Sincere Navigation Corporation

TWSE:2605 Stock Report

Market Cap: NT$15.2b

Sincere Navigation Dividend

Dividend criteria checks 2/6

Sincere Navigation is a dividend paying company with a current yield of 2.89%.

Key information

2.9%

Dividend yield

102%

Payout ratio

Industry average yield13.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$0.73
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals

Mar 21
Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals

We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative

Mar 30
We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative

Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly

Mar 13
Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly

Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?

Feb 15
Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?

Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?

Jan 19
Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?

Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend

Dec 24
Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend

These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely

Nov 28
These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2605's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2605's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Sincere Navigation Dividend Yield vs Market
How does 2605 dividend yield compare to the market?
SegmentDividend Yield
Company (2605)2.9%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.4%
Industry Average (Shipping)13.5%
Analyst forecast in 3 Years (2605)n/a

Notable Dividend: 2605's dividend (2.89%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).

High Dividend: 2605's dividend (2.89%) is low compared to the top 25% of dividend payers in the TW market (4.44%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (102.1%), 2605's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (46%), 2605's dividend payments are well covered by cash flows.


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