Solomon Technology Dividend
Dividend criteria checks 1/6
Solomon Technology is a dividend paying company with a current yield of 1.29% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 10th July, 2024.
Key information
1.3%
Dividend yield
55%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 10 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$3.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Solomon Technology's (TWSE:2359) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 25
Solomon Technology (TWSE:2359) Is Increasing Its Dividend To NT$1.70
Mar 13Recent updates
Solomon Technology's (TWSE:2359) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 25Capital Allocation Trends At Solomon Technology (TWSE:2359) Aren't Ideal
Apr 19Solomon Technology Corporation's (TWSE:2359) Shares Leap 33% Yet They're Still Not Telling The Full Story
Mar 21Solomon Technology (TWSE:2359) Is Increasing Its Dividend To NT$1.70
Mar 13Solomon Technology (TPE:2359) Could Be Struggling To Allocate Capital
Apr 03Solomon Technology (TPE:2359) Could Easily Take On More Debt
Mar 07We're Not Counting On Solomon Technology (TPE:2359) To Sustain Its Statutory Profitability
Feb 09
A Look At Solomon Technology's (TPE:2359) Share Price Returns
Jan 19Is Solomon Technology Corporation (TPE:2359) An Attractive Dividend Stock?
Dec 29The Returns On Capital At Solomon Technology (TPE:2359) Don't Inspire Confidence
Dec 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2359 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2359's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Solomon Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2359) | 1.3% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Electronic) | 3.0% |
| Analyst forecast in 3 Years (2359) | n/a |
Notable Dividend: 2359's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.73%).
High Dividend: 2359's dividend (1.29%) is low compared to the top 25% of dividend payers in the TW market (4.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), 2359's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2359 is paying a dividend but the company has no free cash flows.