Shin Shin Natural Gas Company Limited

TWSE:9918 Stock Report

Market Cap: NT$7.4b

Shin Shin Natural Gas Dividend

Dividend criteria checks 3/6

Shin Shin Natural Gas is a dividend paying company with a current yield of 3.61% that is well covered by earnings.

Key information

3.6%

Dividend yield

75%

Payout ratio

Industry average yield3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNT$2.00
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Shin Shin Natural Gas' (TWSE:9918) Profits Appear To Have Quality Issues

Mar 21
Shin Shin Natural Gas' (TWSE:9918) Profits Appear To Have Quality Issues

Shin Shin Natural Gas Company Limited (TPE:9918) Is Yielding 3.7% - But Is It A Buy?

Feb 26
Shin Shin Natural Gas Company Limited (TPE:9918) Is Yielding 3.7% - But Is It A Buy?

Could The Shin Shin Natural Gas Company Limited (TPE:9918) Ownership Structure Tell Us Something Useful?

Jan 29
Could The Shin Shin Natural Gas Company Limited (TPE:9918) Ownership Structure Tell Us Something Useful?

Shin Shin Natural Gas Company Limited's (TPE:9918) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?

Dec 18
Shin Shin Natural Gas Company Limited's (TPE:9918) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?

Should You Be Impressed By Shin Shin Natural Gas' (TPE:9918) Returns on Capital?

Nov 19
Should You Be Impressed By Shin Shin Natural Gas' (TPE:9918) Returns on Capital?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 9918's dividend payments have been volatile in the past 10 years.

Growing Dividend: 9918's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shin Shin Natural Gas Dividend Yield vs Market
How does 9918 dividend yield compare to the market?
SegmentDividend Yield
Company (9918)3.6%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.4%
Industry Average (Gas Utilities)3.0%
Analyst forecast in 3 Years (9918)n/a

Notable Dividend: 9918's dividend (3.61%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).

High Dividend: 9918's dividend (3.61%) is low compared to the top 25% of dividend payers in the TW market (4.44%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (75%), 9918's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (128.1%), 9918's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.