Kingwaytek Technology Dividend
Dividend criteria checks 2/6
Kingwaytek Technology is a dividend paying company with a current yield of 1.28% that is well covered by earnings.
Key information
1.3%
Dividend yield
80%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NT$1.20 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6516 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6516's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Kingwaytek Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6516) | 1.3% |
Market Bottom 25% (TW) | 1.7% |
Market Top 25% (TW) | 4.3% |
Industry Average (Software) | 2.2% |
Analyst forecast in 3 Years (6516) | n/a |
Notable Dividend: 6516's dividend (1.28%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 6516's dividend (1.28%) is low compared to the top 25% of dividend payers in the TW market (4.28%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.2%), 6516's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.8%), 6516's dividend payments are well covered by cash flows.