Yang Ming Marine Transport Dividends and Buybacks
Dividend criteria checks 3/6
Yang Ming Marine Transport is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.0% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$2.000 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Yang Ming Marine Transport (TWSE:2609) Is Reducing Its Dividend To NT$2.00
Jun 26
Yang Ming Marine Transport (TWSE:2609) Will Pay A Smaller Dividend Than Last Year
Jun 11Recent updates
Yang Ming Marine Transport (TWSE:2609) Could Easily Take On More Debt
Dec 06At NT$65.90, Is Yang Ming Marine Transport Corporation (TWSE:2609) Worth Looking At Closely?
Oct 20Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic
Sep 29Yang Ming Marine Transport Corporation's (TWSE:2609) Shares Lagging The Market But So Is The Business
Sep 11Yang Ming Marine Transport (TWSE:2609) Is Reducing Its Dividend To NT$2.00
Jun 26Yang Ming Marine Transport (TWSE:2609) Will Pay A Smaller Dividend Than Last Year
Jun 11Yang Ming Marine Transport (TWSE:2609) Is Looking To Continue Growing Its Returns On Capital
Jun 10Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic
May 22Yang Ming Marine Transport Corporation (TWSE:2609) Stock Catapults 36% Though Its Price And Business Still Lag The Industry
May 10Is There Now An Opportunity In Yang Ming Marine Transport Corporation (TWSE:2609)?
May 03Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?
Apr 12Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders
Mar 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2609 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2609 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Yang Ming Marine Transport Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2609) | 2.5% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.6% |
| Industry Average (Shipping) | 3.4% |
| Analyst forecast (2609) (up to 3 years) | 4.0% |
Notable Dividend: 2609's dividend (2.51%) is higher than the bottom 25% of dividend payers in the TW market (1.8%).
High Dividend: 2609's dividend (2.51%) is low compared to the top 25% of dividend payers in the TW market (4.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 2609's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.2%), 2609's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Yang Ming Marine Transport Corporation is covered by 24 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Nathan Gee | BofA Global Research |
| Yayue Hsueh | Capital Securities Corporation |