Shin Hai Gas Dividend
Dividend criteria checks 5/6
Shin Hai Gas is a dividend paying company with a current yield of 3.65% that is well covered by earnings.
Key information
3.6%
Dividend yield
77%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NT$2.61 |
Dividend yield forecast in 3Y | n/a |
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 |
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Segment | Dividend Yield |
---|---|
Company (9926) | 3.6% |
Market Bottom 25% (TW) | 1.8% |
Market Top 25% (TW) | 4.5% |
Industry Average (Gas Utilities) | 3.0% |
Analyst forecast in 3 Years (9926) | n/a |
Notable Dividend: 9926's dividend (3.65%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 9926's dividend (3.65%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.8%), 9926's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.1%), 9926's dividend payments are covered by cash flows.