Elite Material Dividend
Dividend criteria checks 3/6
Elite Material is a dividend paying company with a current yield of 2.32% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 29th August, 2024.
Key information
2.3%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | NT$10.000 |
| Earnings per share | NT$24.44 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Calculating The Fair Value Of Elite Material Co., Ltd. (TWSE:2383)
Jul 11
Is 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 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 19Upcoming Dividend Payment
Stability 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) | 2.3% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Electronic) | 2.8% |
| Analyst forecast in 3 Years (2383) | 4.8% |
Notable Dividend: 2383's dividend (2.32%) is higher than the bottom 25% of dividend payers in the TW market (1.72%).
High Dividend: 2383's dividend (2.32%) is low compared to the top 25% of dividend payers in the TW market (4.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.5%), 2383's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1149.7%), 2383's dividend payments are not well covered by cash flows.