Zhen Ding Technology Dividend yield

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

Zhen Ding Technology stock dividend

Zhen Ding Technology paid a total dividend of 5,682 million TWD last year, for a market value of 91,575 millions (Market Cap 60,975 millions). Zhen Ding Technology dividend per share is 6.00 TWD, and his stock market price 96.70 TWD.

According to the chart below, where dividend yield is displayed, Zhen Ding Technology has a dividend yield of 6.20%, 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 Zhen Ding Technology stocks dividend with other Electronic and Electrical Equipment companies or other of the highest Taiwan dividend stocks list.

Zhen Ding Technology Dividend Payout

About the ability of Zhen Ding Technology to maintain his current dividend of TWD 6.00 per share, an amount that accounts for 6.20%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Zhen Ding Technology payout on ernings is currently 39.09%, which is lower than the market average, but higher than companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Zhen Ding Technology 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 Zhen Ding Technology is TWD 48.35 per share, which is higher than the dividend per share paid by the company of TWD 6.00, so the company generates enough cash to maintain his dividend in the future.

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

Zhen Ding Technology Dividend History

Below you will find a table with the historical evolution of Zhen Ding 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	6.20%	6.00	39.09%	947
2022	4.76%	5.00	47.13%	947
2021	4.48%	4.50	51.02%	947
2020	3.95%	4.50	47.77%	947

*In millions

Zhen Ding Technology Stock performance

Finally, last moth Zhen Ding Technology showed a return of -7.90% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -15.20% 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.