Eternal Chemical Dividend yield

 Price  29.05
 Dividend  1.20
 Earnings  2.23
 Cash-flow  5.59
 Book value  20.75
 Equity  20.65

Eternal Chemical is part of Chemicals business, which is part of Basic Materials industry. Eternal Chemical is a company from Taiwan, and his stocks are publicly traded.

Eternal Chemical stock dividend

Eternal Chemical paid a total dividend of 1,414 million TWD last year, for a market value of 34,221 millions (Market Cap 27,664 millions). Eternal Chemical dividend per share is 1.20 TWD, and his stock market price 29.05 TWD.

According to the chart below, where dividend yield is displayed, Eternal Chemical has a dividend yield of 4.13%, which is similar to the amount offered by both the market average and companies from Taiwan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Eternal Chemical stocks dividend with other Chemicals companies or other of the highest Taiwan dividend stocks list.

Dividend yield of Eternal Chemical

Eternal Chemical Dividend Payout

About the ability of Eternal Chemical to maintain his current dividend of TWD 1.20 per share, an amount that accounts for 4.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Eternal Chemical payout on ernings is currently 53.81%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Eternal Chemical 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 Eternal Chemical is TWD 5.59 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 Eternal Chemical, compared againt world market average, Taiwan companies, Basic Materials industry and Chemicals sector companies.

Eternal Chemical payout

Eternal Chemical Dividend History

Below you will find a table with the historical evolution of Eternal Chemical'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* 

*In millions

Then you can see the evolution of Eternal Chemical dividend stock, and compare it with the average of Taiwan stocks and that of the Chemicals stocks.

Eternal Chemical stock dividend history

Eternal Chemical Stock performance

Finally, last moth Eternal Chemical showed a return of -6.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -17.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Chemicals firms.

Eternal Chemical stock and market return