Taiwan Navigation Co., Ltd.

TWSE:2617 Stock Report

Market Cap: NT$12.0b

Taiwan Navigation Dividends and Buybacks

Dividend criteria checks 4/6

Taiwan Navigation is a dividend paying company with a current yield of 5.55% that is well covered by earnings.

Key information

5.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth5.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$1.600
Payout ratio54%

Recent dividend and buyback updates

Taiwan Navigation (TWSE:2617) Has Announced That Its Dividend Will Be Reduced To NT$1.60

Jul 14
Taiwan Navigation (TWSE:2617) Has Announced That Its Dividend Will Be Reduced To NT$1.60

Taiwan Navigation's (TWSE:2617) Dividend Will Be Reduced To NT$1.60

Jun 23
Taiwan Navigation's (TWSE:2617) Dividend Will Be Reduced To NT$1.60

Recent updates

Taiwan Navigation (TWSE:2617) Has Announced That Its Dividend Will Be Reduced To NT$1.60

Jul 14
Taiwan Navigation (TWSE:2617) Has Announced That Its Dividend Will Be Reduced To NT$1.60

Taiwan Navigation's (TWSE:2617) Dividend Will Be Reduced To NT$1.60

Jun 23
Taiwan Navigation's (TWSE:2617) Dividend Will Be Reduced To NT$1.60

Why Taiwan Navigation's (TWSE:2617) Shaky Earnings Are Just The Beginning Of Its Problems

Mar 21
Why Taiwan Navigation's (TWSE:2617) Shaky Earnings Are Just The Beginning Of Its Problems

We Think Taiwan Navigation (TPE:2617) Is Taking Some Risk With Its Debt

Apr 14
We Think Taiwan Navigation (TPE:2617) Is Taking Some Risk With Its Debt

Three Things You Should Check Before Buying Taiwan Navigation Co., Ltd. (TPE:2617) For Its Dividend

Mar 09
Three Things You Should Check Before Buying Taiwan Navigation Co., Ltd. (TPE:2617) For Its Dividend

Did You Participate In Any Of Taiwan Navigation's (TPE:2617) Respectable 50% Return?

Feb 16
Did You Participate In Any Of Taiwan Navigation's (TPE:2617) Respectable 50% Return?

Can Taiwan Navigation (TPE:2617) Continue To Grow Its Returns On Capital?

Jan 29
Can Taiwan Navigation (TPE:2617) Continue To Grow Its Returns On Capital?

We're Not So Sure You Should Rely on Taiwan Navigation's (TPE:2617) Statutory Earnings

Jan 11
We're Not So Sure You Should Rely on Taiwan Navigation's (TPE:2617) Statutory Earnings

Does Taiwan Navigation (TPE:2617) Have A Healthy Balance Sheet?

Dec 27
Does Taiwan Navigation (TPE:2617) Have A Healthy Balance Sheet?

Taiwan Navigation Co., Ltd.'s (TPE:2617) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dec 09
Taiwan Navigation Co., Ltd.'s (TPE:2617) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Should Taiwan Navigation Co., Ltd. (TPE:2617) Be Part Of Your Dividend Portfolio?

Nov 23
Should Taiwan Navigation Co., Ltd. (TPE:2617) Be Part Of Your Dividend Portfolio?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2617's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2617's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Taiwan Navigation Dividend Yield vs Market
How does 2617 dividend yield compare to the market?
SegmentDividend Yield
Company (2617)5.5%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.6%
Industry Average (Shipping)3.4%
Analyst forecast (2617) (up to 3 years)n/a

Notable Dividend: 2617's dividend (5.55%) is higher than the bottom 25% of dividend payers in the TW market (1.8%).

High Dividend: 2617's dividend (5.55%) is in the top 25% of dividend payers in the TW market (4.58%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.4%), 2617's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2617 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 19:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Taiwan Navigation Co., Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chi-Chang ChanJih Sun Securities Investment Consulting Co., Ltd.
Horn Yu ChienMasterlink Securities Corp.
Charles MaSinoPac Securities Investment Service