Chang Hwa Commercial Dividend yield




   TWD/share 
 Price  19.15
 Dividend  0.36
 Earnings  0.86
 Cash-flow  1.45
 Book value  15.96
 Equity  15.93

Chang Hwa Commercial is part of Banks business, which is part of Financials industry. Chang Hwa Commercial is a company from Taiwan, and his stocks are publicly traded.

Chang Hwa Commercial paid a total dividend of 3,776 million TWD last year, for a market value of 200,864 millions (Market Cap 125,575 millions). Dividend per share of Chang Hwa Commercial is 0.36 TWD, and his stock market price 19.15 TWD.

According to the chart below, where dividend yield is displayed, Chang Hwa Commercial has a dividend yield of 1.86%, lower than the amount offered by both the market average and companies from Taiwan. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Chang Hwa Commercial dividend yield with other Banks companies or firms from Taiwan.

Dividend yield of Chang Hwa Commercial

Chang Hwa Commercial Dividend Payout

About the ability of Chang Hwa Commercial to maintain his current dividend of TWD 0.36 per share, an amount that accounts for 1.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Chang Hwa Commercial payout on ernings is currently 41.86%, which is higher than the market average, and companies of Financials industry, which are 38.25% and 41.38% respectively. Both figures show that Chang Hwa Commercial 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 Chang Hwa Commercial is TWD 1.45 per share, which is higher than the dividend per share paid by the company of TWD 0.36, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Chang Hwa Commercial, compared againt world market average, Taiwan companies, Financials industry and Banks sector companies.

Chang Hwa Commercial payout

Chang Hwa Commercial Dividend History

Year Yield  TWD  Paypout  Shares* 
Present1.86%0.3641.86%10,489
20212.10%0.3652.17%10,489
20202.14%0.3833.33%10,385
20192.76%0.6348.84%9,985
20182.52%0.4334.13%9,790
20172.42%0.4030.77%9,413
20161.94%0.3325.19%8,965
20151.17%0.1914.62%8,457

*In millions

Chang Hwa Commercial Stock performance

Finally, last moth Chang Hwa Commercial showed a return of 8.20% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a 10.20% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Taiwan and Banks firms.

Chang Hwa Commercial stock and market return