Yang Ming Marine Transport Dividend
Dividend criteria checks 2/6
Yang Ming Marine Transport is a dividend paying company with a current yield of 39.06%.
Key information
39.1%
Dividend yield
336%
Payout ratio
| Industry average yield | 13.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$1.37 |
| Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2609 has been paying a dividend for less than 10 years.
Growing Dividend: 2609 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Yang Ming Marine Transport Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2609) | 39.1% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Shipping) | 13.0% |
| Analyst forecast in 3 Years (2609) | 2.0% |
Notable Dividend: 2609's dividend (39.06%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 2609's dividend (39.06%) is in the top 25% of dividend payers in the TW market (4.48%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (335.6%), 2609's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2609 is paying a dividend but the company has no free cash flows.