GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shinkong Synthetic Fiber Corp (TPE:1409) » Definitions » 5-Year Dividend Growth Rate

Shinkong Synthetic Fiber (TPE:1409) 5-Year Dividend Growth Rate : 17.50% (As of Mar. 2024)


View and export this data going back to 1973. Start your Free Trial

What is Shinkong Synthetic Fiber 5-Year Dividend Growth Rate?

Shinkong Synthetic Fiber's Dividends per Share for the three months ended in Mar. 2024 was NT$0.00.

During the past 12 months, Shinkong Synthetic Fiber's average Dividends Per Share Growth Rate was -28.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shinkong Synthetic Fiber was 50.40% per year. The lowest was -11.30% per year. And the median was 17.65% per year.

Shinkong Synthetic Fiber's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shinkong Synthetic Fiber's Dividend Yield % is 6.10%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shinkong Synthetic Fiber Corp is 1.53, which seems too high.

Warning Sign:

Shinkong Synthetic Fiber Corp stock dividend yield is close to 2-year low.

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


Competitive Comparison of Shinkong Synthetic Fiber's 5-Year Dividend Growth Rate

For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


Shinkong Synthetic Fiber's 5-Year Dividend Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Synthetic Fiber's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shinkong Synthetic Fiber's 5-Year Dividend Growth Rate falls into.



Shinkong Synthetic Fiber 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Shinkong Synthetic Fiber  (TPE:1409) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Shinkong Synthetic Fiber's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.218
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Shinkong Synthetic Fiber was 2.28. The lowest was 0.33. And the median was 0.58.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shinkong Synthetic Fiber Corp is 1.53, which seems too high.

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

Shinkong Synthetic Fiber Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 1.0000002023-08-312023-09-012023-09-27Cash DividendannuallyTWD:TWD 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.

Shinkong Synthetic Fiber's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/16.40
=6.10 %

Current Share Price is NT$16.40.
Shinkong Synthetic Fiber's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$1.

During the past 13 years, the highest Dividend Yield of Shinkong Synthetic Fiber was 9.33%. The lowest was 1.82%. And the median was 4.09%.

Warning Sign:

Shinkong Synthetic Fiber Corp stock dividend yield is close to 2-year low.

* 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.


Shinkong Synthetic Fiber 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Shinkong Synthetic Fiber's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Shinkong Synthetic Fiber (TPE:1409) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp is a Taiwan-based company that is principally engaged in the production and distribution of chemical fiber products and plastic products. The company's chemical fiber products include polyester staple fibers, polyester filaments, industrial yarn, draw textured yarn, and others. The plastic products consist of polyester resin, bottle grade resin, PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. The company generates the majority of its total revenue from chemical fiber products and plastic products. The company mainly conducts operations in Asia and Europe and generates the majority of its total revenue from the Asia market.

Shinkong Synthetic Fiber (TPE:1409) Headlines

No Headlines