelectronics (TPE:3034) Has Rewarded Shareholders With An Exceptional 382% Total Return On Their Investment
Feb 17Analysts Just Made A Meaningful Upgrade To Their Novatek Microelectronics Corp. (TPE:3034) Forecasts
Feb 05Stability 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) | 6.0% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Semiconductor) | 2.1% |
| Analyst forecast (3034) (up to 3 years) | 6.1% |
Notable Dividend: 3034's dividend (5.99%) is higher than the bottom 25% of dividend payers in the TW market (1.72%).
High Dividend: 3034's dividend (5.99%) is in the top 25% of dividend payers in the TW market (4.4%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.6%), 3034's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.5%), 3034's dividend payments are covered by cash flows.