Wendell Industrial Dividend
Dividend criteria checks 2/6
Wendell Industrial is a dividend paying company with a current yield of 3.56% that is well covered by earnings. Next payment date is on 23rd August, 2024 with an ex-dividend date of 24th July, 2024.
Key information
3.6%
Dividend yield
88%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | 23 Aug 24 |
Ex dividend date | 24 Jul 24 |
Dividend per share | n/a |
Earnings per share | NT$3.88 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Here's How We Evaluate Wendell Industrial Co., Ltd's (GTSM:6761) Dividend
Apr 13Should You Be Impressed By Wendell Industrial's (GTSM:6761) Returns on Capital?
Jan 27Is Weakness In Wendell Industrial Co., Ltd (GTSM:6761) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Dec 23Could Wendell Industrial Co., Ltd (GTSM:6761) Have The Makings Of Another Dividend Aristocrat?
Nov 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6761 has been paying a dividend for less than 10 years.
Growing Dividend: 6761's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Wendell Industrial Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6761) | 3.6% |
Market Bottom 25% (TW) | 1.7% |
Market Top 25% (TW) | 4.2% |
Industry Average (Electronic) | 2.6% |
Analyst forecast in 3 Years (6761) | n/a |
Notable Dividend: 6761's dividend (3.56%) is higher than the bottom 25% of dividend payers in the TW market (1.67%).
High Dividend: 6761's dividend (3.56%) 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 (87.6%), 6761's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (151.7%), 6761's dividend payments are not well covered by cash flows.