TWOWAY Communications Dividend
Dividend criteria checks 2/6
TWOWAY Communications is a dividend paying company with a current yield of 3.09% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 25th June, 2024.
Key information
3.1%
Dividend yield
90%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 25 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | NT$5.00 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 8045 has been paying a dividend for less than 10 years.
Growing Dividend: 8045's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| TWOWAY Communications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8045) | 3.1% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Communications) | 2.7% |
| Analyst forecast in 3 Years (8045) | n/a |
Notable Dividend: 8045's dividend (3.09%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 8045's dividend (3.09%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.9%), 8045's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (120%), 8045's dividend payments are not well covered by cash flows.