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Tung Ho Steel Enterprise (LUX:TNGHS) Forward Dividend Yield % : 5.85% (As of May. 05, 2024)


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What is Tung Ho Steel Enterprise Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of Tung Ho Steel Enterprise is 5.85%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of Tung Ho Steel Enterprise is 5.85%.

LUX:TNGHS's Forward Dividend Yield % is ranked better than
79.77% of 346 companies
in the Steel industry
Industry Median: 2.85 vs LUX:TNGHS: 5.85

Tung Ho Steel Enterprise's Dividends per Share for the three months ended in Mar. 2024 was $1.33.

During the past 12 months, Tung Ho Steel Enterprise's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tung Ho Steel Enterprise was 52.90% per year. The lowest was -29.90% per year. And the median was 2.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Tung Ho Steel Enterprise's Forward Dividend Yield %

For the Steel subindustry, Tung Ho Steel Enterprise's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tung Ho Steel Enterprise's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tung Ho Steel Enterprise's Forward Dividend Yield % falls into.



Tung Ho Steel Enterprise Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tung Ho Steel Enterprise Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3100002024-04-042024-04-052024-05-06Cash DividendannuallyUSD:USD 1.000000
USD 1.1390002023-05-192023-05-222023-05-26Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tung Ho Steel Enterprise's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.31/22.60
=5.80 %

Current Share Price is $22.60.
Tung Ho Steel Enterprise's Dividends per Share for the forward twelve months is calculated as $1.31 * 1 = $1.31.

Tung Ho Steel Enterprise's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.449/22.60
=10.84 %

Current Share Price is $22.60.
Tung Ho Steel Enterprise's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.449.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tung Ho Steel Enterprise  (LUX:TNGHS) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tung Ho Steel Enterprise Forward Dividend Yield % Related Terms

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Tung Ho Steel Enterprise (LUX:TNGHS) Business Description

Traded in Other Exchanges
Address
Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 10441
Tung Ho Steel Enterprise Corp is a Taiwan-based company that is primarily engaged in the manufacturing and distribution of steel products. The company's product portfolio includes rebar, which is primarily applied in building projects, including high-rises, factories, public construction, and social welfare initiatives; steel section, which is used in buildings (steel structures) and other construction projects (bridges, ships, vehicles, and so on); and steel plate, which is broadly utilized in factories, logistics warehouses, office and residential buildings, bridges, and other buildings. Rebar and steel section account for the majority of the company's revenue. The company generates most of its sales from the Taiwan domestic market.

Tung Ho Steel Enterprise (LUX:TNGHS) Headlines

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