08-31-2023
TWD/share | |
Price | 106.50 |
Dividend | 70.00 |
Earnings | 152.14 |
Cash-flow | 213.00 |
Book value | 266.25 |
Equity | 199.92 |
Evergreen Marine is part of Industrial Transportation business, which is part of Industrials industry. Evergreen Marine is a company from Taiwan, and his stocks are publicly traded.
Evergreen Marine stock dividend
Evergreen Marine paid a total dividend of 148,120 million TWD last year, for a market value of 225,354 millions (Market Cap 107,064 millions). Evergreen Marine dividend per share is 70.00 TWD, and his stock market price 106.50 TWD.
According to the chart below, where dividend yield is displayed, Evergreen Marine has a dividend yield of 65.73%, 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 Evergreen Marine stocks dividend with other Industrial Transportation companies or other of the highest Taiwan dividend stocks list.
Evergreen Marine Dividend Payout
About the ability of Evergreen Marine to maintain his current dividend of TWD 70.00 per share, an amount that accounts for 65.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Evergreen Marine payout on ernings is currently 46.01%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Evergreen Marine 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 Evergreen Marine is TWD 213.00 per share, which is higher than the dividend per share paid by the company of TWD 70.00, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Evergreen Marine, compared againt world market average, Taiwan companies, Industrials industry and Industrial Transportation sector companies.
Evergreen Marine Dividend History
Below you will find a table with the historical evolution of Evergreen Marine'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 | 65.73% | 70.00 | 46.01% | 2,116 |
2022 | 27.61% | 45.00 | 38.65% | 2,116 |
2021 | 1.74% | 2.48 | 53.22% | 5,291 |
2020 | 0.00% | 0.00 | 0.00% | 4,813 |
2019 | 1.38% | 0.17 | 0.00% | 4,813 |
2018 | 1.51% | 0.18 | 11.46% | 4,513 |
2017 | 0.00% | 0.00 | 0.00% | 3,912 |
2016 | 0.82% | 0.10 | -7.94% | 3,508 |
2015 | 0.76% | 0.10 | 29.41% | 3,508 |
*In millions
Then you can see the evolution of Evergreen Marine dividend stock, and compare it with the average of Taiwan stocks and that of the Industrial Transportation stocks.
Evergreen Marine Stock performance
Finally, last moth Evergreen Marine showed a return of 2.40% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -47.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Industrial Transportation firms.