Elite Material Dividends and Buybacks
Dividend criteria checks 3/6
Elite Material is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -6.8% |
| 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
Investors Shouldn't Be Too Comfortable With Elite Material's (TWSE:2383) Earnings
Nov 06
Elite 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 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 27Stability 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) | 2.1% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Electronic) | 2.7% |
| Analyst forecast (2383) (up to 3 years) | 4.4% |
Notable Dividend: 2383's dividend (2.11%) is higher than the bottom 25% of dividend payers in the TW market (1.75%).
High Dividend: 2383's dividend (2.11%) is low compared to the top 25% of dividend payers in the TW market (4.5%).
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.