Evergreen Marine Dividend yield




   TWD/share 
 Price  137.50
 Dividend  45.00
 Earnings  114.58
 Cash-flow  137.50
 Book value  152.78
 Equity  0.00

Evergreen Marine is part of Industrial Transportation business, which is part of Industrials industry. Evergreen Marine is a company from Taiwan, and his stocks are publicly traded.

Evergreen Marine paid a total dividend of 95,220 million TWD last year, for a market value of 290,950 millions (Market Cap 138,223 millions). Dividend per share of Evergreen Marine is 45.00 TWD, and his stock market price 137.50 TWD.

According to the chart below, where dividend yield is displayed, Evergreen Marine has a dividend yield of 32.73%, which is higher than the amount offered by both the market average and companies from Taiwan. It is also bigger than average of Industrials 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 Evergreen Marine dividend yield with other Industrial Transportation companies or firms from Taiwan.

Dividend yield of Evergreen Marine

Evergreen Marine Dividend Payout

About the ability of Evergreen Marine to maintain his current dividend of TWD 45.00 per share, an amount that accounts for 32.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Evergreen Marine payout on ernings is currently 39.27%, which is lower than the market average, but higher than companies of Industrials industry, which are 41.59% and 36.92% respectively. Both figures show that Evergreen Marine is in a good position to keep maintaining his dividend.

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 Evergreen Marine is TWD 137.50 per share, which is higher than the dividend per share paid by the company of TWD 45.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Evergreen Marine, compared againt world market average, Taiwan companies, Industrials industry and Industrial Transportation sector companies.

Evergreen Marine payout

Evergreen Marine Dividend History

Year Yield  TWD  Paypout  Shares* 
Present32.73%45.0039.27%2,116
20211.74%2.4853.22%5,291
20200.00%0.000.00%4,813
20191.38%0.170.00%4,813
20181.51%0.1811.46%4,513
20170.00%0.000.00%3,912
20160.82%0.10-7.94%3,508
20150.76%0.1029.41%3,508

*In millions

Evergreen Marine Stock performance

Finally, last moth Evergreen Marine showed a return of -5.80% compared to a worldwide 3.75% average, and a 5.35% of Industrials firms. Over the last year, the company obtained a -40.30% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Taiwan and Industrial Transportation firms.

Evergreen Marine stock and market return