Turn Cloud Technology Service Dividends and Buybacks
Dividend criteria checks 1/6
Turn Cloud Technology Service is a dividend paying company with a current yield of 1.18% that is well covered by earnings.
Key information
1.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$3.143 |
| Payout ratio | 86% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6870 has been paying a dividend for less than 10 years.
Growing Dividend: 6870's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Turn Cloud Technology Service Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6870) | 1.2% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Software) | 1.9% |
| Analyst forecast (6870) (up to 3 years) | n/a |
Notable Dividend: 6870's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.73%).
High Dividend: 6870's dividend (1.18%) is low compared to the top 25% of dividend payers in the TW market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.4%), 6870's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6870 is paying a dividend but the company has no free cash flows.