Good Will Instrument Co., Ltd.

TWSE:2423 Stock Report

Market Cap: NT$10.5b

Good Will Instrument Dividends and Buybacks

Dividend criteria checks 4/6

Good Will Instrument is a dividend paying company with a current yield of 3.44% that is well covered by earnings.

Key information

3.4%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth9.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio70%

Recent dividend and buyback updates

Analysis Article Jun 06

Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20

Good Will Instrument Co., Ltd. ( TWSE:2423 ) has announced that it will be increasing its periodic dividend on the 19th...

Recent updates

Analysis Article Aug 07

Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares

When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 21x, you may consider Good...
Analysis Article Jun 06

Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20

Good Will Instrument Co., Ltd. ( TWSE:2423 ) has announced that it will be increasing its periodic dividend on the 19th...
Analysis Article Apr 26

Many Still Looking Away From Good Will Instrument Co., Ltd. (TWSE:2423)

When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 24x, you may consider Good...
Analysis Article Apr 23

Is Good Will Instrument (TPE:2423) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Mar 19

Good Will Instrument's (TPE:2423) Soft Earnings Are Actually Better Than They Appear

Shareholders appeared unconcerned with Good Will Instrument Co., Ltd.'s ( TPE:2423 ) lackluster earnings report last...
Analysis Article Mar 03

Returns On Capital - An Important Metric For Good Will Instrument (TPE:2423)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Feb 17

Estimating The Intrinsic Value Of Good Will Instrument Co., Ltd. (TPE:2423)

How far off is Good Will Instrument Co., Ltd. ( TPE:2423 ) from its intrinsic value? Using the most recent financial...
Analysis Article Jan 30

Read This Before Buying Good Will Instrument Co., Ltd. (TPE:2423) For Its Dividend

Dividend paying stocks like Good Will Instrument Co., Ltd. ( TPE:2423 ) tend to be popular with investors, and for good...
Analysis Article Jan 14

Good Will Instrument Co., Ltd.'s (TPE:2423) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Most readers would already be aware that Good Will Instrument's (TPE:2423) stock increased significantly by 10% over...
Analysis Article Dec 30

Did You Participate In Any Of Good Will Instrument's (TPE:2423) Respectable 100% Return?

The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
Analysis Article Dec 15

Good Will Instrument (TPE:2423) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 30

What We Make Of Good Will Instrument's (TPE:2423) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2423's dividends per share have been stable in the past 10 years.

Growing Dividend: 2423's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Good Will Instrument Dividend Yield vs Market
How does 2423 dividend yield compare to the market?
SegmentDividend Yield
Company (2423)3.4%
Market Bottom 25% (TW)1.5%
Market Top 25% (TW)5.1%
Industry Average (Electronic)1.5%
Analyst forecast (2423) (up to 3 years)n/a

Notable Dividend: 2423's dividend (3.44%) is higher than the bottom 25% of dividend payers in the TW market (1.51%).

High Dividend: 2423's dividend (3.44%) is low compared to the top 25% of dividend payers in the TW market (5.06%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.4%), 2423's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (94.5%), 2423's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 23:42
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Good Will Instrument Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Quanguo ZhangCitic Securities Co., Ltd.