X-legend Entertainment stock dividend – X-Legend Entertainment Co. Ltd. Announces 0.5 Cash Dividend
June 12, 2023
☀️Dividends Yield
On June 1, 2023, X-Legend Entertainment Co. Ltd. announced a 0.5 cash dividend to its shareholders. X-LEGEND ENTERTAINMENT ($TWSE:4994) has been issuing annual dividends of 1.5, 1.5, and 3.0 TWD over the last 3 years, with corresponding dividend yields of 3.27%, 3.27%, and 4.89%. This average dividend yield of 3.81% makes X-LEGEND ENTERTAINMENT an attractive choice for investors seeking dividend stocks. The ex-dividend date for this latest payout has been set for June 16, 2023. This decision is a sign of X-LEGEND ENTERTAINMENT’s commitment to rewarding shareholders with steady dividend returns.
Market Price
The announcement came after the stock opened at NT$46.6 and closed at NT$47.3, up by 1.5% from the previous closing price of 46.6. This is a welcome move for shareholders as they are likely to benefit from the company’s strong financial position and prospects. With the dividend, X-LEGEND ENTERTAINMENT Co. Ltd. is also expected to attract more investors to its stable stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for X-legend Entertainment. More…
| Total Revenues | Net Income | Net Margin |
| 1.69k | 42.4 | 2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for X-legend Entertainment. More…
| Operations | Investing | Financing |
| -103.38 | -16.18 | -65.83 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for X-legend Entertainment. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.07k | 515.63 | 13.67 |
Key Ratios Snapshot
Some of the financial key ratios for X-legend Entertainment are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -22.8% | -54.2% | 3.3% |
| FCF Margin | ROE | ROA |
| -6.9% | 2.2% | 1.7% |
Analysis
At GoodWhale, we have conducted an analysis of X-LEGEND ENTERTAINMENT‘s wellbeing and have assigned them a Risk Rating of medium, indicating that they are a reasonably safe investment. We have looked at both their financial and business aspects and, while we have not found any major issues, there are two risk warnings that we have detected in their income sheet and balance sheet. Register with GoodWhale to find out more information about these risk warnings. More…
Peers
The company is in direct competition with other gaming companies like Cayenne Entertainment Technology Co Ltd, International Games System Co Ltd, and 7Seas Entertainment Ltd. All of these companies offer unique and exciting gaming experiences to their customers.
– Cayenne Entertainment Technology Co Ltd ($TPEX:4946)
Cayenne Entertainment Technology Co Ltd is a multinational entertainment technology company that specializes in providing music, audio, and video products and services. The company has a market capitalization of 492.86M as of 2023 and a Return on Equity of -118.06%. Despite its negative ROE, the company’s market cap is still relatively healthy, indicating that investors are still willing to invest in it. The company has a wide variety of products and services such as music streaming, music production, video production, and audio engineering services. The company has a large number of customers around the world and continues to invest in new technologies and services to expand its business.
– International Games System Co Ltd ($TPEX:3293)
International Games System Co Ltd is a leading global video games company, focused on the development and distribution of interactive entertainment products. Its market cap of 86.8B as of 2023 reflects the company’s success in the gaming field, as it has become an industry leader in developing and distributing video game titles. The company’s Return on Equity (ROE) has also been quite impressive, at 36.71%. This indicates that International Games System Co Ltd has been able to make strong use of their capital in order to generate strong returns.
– 7Seas Entertainment Ltd ($BSE:540874)
7Seas Entertainment Ltd is a digital media and entertainment company that specializes in the development and distribution of interactive story-driven mobile games and interactive video experiences. The company has a market cap of 392.02M as of 2023. This means that the company’s stock is being valued at around 392 million dollars. Its Return on Equity (ROE) is -36.51%, which means that the company is incurring a staggering loss on its investments. The negative ROE suggests that the company may be experiencing financial difficulty and may be in need of financial guidance.
Summary
X-LEGEND ENTERTAINMENT is an attractive stock option for investors who are looking for dividend stocks, as its average dividend yield of 3.81% over the last three years has been consistent. The company has issued annual dividends of 1.5 TWD, 1.5 TWD and 3.0 TWD over this period, which have generated respective dividend yields of 3.27%, 3.27% and 4.89%. With a relatively high dividend yield and consistent performance, X-LEGEND ENTERTAINMENT remains a viable investment choice.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
