CMC Magnetics Corporation

TWSE:2323 Stock Report

Market Cap: NT$11.8b

CMC Magnetics Dividends and Buybacks

Dividend criteria checks 3/6

CMC Magnetics is a dividend paying company with a current yield of 6.3% that is well covered by earnings.

Key information

6.3%

Dividend yield

5.9%

Buyback Yield

Total Shareholder Yield12.2%
Future Dividend Yieldn/a
Dividend Growth2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$0.680
Payout ratio64%

Recent dividend and buyback updates

Recent updates

Shareholders Shouldn’t Be Too Comfortable With CMC Magnetics' (TWSE:2323) Strong Earnings

Nov 22
Shareholders Shouldn’t Be Too Comfortable With CMC Magnetics' (TWSE:2323) Strong Earnings

Health Check: How Prudently Does CMC Magnetics (TWSE:2323) Use Debt?

Apr 29
Health Check: How Prudently Does CMC Magnetics (TWSE:2323) Use Debt?

CMC Magnetics' (TWSE:2323) Shareholders May Want To Dig Deeper Than Statutory Profit

Mar 24
CMC Magnetics' (TWSE:2323) Shareholders May Want To Dig Deeper Than Statutory Profit

Getting In Cheap On CMC Magnetics Corporation (TWSE:2323) Is Unlikely

Mar 19
Getting In Cheap On CMC Magnetics Corporation (TWSE:2323) Is Unlikely

Read This Before Buying CMC Magnetics Corporation (TPE:2323) For Its Dividend

Apr 06
Read This Before Buying CMC Magnetics Corporation (TPE:2323) For Its Dividend

Is CMC Magnetics (TPE:2323) Using Debt Sensibly?

Mar 02
Is CMC Magnetics (TPE:2323) Using Debt Sensibly?

If You Had Bought CMC Magnetics (TPE:2323) Stock Five Years Ago, You Could Pocket A 73% Gain Today

Jan 26
If You Had Bought CMC Magnetics (TPE:2323) Stock Five Years Ago, You Could Pocket A 73% Gain Today

Here's How We Evaluate CMC Magnetics Corporation's (TPE:2323) Dividend

Dec 22
Here's How We Evaluate CMC Magnetics Corporation's (TPE:2323) Dividend

How Much Is CMC Magnetics Corporation (TPE:2323) CEO Getting Paid?

Nov 26
How Much Is CMC Magnetics Corporation (TPE:2323) CEO Getting Paid?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2323 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2323's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

CMC Magnetics Dividend Yield vs Market
How does 2323 dividend yield compare to the market?
SegmentDividend Yield
Company (2323)6.3%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.6%
Industry Average (Tech)3.1%
Analyst forecast (2323) (up to 3 years)n/a

Notable Dividend: 2323's dividend (6.3%) is higher than the bottom 25% of dividend payers in the TW market (1.8%).

High Dividend: 2323's dividend (6.3%) is in the top 25% of dividend payers in the TW market (4.58%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.1%), 2323's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2323 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:12
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CMC Magnetics Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullSinoPac Securities Investment Service
Harshal MoholkarVirtua Research Inc.