Chang Hwa Commercial Dividend yield

Chang Hwa Commercial is part of Banks business, which is part of Financials industry. Chang Hwa Commercial is a company from Taiwan, and his stocks are publicly traded.

Chang Hwa Commercial stock dividend

Chang Hwa Commercial paid a total dividend of 5,863 million TWD last year, for a market value of 187,843 millions (Market Cap 117,443 millions). Chang Hwa Commercial dividend per share is 0.54 TWD, and his stock market price 17.30 TWD.

According to the chart below, where dividend yield is displayed, Chang Hwa Commercial has a dividend yield of 3.10%, lower than the amount offered by both the market average and companies from Taiwan. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Chang Hwa Commercial stocks dividend with other Banks companies or other of the best Taiwan dividend stocks list.

Chang Hwa Commercial Dividend Payout

About the ability of Chang Hwa Commercial to maintain his current dividend of TWD 0.54 per share, an amount that accounts for 3.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Chang Hwa Commercial payout on ernings is currently 51.92%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Chang Hwa Commercial can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Chang Hwa Commercial is TWD 1.24 per share, which is higher than the dividend per share paid by the company of TWD 0.54, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Chang Hwa Commercial, compared againt world market average, Taiwan companies, Financials industry and Banks sector companies.

Chang Hwa Commercial Dividend History

Below you will find a table with the historical evolution of Chang Hwa Commercial's dividend stock, both in percentage and in TWD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	TWD	Paypout	Shares*
Present	3.10%	0.54	51.92%	10,858
2022	2.89%	0.50	58.14%	10,594
2021	2.10%	0.36	52.17%	10,489
2020	2.14%	0.38	33.33%	10,385
2019	2.76%	0.63	48.84%	9,985
2018	2.52%	0.43	34.13%	9,790
2017	2.42%	0.40	30.77%	9,413
2016	1.94%	0.33	25.19%	8,965
2015	1.17%	0.19	14.62%	8,457

*In millions

Then you can see the evolution of Chang Hwa Commercial dividend stock, and compare it with the average of Taiwan stocks and that of the Banks stocks.

Chang Hwa Commercial Stock performance

Finally, last moth Chang Hwa Commercial showed a return of -5.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 0.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Banks firms.