Elite Material Dividends and Buybacks
Dividend criteria checks 2/6
Elite Material is a dividend paying company with a current yield of 1.62% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -7.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$10.000 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
There's Reason For Concern Over Elite Material Co., Ltd.'s (TWSE:2383) Massive 25% Price Jump
Dec 04
Capital Investments At Elite Material (TWSE:2383) Point To A Promising Future
Nov 29Investors Shouldn't Be Too Comfortable With Elite Material's (TWSE:2383) Earnings
Nov 06Elite Material Co., Ltd. (TWSE:2383) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
Nov 04Should You Think About Buying Elite Material Co., Ltd. (TWSE:2383) Now?
Oct 31Calculating The Fair Value Of Elite Material Co., Ltd. (TWSE:2383)
Jul 11Is Now The Time To Look At Buying Elite Material Co., Ltd. (TWSE:2383)?
Jun 26Not Many Are Piling Into Elite Material Co., Ltd. (TWSE:2383) Just Yet
Jun 03These 4 Measures Indicate That Elite Material (TWSE:2383) Is Using Debt Reasonably Well
May 21Earnings Update: Elite Material Co., Ltd. (TWSE:2383) Just Reported And Analysts Are Boosting Their Estimates
May 04Do Elite Material's (TWSE:2383) Earnings Warrant Your Attention?
Apr 26Are Investors Undervaluing Elite Material Co., Ltd. (TWSE:2383) By 28%?
Apr 02At NT$421, Is Elite Material Co., Ltd. (TWSE:2383) Worth Looking At Closely?
Mar 22Investors Appear Satisfied With Elite Material Co., Ltd.'s (TWSE:2383) Prospects As Shares Rocket 26%
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2383's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2383's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elite Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2383) | 1.6% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Electronic) | 2.7% |
| Analyst forecast (2383) (up to 3 years) | 3.4% |
Notable Dividend: 2383's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.75%).
High Dividend: 2383's dividend (1.62%) is low compared to the top 25% of dividend payers in the TW market (4.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.5%), 2383's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (653%), 2383's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:56 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Elite Material Co., Ltd. is covered by 24 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Warren Lau | Aletheia Analyst Network Limited |
| Skye Chen | Aletheia Analyst Network Limited |
| Mike Yang | BofA Global Research |