Chicony Electronics Dividend yield




   TWD/share 
 Price  77.00
 Dividend  5.50
 Earnings  7.40
 Cash-flow  11.32
 Book value  36.67
 Equity  36.82

Chicony Electronics is part of Technology Hardware and Equip. business, which is part of Technology industry. Chicony Electronics is a company from Taiwan, and his stocks are publicly traded.

Chicony Electronics paid a total dividend of 4,098 million TWD last year, for a market value of 57,365 millions (Market Cap 46,484 millions). Dividend per share of Chicony Electronics is 5.50 TWD, and his stock market price 77.00 TWD.

According to the chart below, where dividend yield is displayed, Chicony Electronics has a dividend yield of 7.14%, which is higher than the amount offered by both the market average and companies from Taiwan. It is also bigger than average of Technology 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 Chicony Electronics dividend yield with other Technology Hardware and Equip. companies or firms from Taiwan.

Dividend yield of Chicony Electronics

Chicony Electronics Dividend Payout

About the ability of Chicony Electronics to maintain his current dividend of TWD 5.50 per share, an amount that accounts for 7.14%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Chicony Electronics payout on ernings is currently 74.32%, which is higher than the market average, and companies of Technology industry, which are 39.27% and 40.46% respectively. Both figures show that Chicony Electronics 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 Chicony Electronics is TWD 11.32 per share, which is higher than the dividend per share paid by the company of TWD 5.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Chicony Electronics, compared againt world market average, Taiwan companies, Technology industry and Technology Hardware and Equip. sector companies.

Chicony Electronics payout

Chicony Electronics Dividend History

Year Yield  TWD  Paypout  Shares* 
Present7.14%5.5074.32%745
20206.84%5.9073.93%740
20194.27%3.8076.00%735
20187.07%4.4378.55%724
20175.64%4.2384.60%721
20165.70%4.2876.98%707
20156.14%4.6276.11%689

*In millions

Chicony Electronics Stock performance

Finally, last moth Chicony Electronics showed a return of -1.90% compared to a worldwide -1.33% average, and a -2.53% of Technology firms. Over the last year, the company obtained a -8.40% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Taiwan and Technology Hardware and Equip. firms.

Chicony Electronics stock and market return