Elite Material Dividend
Dividend criteria checks 3/6
Elite Material is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
58%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$15.99 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Do Elite Material's (TWSE:2383) Earnings Warrant Your Attention?
Apr 26
Are 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 26Elite Material Co., Ltd. (TPE:2383) Shares Could Be 23% Below Their Intrinsic Value Estimate
Apr 28Here's Why We Think Elite Material (TPE:2383) Is Well Worth Watching
Apr 04Is Elite Material Co., Ltd. (TPE:2383) A Smart Pick For Income Investors?
Mar 23Elite Material Co., Ltd.'s (TPE:2383) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Mar 11Why Elite Material Co., Ltd. (TPE:2383) Could Be Worth Watching
Feb 27A Look Into Elite Material's (TPE:2383) Impressive Returns On Capital
Feb 14
Elite Material (TPE:2383) Seems To Use Debt Rather Sparingly
Feb 01Are Investors Undervaluing Elite Material Co., Ltd. (TPE:2383) By 32%?
Jan 19Shareholders Of Elite Material (TPE:2383) Must Be Happy With Their 266% Total Return
Jan 06Does Elite Material (TPE:2383) Deserve A Spot On Your Watchlist?
Dec 24Has Elite Material Co., Ltd.'s (TPE:2383) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 09Is It Time To Consider Buying Elite Material Co., Ltd. (TPE:2383)?
Nov 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) | 2.0% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Electronic) | 3.1% |
| Analyst forecast in 3 Years (2383) | 4.7% |
Notable Dividend: 2383's dividend (2%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 2383's dividend (2%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.7%), 2383's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2383 is paying a dividend but the company has no free cash flows.