Shin Hai Gas Dividends and Buybacks
Dividend criteria checks 4/6
Shin Hai Gas is a dividend paying company with a current yield of 3.86% that is well covered by earnings.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$2.000 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9926's dividends per share have been stable in the past 10 years.
Growing Dividend: 9926's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shin Hai Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9926) | 3.9% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Gas Utilities) | 3.2% |
| Analyst forecast (9926) (up to 3 years) | n/a |
Notable Dividend: 9926's dividend (3.86%) is higher than the bottom 25% of dividend payers in the TW market (1.75%).
High Dividend: 9926's dividend (3.86%) is low compared to the top 25% of dividend payers in the TW market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.4%), 9926's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.6%), 9926's dividend payments are not well covered by cash flows.