08-31-2023
TWD/share | |
Price | 118.00 |
Dividend | 8.79 |
Earnings | 15.13 |
Cash-flow | 25.11 |
Book value | 69.41 |
Equity | 64.38 |
ASE Industrial Holding is part of Technology Hardware and Equip. business, which is part of Technology industry. ASE Industrial Holding is a company from Taiwan, and his stocks are publicly traded.
ASE Industrial Holding stock dividend
ASE Industrial Holding paid a total dividend of 38,439 million TWD last year, for a market value of 516,014 millions (Market Cap 402,892 millions). ASE Industrial Holding dividend per share is 8.79 TWD, and his stock market price 118.00 TWD.
According to the chart below, where dividend yield is displayed, ASE Industrial Holding has a dividend yield of 7.45%, 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 ASE Industrial Holding stocks dividend with other Technology Hardware and Equip. companies or other of the high Taiwan dividend stocks list.
ASE Industrial Holding Dividend Payout
About the ability of ASE Industrial Holding to maintain his current dividend of TWD 8.79 per share, an amount that accounts for 7.45%, we should study its payout ratio both on earnings and on cash-flows (see chart below). ASE Industrial Holding payout on ernings is currently 58.10%, which is higher than the market average, and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that ASE Industrial Holding 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 ASE Industrial Holding is TWD 25.11 per share, which is higher than the dividend per share paid by the company of TWD 8.79, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of ASE Industrial Holding, compared againt world market average, Taiwan companies, Technology industry and Technology Hardware and Equip. sector companies.
ASE Industrial Holding Dividend History
Below you will find a table with the historical evolution of ASE Industrial Holding'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 | 7.45% | 8.79 | 58.10% | 4,373 |
2022 | 7.45% | 7.00 | 44.73% | 4,358 |
2021 | 3.94% | 4.20 | 58.74% | 4,379 |
2020 | 2.46% | 2.00 | 42.55% | 4,335 |
2019 | 3.00% | 2.50 | 39.06% | 4,323 |
2018 | 4.29% | 2.50 | 0.00% | 4,318 |
*In millions
ASE Industrial Holding Stock performance
Finally, last moth ASE Industrial Holding showed a return of 3.10% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 38.20% 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.