Novatek Microelectro Dividend yield

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

Novatek Microelectro stock dividend

Novatek Microelectro paid a total dividend of 22,527 million TWD last year, for a market value of 243,296 millions (Market Cap 228,514 millions). Novatek Microelectro dividend per share is 36.99 TWD, and his stock market price 399.50 TWD.

According to the chart below, where dividend yield is displayed, Novatek Microelectro has a dividend yield of 9.26%, 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 Novatek Microelectro stocks dividend with other Technology Hardware and Equip. companies or other of the highest Taiwan dividend stocks list.

Novatek Microelectro Dividend Payout

About the ability of Novatek Microelectro to maintain his current dividend of TWD 36.99 per share, an amount that accounts for 9.26%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Novatek Microelectro payout on ernings is currently 79.63%, which is higher than the market average, and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that Novatek Microelectro 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 Novatek Microelectro is TWD 37.69 per share, which is higher than the dividend per share paid by the company of TWD 36.99, so the company generates enough cash to maintain his dividend in the future.

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

Novatek Microelectro Dividend History

Below you will find a table with the historical evolution of Novatek Microelectro'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	9.26%	36.99	79.63%	609
2022	16.32%	51.49	79.97%	609
2021	2.89%	15.58	78.61%	609
2020	2.85%	10.52	77.81%	609
2019	4.02%	8.80	80.37%	609
2018	5.00%	7.10	81.52%	609
2017	6.17%	7.00	82.06%	609
2016	8.49%	9.00	83.18%	608
2015	8.44%	10.00	82.71%	608

*In millions

Then you can see the evolution of Novatek Microelectro dividend stock, and compare it with the average of Taiwan stocks and that of the Technology Hardware and Equip. stocks.

Novatek Microelectro Stock performance

Finally, last moth Novatek Microelectro showed a return of -5.80% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 51.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Technology Hardware and Equip. firms.