Sincere Navigation Dividend
Dividend criteria checks 3/6
Sincere Navigation is a dividend paying company with a current yield of 2.45% that is well covered by earnings. Next payment date is on 2nd August, 2024 with an ex-dividend date of 28th June, 2024.
Key information
2.5%
Dividend yield
66%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | 02 Aug 24 |
Ex dividend date | 28 Jun 24 |
Dividend per share | n/a |
Earnings per share | NT$1.13 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Sincere Navigation's (TWSE:2605) Dividend Will Be Increased To NT$0.75
Jun 14Sincere Navigation Corporation's (TWSE:2605) 26% Jump Shows Its Popularity With Investors
May 31Sincere Navigation (TWSE:2605) Has A Rock Solid Balance Sheet
May 30Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals
Mar 21We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative
Mar 30Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly
Mar 13Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?
Feb 15Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?
Jan 19Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend
Dec 24These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely
Nov 28Stability 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 |
---|
Segment | Dividend Yield |
---|---|
Company (2605) | 2.5% |
Market Bottom 25% (TW) | 1.7% |
Market Top 25% (TW) | 4.3% |
Industry Average (Shipping) | 3.6% |
Analyst forecast in 3 Years (2605) | n/a |
Notable Dividend: 2605's dividend (2.45%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 2605's dividend (2.45%) is low compared to the top 25% of dividend payers in the TW market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.1%), 2605's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.1%), 2605's dividend payments are well covered by cash flows.