M3 Technology Dividend
Dividend criteria checks 2/6
M3 Technology is a dividend paying company with a current yield of 2.1% that is well covered by earnings.
Key information
2.1%
Dividend yield
56%
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$5.32 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6799 has been paying a dividend for less than 10 years.
Growing Dividend: 6799's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
M3 Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6799) | 2.1% |
Market Bottom 25% (TW) | 1.8% |
Market Top 25% (TW) | 4.4% |
Industry Average (Electronic) | 3.1% |
Analyst forecast in 3 Years (6799) | n/a |
Notable Dividend: 6799's dividend (2.1%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 6799's dividend (2.1%) is low compared to the top 25% of dividend payers in the TW market (4.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), 6799's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115%), 6799's dividend payments are not well covered by cash flows.