eCloudvalley Digital Technology Dividend
Dividend criteria checks 2/6
eCloudvalley Digital Technology is a dividend paying company with a current yield of 1.81% that is well covered by earnings. Next payment date is on 21st August, 2024 with an ex-dividend date of 30th July, 2024.
Key information
1.8%
Dividend yield
71%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 21 Aug 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | NT$2.000 |
| Earnings per share | NT$2.81 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
eCloudvalley Digital Technology (TWSE:6689) Is Reducing Its Dividend To NT$2.00
Jul 14
Getting In Cheap On eCloudvalley Digital Technology Co., Ltd. (TWSE:6689) Is Unlikely
Jun 09eCloudvalley Digital Technology (TWSE:6689) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 22Is There Now An Opportunity In eCloudvalley Digital Technology Co., Ltd. (TWSE:6689)?
Apr 19Returns On Capital Are Showing Encouraging Signs At eCloudvalley Digital Technology (GTSM:6689)
Apr 13Are Robust Financials Driving The Recent Rally In eCloudvalley Digital Technology Co., Ltd.'s (GTSM:6689) Stock?
Feb 03
Can eCloudvalley Digital Technology (GTSM:6689) Continue To Grow Its Returns On Capital?
Dec 30Should eCloudvalley Digital Technology (GTSM:6689) Be Disappointed With Their 41% Profit?
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6689 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6689's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| eCloudvalley Digital Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6689) | 1.8% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.3% |
| Industry Average (IT) | 3.8% |
| Analyst forecast in 3 Years (6689) | 3.1% |
Notable Dividend: 6689's dividend (1.81%) is higher than the bottom 25% of dividend payers in the TW market (1.68%).
High Dividend: 6689's dividend (1.81%) is low compared to the top 25% of dividend payers in the TW market (4.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.4%), 6689's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (148.7%), 6689's dividend payments are not well covered by cash flows.