Novatek Microelectro Dividend yield




   TWD/share 
 Price  426.50
 Dividend  15.61
 Earnings  64.62
 Cash-flow  68.79
 Book value  115.27
 Equity  91.27

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

Novatek Microelectro paid a total dividend of 9,506 million TWD last year, for a market value of 259,739 millions (Market Cap 243,958 millions). Dividend per share of Novatek Microelectro is 15.61 TWD, and his stock market price 426.50 TWD.

According to the chart below, where dividend yield is displayed, Novatek Microelectro has a dividend yield of 3.66%, 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 Novatek Microelectro dividend yield with other Technology Hardware and Equip. companies or firms from Taiwan.

Dividend yield of Novatek Microelectro

Novatek Microelectro Dividend Payout

About the ability of Novatek Microelectro to maintain his current dividend of TWD 15.61 per share, an amount that accounts for 3.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Novatek Microelectro payout on ernings is currently 24.16%, which is lower than the market average and companies of Technology industry, which are 38.25% and 35.85% respectively. Both figures lead us to believe that there is confidence that Novatek Microelectrocan maintain his current 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 Novatek Microelectro is TWD 68.79 per share, which is higher than the dividend per share paid by the company of TWD 15.61, so the company generates enough cash to maintain his dividend in the future.

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

Novatek Microelectro payout

Novatek Microelectro Dividend History

Year Yield  TWD  Paypout  Shares* 
Present3.66%15.6124.16%609
20212.89%15.5878.61%609
20202.85%10.5277.81%609
20194.02%8.8080.37%609
20185.00%7.1081.52%609
20176.17%7.0082.06%609
20168.49%9.0083.18%608
20158.44%10.0082.71%608

*In millions

Novatek Microelectro Stock performance

Finally, last moth Novatek Microelectro showed a return of -6.60% compared to a worldwide 1.12% average, and a 0.98% of Technology firms. Over the last year, the company obtained a -25.80% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Taiwan and Technology Hardware and Equip. firms.

Novatek Microelectro stock and market return