Planet Technology Dividend
Dividend criteria checks 5/6
Planet Technology is a dividend paying company with a current yield of 3.63% that is well covered by earnings. Next payment date is on 30th July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
3.6%
Dividend yield
76%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 30 Jul 24 |
| Ex dividend date | 02 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$8.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Planet Technology's (GTSM:6263) Returns Have Hit A Wall
Apr 19
Should You Buy Planet Technology Corporation (GTSM:6263) For Its Dividend?
Mar 31Its Easy to Overlook Planet Technology Corporation (GTSM:6263) But Its Strong Financial Prospects Might Make You Want To Stop and Notice
Mar 11Estimating The Intrinsic Value Of Planet Technology Corporation (GTSM:6263)
Feb 11
Planet Technology (GTSM:6263) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment
Jan 27The Returns At Planet Technology (GTSM:6263) Provide Us With Signs Of What's To Come
Jan 12Is Planet Technology Corporation (GTSM:6263) A Risky Dividend Stock?
Dec 28Could The Market Be Wrong About Planet Technology Corporation (GTSM:6263) Given Its Attractive Financial Prospects?
Dec 11We Wouldn't Rely On Planet Technology's (GTSM:6263) Statutory Earnings As A Guide
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6263's dividends per share have been stable in the past 10 years.
Growing Dividend: 6263's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Planet Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6263) | 3.6% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.2% |
| Industry Average (Communications) | 2.4% |
| Analyst forecast in 3 Years (6263) | n/a |
Notable Dividend: 6263's dividend (3.63%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 6263's dividend (3.63%) is low compared to the top 25% of dividend payers in the TW market (4.2%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.4%), 6263's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.3%), 6263's dividend payments are covered by cash flows.