Taiwan Glass Industr Dividend yield




   TWD/share 
 Price  21.25
 Dividend  1.82
 Earnings  3.94
 Cash-flow  3.60
 Book value  19.32
 Equity  16.77

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

Taiwan Glass Industr paid a total dividend of 5,293 million TWD last year, for a market value of 61,795 millions (Market Cap 34,334 millions). Dividend per share of Taiwan Glass Industr is 1.82 TWD, and his stock market price 21.25 TWD.

According to the chart below, where dividend yield is displayed, Taiwan Glass Industr has a dividend yield of 8.56%, 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 Taiwan Glass Industr dividend yield with other Construction and Materials companies or firms from Taiwan.

Dividend yield of Taiwan Glass Industr

Taiwan Glass Industr Dividend Payout

About the ability of Taiwan Glass Industr to maintain his current dividend of TWD 1.82 per share, an amount that accounts for 8.56%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Taiwan Glass Industr payout on ernings is currently 46.19%, which is higher than the market average, and companies of Industrials industry, which are 41.22% and 36.57% respectively. Both figures show that Taiwan Glass Industr 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 Taiwan Glass Industr is TWD 3.60 per share, which is higher than the dividend per share paid by the company of TWD 1.82, 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 Glass Industr, compared againt world market average, Taiwan companies, Industrials industry and Construction and Materials sector companies.

Taiwan Glass Industr payout

Taiwan Glass Industr Dividend History

Year Yield  TWD  Paypout  Shares* 
Present8.56%1.8246.19%2,908
20211.87%0.5058.82%2,908
20200.00%0.000.00%2,908
20192.63%0.3078.95%2,908
20183.88%0.5067.57%2,908
20170.00%0.000.00%2,908
20160.00%0.000.00%2,828
20150.00%0.000.00%2,378

*In millions

Taiwan Glass Industr Stock performance

Finally, last moth Taiwan Glass Industr showed a return of -8.60% compared to a worldwide -2.30% average, and a -3.75% of Industrials firms. Over the last year, the company obtained a -20.60% 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 Glass Industr stock and market return