ASE Technology Holding Co. Ltd. ADR (ASX) Dividends
Dividend Yield and Dividend History Highlights
- As for free cash flow, ASX has greater average cash flow over the past 5.01 years than 97.85% US-listed dividend payers.
- As for stocks whose price is uncorrelated with ASX's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: RKT, SBAC, CS, JKHY and OFED.
ASX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $9.88 | $1.44 | -80.16% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding ASE Technology Holding Co Ltd, the DDM model, as implemented by StockNews, implies a negative return of 80.16% relative to its current price. To help understand and contextualize the model's evaluation of ASX, investors may wish to consider are:
- ASX's annual revenue of 17 billion US dollars puts it in the large-sized revenue class; relative to suck stocks, its discount rate is lower than that of 95.24% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
- ASE Technology Holding Co Ltd has annual revenue of approximately $17 billion; this puts it in the large-sized revenue class -- where its dividend growth rate surpasses that of 8.72% of US-listed, dividend-issuing stocks in the same revenue class.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for ASX, approximately 3.88% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
ASX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-07-02 | Dividend | $0.23 | -45.88% |
| 2023-06-30 | Dividend | $0.43 | +21.78% |
| 2022-06-29 | Dividend | $0.35 | +60.83% |
| 2021-09-03 | Dividend | $0.22 | +146.59% |
| 2020-08-13 | Dividend | $0.09 | -16.98% |
| 2019-08-13 | Dividend | $0.11 | -- |
ASX Dividends vs. Peers
ASX's dividend yield currently ranks #83 of 127 vs. its peers in the Semiconductor & Wireless Chip category.