Lite-On Technology Dividend yield

Lite-On Technology is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Lite-On Technology is a company from Taiwan, and his stocks are publicly traded.

Lite-On Technology stock dividend

Lite-On Technology paid a total dividend of 11,810 million TWD last year, for a market value of 323,594 millions (Market Cap 292,573 millions). Lite-On Technology dividend per share is 5.00 TWD, and his stock market price 137.00 TWD.

According to the chart below, where dividend yield is displayed, Lite-On Technology has a dividend yield of 3.65%, 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 Lite-On Technology stocks dividend with other Electronic and Electrical Equipment companies or other of the best Taiwan dividend stocks list.

Lite-On Technology Dividend Payout

About the ability of Lite-On Technology to maintain his current dividend of TWD 5.00 per share, an amount that accounts for 3.65%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Lite-On Technology payout on ernings is currently 82.51%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Lite-On Technology 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 Lite-On Technology is TWD 10.62 per share, which is higher than the dividend per share paid by the company of TWD 5.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Lite-On Technology, compared againt world market average, Taiwan companies, Industrials industry and Electronic and Electrical Equipment sector companies.

Lite-On Technology Dividend History

Below you will find a table with the historical evolution of Lite-On Technology'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	3.65%	5.00	82.51%	2,362
2022	6.27%	4.00	67.11%	2,351
2021	8.46%	5.40	124.42%	2,351
2020	6.43%	3.20	78.43%	2,351
2019	5.92%	2.92	82.72%	2,351
2018	7.19%	2.92	224.62%	2,351
2017	7.19%	2.92	69.69%	2,351
2016	4.32%	2.17	65.96%	2,354
2015	5.85%	1.96	65.55%	2,342

*In millions

Then you can see the evolution of Lite-On Technology dividend stock, and compare it with the average of Taiwan stocks and that of the Electronic and Electrical Equipment stocks.

Lite-On Technology Stock performance

Finally, last moth Lite-On Technology showed a return of -9.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 108.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Electronic and Electrical Equipment firms.