Taiwan Cement Dividend yield




   TWD/share 
 Price  33.65
 Dividend  0.91
 Earnings  2.90
 Cash-flow  3.09
 Book value  28.04
 Equity  28.16

Taiwan Cement is part of Construction and Materials business, which is part of Industrials industry. Taiwan Cement is a company from Taiwan, and his stocks are publicly traded.

Taiwan Cement paid a total dividend of 6,512 million TWD last year, for a market value of 240,799 millions (Market Cap 212,478 millions). Dividend per share of Taiwan Cement is 0.91 TWD, and his stock market price 33.65 TWD.

According to the chart below, where dividend yield is displayed, Taiwan Cement has a dividend yield of 2.70%, lower than the amount offered by both the market average and companies from Taiwan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Taiwan Cement dividend yield with other Construction and Materials companies or firms from Taiwan.

Dividend yield of Taiwan Cement

Taiwan Cement Dividend Payout

About the ability of Taiwan Cement to maintain his current dividend of TWD 0.91 per share, an amount that accounts for 2.70%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Taiwan Cement payout on ernings is currently 31.38%, which is lower than the market average and companies of Industrials industry, which are 41.22% and 36.57% respectively. Both figures lead us to believe that there is confidence that Taiwan Cementcan 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 Taiwan Cement is TWD 3.09 per share, which is higher than the dividend per share paid by the company of TWD 0.91, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Taiwan Cement, compared againt world market average, Taiwan companies, Industrials industry and Construction and Materials sector companies.

Taiwan Cement payout

Taiwan Cement Dividend History

Year Yield  TWD  Paypout  Shares* 
Present2.70%0.9131.38%7,156
20217.02%3.3780.82%6,124
20205.51%2.3855.61%5,739
20197.07%3.0978.43%5,466
20183.83%1.3687.18%5,108
20173.98%1.4591.19%4,247
20163.61%1.3379.17%3,692
20158.46%2.4981.91%3,692

*In millions

Taiwan Cement Stock performance

Finally, last moth Taiwan Cement showed a return of -0.70% compared to a worldwide -2.30% average, and a -3.75% of Industrials firms. Over the last year, the company obtained a -22.90% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Taiwan and Construction and Materials firms.

Taiwan Cement stock and market return