Nan Ya Plastics Dividend yield




   TWD/share 
 Price  71.90
 Dividend  2.20
 Earnings  2.93
 Cash-flow  6.60
 Book value  42.29
 Equity  45.08

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

Nan Ya Plastics paid a total dividend of 17,448 million TWD last year, for a market value of 570,239 millions (Market Cap 405,716 millions). Dividend per share of Nan Ya Plastics is 2.20 TWD, and his stock market price 71.90 TWD.

According to the chart below, where dividend yield is displayed, Nan Ya Plastics has a dividend yield of 3.06%, which is higher than the amount offered by both the market average and companies from Taiwan. It is also bigger than average of Basic Materials 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 Nan Ya Plastics dividend yield with other Chemicals companies or firms from Taiwan.

Dividend yield of Nan Ya Plastics

Nan Ya Plastics Dividend Payout

About the ability of Nan Ya Plastics to maintain his current dividend of TWD 2.20 per share, an amount that accounts for 3.06%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nan Ya Plastics payout on ernings is currently 75.09%, which is higher than the market average, and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures show that Nan Ya Plastics 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 Nan Ya Plastics is TWD 6.60 per share, which is higher than the dividend per share paid by the company of TWD 2.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nan Ya Plastics, compared againt world market average, Taiwan companies, Basic Materials industry and Chemicals sector companies.

Nan Ya Plastics payout

Nan Ya Plastics Dividend History

Year Yield  TWD  Paypout  Shares* 
Present3.06%2.2075.09%7,931
20196.87%5.0074.85%7,931
20186.75%5.1073.59%7,931
20175.78%4.5072.82%7,931
20164.92%3.3069.33%7,931
20153.92%2.3054.12%7,931

*In millions

Nan Ya Plastics Stock performance

Finally, last moth Nan Ya Plastics showed a return of 12.00% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a -1.20% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Taiwan and Chemicals firms.

Nan Ya Plastics stock and market return