Cheng Shin Rubber In Dividend yield




   TWD/share 
 Price  35.50
 Dividend  1.20
 Earnings  1.88
 Cash-flow  5.63
 Book value  25.36
 Equity  24.42

Cheng Shin Rubber In is part of Automobiles and Parts business, which is part of Consumer Goods industry. Cheng Shin Rubber In is a company from Taiwan, and his stocks are publicly traded.

Cheng Shin Rubber In paid a total dividend of 3,889 million TWD last year, for a market value of 115,056 millions (Market Cap 65,049 millions). Dividend per share of Cheng Shin Rubber In is 1.20 TWD, and his stock market price 35.50 TWD.

According to the chart below, where dividend yield is displayed, Cheng Shin Rubber In has a dividend yield of 3.38%, which is higher than the amount offered by both the market average and companies from Taiwan. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Cheng Shin Rubber In dividend yield with other Automobiles and Parts companies or firms from Taiwan.

Dividend yield of Cheng Shin Rubber In

Cheng Shin Rubber In Dividend Payout

About the ability of Cheng Shin Rubber In to maintain his current dividend of TWD 1.20 per share, an amount that accounts for 3.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cheng Shin Rubber In payout on ernings is currently 63.83%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.27% and 46.25% respectively. Both figures show that Cheng Shin Rubber In 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 Cheng Shin Rubber In is TWD 5.63 per share, which is higher than the dividend per share paid by the company of TWD 1.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Cheng Shin Rubber In, compared againt world market average, Taiwan companies, Consumer Goods industry and Automobiles and Parts sector companies.

Cheng Shin Rubber In payout

Cheng Shin Rubber In Dividend History

Year Yield  TWD  Paypout  Shares* 
Present3.38%1.2063.83%3,241
20202.27%1.0090.91%3,241
20192.63%1.1099.10%3,241
20184.41%1.80104.65%3,241
20175.71%3.0073.17%3,241
20165.00%3.0075.95%3,241
20155.48%3.0060.85%3,241

*In millions

Cheng Shin Rubber In Stock performance

Finally, last moth Cheng Shin Rubber In showed a return of -4.70% compared to a worldwide -1.34% average, and a -1.59% of Consumer Goods firms. Over the last year, the company obtained a -3.80% versus a worldwide performance of a 31.65%. More detailed information can be seen in the following graph for Taiwan and Automobiles and Parts firms.

Cheng Shin Rubber In stock and market return