Synnex Technology In Dividend yield

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

Synnex Technology In stock dividend

Synnex Technology In paid a total dividend of 5,838 million TWD last year, for a market value of 101,915 millions (Market Cap 82,701 millions). Synnex Technology In dividend per share is 3.50 TWD, and his stock market price 61.10 TWD.

According to the chart below, where dividend yield is displayed, Synnex Technology In has a dividend yield of 5.73%, 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 Synnex Technology In stocks dividend with other Technology Hardware and Equip. companies or other of the high Taiwan dividend stocks list.

Synnex Technology In Dividend Payout

About the ability of Synnex Technology In to maintain his current dividend of TWD 3.50 per share, an amount that accounts for 5.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Synnex Technology In payout on ernings is currently 37.23%, which is lower than the market average, but higher than companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that Synnex Technology In 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 Synnex Technology In is TWD -8.99 per share, which is lower than the dividend per share paid by the company of TWD 3.50, so the company does not generate enough cash to maintain his dividend in the future.

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

Synnex Technology In Dividend History

Below you will find a table with the historical evolution of Synnex Technology In'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	5.73%	3.50	37.23%	1,668
2022	8.45%	5.00	48.12%	1,668
2021	4.98%	3.30	67.35%	1,668
2020	5.53%	2.60	63.11%	1,668
2019	5.33%	2.00	50.13%	1,668
2018	6.04%	2.20	59.30%	1,668
2017	2.47%	1.00	33.78%	1,668
2016	4.38%	1.43	73.71%	1,660
2015	10.43%	3.30	103.13%	1,581

*In millions

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

Synnex Technology In Stock performance

Finally, last moth Synnex Technology In showed a return of 3.20% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 9.50% 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.