United Microelectronics Corporation
UMCTechnology · Stock · annual payer
Forward Yield
1.94%
Annual Dividend
$0.41
Payout Ratio
71%
5-Yr Growth
28.8%
Ex-Date
Jul 8, 2026
Frequency
Annual
Summary
As of July 2026, United Microelectronics Corporation (UMC) yields 1.94% ($0.41 per share annually), with a blended fair-value estimate of $13.48 — -37% downside, so it screens as overvalued. Dividend safety grade: C (57/100). 1 years of dividend growth.
Is UMC a good dividend stock?
MixedUnited Microelectronics Corporation (UMC) pays a annual dividend yielding 1.94% ($0.41/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 28.8% 5-yr dividend growth
- 87% total price return over 5 years
Risks
- Cut its dividend in 2024
Key Data
- Dividend Yield
- 1.94%
- Payout Ratio
- 71%
- Annual Dividend
- $0.41
- 5-Yr Avg Growth
- 28.8%
- Ex-Dividend Date
- Jul 8, 2026
- Years of Growth
- 1
- Frequency
- annual
- Beta
- 1.57
- Market Cap
- $50.9B
- P/E Ratio
- 34.4
- 5-Yr Total Return
- 87%
- 52-Week Range
- $6.56 – $28.96
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
UMC Price — Last 12 Months
Daily close
Price Return
1 Year
+223%
3 Years
+196%
5 Years
+87%
52-Week Range
$6.56 – $28.96
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is UMC worth?
Overvaluedlow confidenceOur blended fair-value estimate for United Microelectronics Corporation is $13.48 per share, versus a market price of $21.25. That implies 37% of downside.
Fair Value
$13.48
Current Price
$21.25
Downside
-37%
Margin of Safety
-58%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 12.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.62 EPS, $0.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
UMC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 8, 2026 | — | $0.4120 | regular |
| Jun 24, 2025 | — | $0.4830 | regular |
| Jul 2, 2024 | — | $0.4630 | regular |
| Jun 26, 2023 | — | $0.5860 | regular |
| Jun 21, 2022 | — | $0.5170 | regular |
| Jul 21, 2021 | — | $0.2850 | regular |
| Jul 14, 2020 | — | $0.1360 | regular |
| Jul 15, 2019 | — | $0.0940 | regular |
| Jul 9, 2018 | — | $0.1180 | regular |
| Jul 11, 2017 | — | $0.0830 | regular |
| Jul 12, 2016 | — | $0.0880 | regular |
| Jul 14, 2015 | — | $0.0890 | regular |
| Jul 7, 2014 | — | $0.0830 | regular |
| Jul 8, 2013 | — | $0.0680 | regular |
Income Calculator
At $0.41 / yr per share
