Arizon RFID Technology (Cayman) Dividend
Dividend criteria checks 1/6
Arizon RFID Technology (Cayman) is a dividend paying company with a current yield of 1.19% that is well covered by earnings. Next payment date is on 29th August, 2024 with an ex-dividend date of 25th July, 2024.
Key information
1.2%
Dividend yield
42%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 29 Aug 24 |
| Ex dividend date | 25 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$7.20 |
| Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Arizon RFID Technology (Cayman) (TWSE:6863) Is Increasing Its Dividend To NT$3.00
Jul 01
This Analyst Just Wrote A Brand New Outlook For Arizon RFID Technology (Cayman) Co., Ltd.'s (TWSE:6863) Business
Jun 30Arizon RFID Technology (Cayman) Co., Ltd.'s (TWSE:6863) Shareholders Might Be Looking For Exit
May 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6863's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6863's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Arizon RFID Technology (Cayman) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6863) | 1.2% |
| Market Bottom 25% (TW) | 1.6% |
| Market Top 25% (TW) | 4.2% |
| Industry Average (Communications) | 2.4% |
| Analyst forecast in 3 Years (6863) | 3.0% |
Notable Dividend: 6863's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.64%).
High Dividend: 6863's dividend (1.19%) is low compared to the top 25% of dividend payers in the TW market (4.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.7%), 6863's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6863 is paying a dividend but the company has no free cash flows.