U-Ming Marine Transport Corporation

TWSE:2606 Stock Report

Market Cap: NT$45.8b

U-Ming Marine Transport Dividend

Dividend criteria checks 2/6

U-Ming Marine Transport is a dividend paying company with a current yield of 4.42% that is well covered by earnings.

Key information

4.4%

Dividend yield

74%

Payout ratio

Industry average yield13.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$3.24
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Investors Aren't Entirely Convinced By U-Ming Marine Transport Corporation's (TWSE:2606) Earnings

Apr 11
Investors Aren't Entirely Convinced By U-Ming Marine Transport Corporation's (TWSE:2606) Earnings

What Is U-Ming Marine Transport Corporation's (TWSE:2606) Share Price Doing?

Mar 26
What Is U-Ming Marine Transport Corporation's (TWSE:2606) Share Price Doing?

Investors Will Want U-Ming Marine Transport's (TPE:2606) Growth In ROCE To Persist

Apr 27
Investors Will Want U-Ming Marine Transport's (TPE:2606) Growth In ROCE To Persist

Looking For Steady Income For Your Dividend Portfolio? Is U-Ming Marine Transport Corporation (TPE:2606) A Good Fit?

Apr 12
Looking For Steady Income For Your Dividend Portfolio? Is U-Ming Marine Transport Corporation (TPE:2606) A Good Fit?

Could The U-Ming Marine Transport Corporation (TPE:2606) Ownership Structure Tell Us Something Useful?

Mar 13
Could The U-Ming Marine Transport Corporation (TPE:2606) Ownership Structure Tell Us Something Useful?

U-Ming Marine Transport (TPE:2606) Has A Somewhat Strained Balance Sheet

Feb 26
U-Ming Marine Transport (TPE:2606) Has A Somewhat Strained Balance Sheet

U-Ming Marine Transport (TPE:2606) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

Feb 11
U-Ming Marine Transport (TPE:2606) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

Does This Valuation Of U-Ming Marine Transport Corporation (TPE:2606) Imply Investors Are Overpaying?

Jan 29
Does This Valuation Of U-Ming Marine Transport Corporation (TPE:2606) Imply Investors Are Overpaying?

Here’s What’s Happening With Returns At U-Ming Marine Transport (TPE:2606)

Jan 17
Here’s What’s Happening With Returns At U-Ming Marine Transport (TPE:2606)

Tread With Caution Around U-Ming Marine Transport Corporation's (TPE:2606) 5.2% Dividend Yield

Jan 04
Tread With Caution Around U-Ming Marine Transport Corporation's (TPE:2606) 5.2% Dividend Yield

Did U-Ming Marine Transport Corporation (TPE:2606) Use Debt To Deliver Its ROE Of 4.8%?

Dec 22
Did U-Ming Marine Transport Corporation (TPE:2606) Use Debt To Deliver Its ROE Of 4.8%?

We Wouldn't Rely On U-Ming Marine Transport's (TPE:2606) Statutory Earnings As A Guide

Dec 09
We Wouldn't Rely On U-Ming Marine Transport's (TPE:2606) Statutory Earnings As A Guide

Does U-Ming Marine Transport (TPE:2606) Have A Healthy Balance Sheet?

Nov 26
Does U-Ming Marine Transport (TPE:2606) Have A Healthy Balance Sheet?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2606's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2606's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

U-Ming Marine Transport Dividend Yield vs Market
How does 2606 dividend yield compare to the market?
SegmentDividend Yield
Company (2606)4.4%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.5%
Industry Average (Shipping)13.0%
Analyst forecast in 3 Years (2606)n/a

Notable Dividend: 2606's dividend (4.42%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).

High Dividend: 2606's dividend (4.42%) is low compared to the top 25% of dividend payers in the TW market (4.48%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (74%), 2606's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2606 is paying a dividend but the company has no free cash flows.


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