United Microelectronics (UMC), a semiconductor wafer foundry, has recently announced its upcoming dividend payment of $0.59 per share with a record date of July 26, 2023, and an ex-dividend date of June 26, 2023. This represents an increase from the previous year's dividend of $0.52 per share, paid on July 21, 2022. For investors, understanding the dynamics of this dividend payment and how it interacts with the company's overall financial health can be vital.
The ex-dividend date set by UMC is critical as it determines who is entitled to receive the upcoming dividend. To break it down, if a stock is purchased on its ex-dividend date or after, the next dividend payment will not be received by the buyer. Instead, these dividends are repossessed by the seller. However, if stocks are purchased before the ex-dividend date, the buyer becomes entitled to the dividends.
In the case of UMC, an investor would need to buy shares before June 26, 2023, to qualify for the dividend payment in July.
The announcement of the $0.59 per share dividend, which is an impressive 13.46% increase from the last year's dividend, serves as an interesting point for analysis. This may suggest that the company is experiencing a strong financial position. The increasing dividends are typically seen as a sign of a company's robust financial health, indicating that it's generating enough profits to share them with its shareholders.
Analyzing this in the context of the latest earning results, we can infer that UMC might have had an upward trajectory in its financial performance over the year. The decision to increase the dividend, despite the tumultuous environment for many businesses, could reflect a resilient and profitable business model.
However, it's essential to note that while dividends can provide a steady income stream, they are just one factor to consider when investing. Other factors such as the company's earnings growth, P/E ratio, debt levels, and overall industry trends also play a significant role.
Overall, UMC's increased dividend reflects positively on the company's financial performance. However, investors should keep a watchful eye on the ex-dividend date and the company's overall financial indicators before making their investment decisions. As always, a holistic approach that considers multiple aspects of a company's financial health is key to successful investing.
The 10-day moving average for UMC crossed bullishly above the 50-day moving average on February 24, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UMC advanced for three days, in of 265 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 198 cases where UMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for UMC moved out of overbought territory on March 06, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where UMC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on March 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on UMC as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for UMC turned negative on March 21, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
UMC broke above its upper Bollinger Band on March 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.451) is normal, around the industry mean (10.011). P/E Ratio (11.679) is within average values for comparable stocks, (71.165). Projected Growth (PEG Ratio) (1.403) is also within normal values, averaging (2.417). UMC's Dividend Yield (0.069) is considerably higher than the industry average of (0.022). P/S Ratio (2.375) is also within normal values, averaging (35.899).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. UMC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufcaturer of micro chips, semiconductors, and components for liquid crystal display production
Industry Semiconductors