Elitegroup Computer Systems dividend yield calculator – ELITEGROUP COMPUTER SYSTEMS Declares 0.8 Cash Dividend

Dividends Yield

On March 15, 2023, ELITEGROUP COMPUTER SYSTEMS ($TWSE:2331) declared a cash dividend of 0.8 per share, marking the first dividend payout for the company in two years. This dividend yield of 4.32% is higher than the average dividend yield of 4.32% across the industry. Therefore, if you are an investor looking for dividend stocks, ELITEGROUP COMPUTER SYSTEMS could be an option to consider. The ex-dividend date for this dividend is March 30, 2023. It also signals confidence in the company’s future prospects, which could be attractive for investors who are looking for dividends as part of their investment strategy.

Furthermore, the dividend yields from 2022 to 2023 are estimated to be 4.32%, which could be attractive to investors seeking steady returns over the long-term. In conclusion, ELITEGROUP COMPUTER SYSTEMS could be a great stock to consider if you are an investor who is looking for dividend stocks. The company’s decision to declare a cash dividend of 0.8 per share signals financial strength and confidence in its future prospects, while the estimated dividend yields are estimated to be 4.32%, which could be attractive to long-term investors. With an ex-dividend date of March 30, 2023, it is worth considering ELITEGROUP COMPUTER SYSTEMS as an option for your dividend stock portfolio.

Share Price

The announcement had a positive effect on the stock, as it opened at NT$23.0 and closed at NT$22.9, up by 0.2% from the previous closing price of NT$22.8. This dividend declaration is a sign of commitment to investors, as the company is rewarding its shareholders with a financial return on their investment. It is also a sign of ELITEGROUP COMPUTER SYSTEMS’ sound financial status and its growth potential, which was reflected in the stock price increase. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Elitegroup Computer Systems. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Elitegroup Computer Systems. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Elitegroup Computer Systems. More…

Key Ratios Snapshot

Some of the financial key ratios for Elitegroup Computer Systems are shown below. More…

Analysis – Elitegroup Computer Systems Stock Fair Value

At GoodWhale, we provide a comprehensive analysis of ELITEGROUP COMPUTER SYSTEMS’s financials. Through our proprietary Valuation Line, we have calculated the fair value of ELITEGROUP COMPUTER SYSTEMS share to be around NT$21.2. Currently, the stock is trading at NT$22.9, which is a fair price but is overvalued by 8.0%. More…

Peers

The competition between Elitegroup Computer Systems Co Ltd and its competitors, BISON Electronics Inc, Sintrones Technology Corp, and Gigabyte Technology Co Ltd, is fierce. Elitegroup Computer Systems Co Ltd has been a major player in the computer industry for many years, and its competitors have consistently sought to outdo each other in terms of innovation and product offerings. As a result, the competition between these companies is intense, with each striving to stay ahead of the competition and offer the best products and services to their customers.

– BISON Electronics Inc ($TPEX:3659)

BISON Electronics Inc is a leading global supplier of electronic components and systems. Founded in 2017, the company designs and manufactures a wide range of products including communications, data storage, computing, and industrial automation. As of 2023, BISON Electronics Inc had a market capitalization of 968.81 million dollars and a return on equity of 13.04%. This suggests that the company has been able to generate profits from its investments in the past year and is likely to continue doing so in the future. In addition, its market cap indicates that it is well established in the industry and has been able to maintain a strong presence in the market.

– Sintrones Technology Corp ($TPEX:6680)

Sintrones Technology Corp is a global leader in industrial computing solutions, providing innovative products and services for mission-critical applications across a wide range of industries. The company has a market capitalization of 1.36B as of 2023, indicating that the company’s stock is highly valued by investors. Additionally, Sintrones Technology Corp has a Return on Equity of 13.36%, which is a measure of profitability that indicates the company’s ability to generate profits with the money provided by shareholders. This suggests that the company is highly efficient in the use of its assets and is able to generate solid returns on investments.

– Gigabyte Technology Co Ltd ($TWSE:2376)

Gigabyte Technology Co Ltd is a global leader in the design and manufacturing of IT hardware, specializing in motherboards, graphics cards, PC components, laptops and other computer peripherals. As of 2023, the company has a market capitalization of over 76.2 billion dollars, indicating its strong presence in the tech industry. The company has a return on equity of 14.97%, which is an impressive number for a technology company. The return on equity reflects Gigabyte’s commitment to efficiency and profitability, and shows why it is a leader in its field.

Summary

Investing in ELITEGROUP COMPUTER SYSTEMS may be a good option for those looking for a long-term return on their investment. Although the company has not declared any dividends for the past two years, the projected dividend yield for 2022 to 2023 is a healthy 4.32%. This makes ELITEGROUP COMPUTER SYSTEMS an attractive investment option considering the current market conditions.

Furthermore, the long-term average dividend yields indicate a reliable and steady return on investment. Investors looking for steady returns should thus consider investing in ELITEGROUP COMPUTER SYSTEMS.