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Taitron Components (Taitron Components) 5-Year Dividend Growth Rate : 13.80% (As of Dec. 2023)


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What is Taitron Components 5-Year Dividend Growth Rate?

Taitron Components's Dividends per Share for the three months ended in Dec. 2023 was $0.05.

During the past 12 months, Taitron Components's average Dividends Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.80% 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 Taitron Components was 18.60% per year. The lowest was 11.30% per year. And the median was 14.00% per year.

Taitron Components's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.67. As of today, Taitron Components's Dividend Yield % is 6.31%.

Good Sign:

Taitron Components Inc stock dividend yield is close to 5-year high.

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


Competitive Comparison of Taitron Components's 5-Year Dividend Growth Rate

For the Electronics & Computer Distribution subindustry, Taitron Components'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.


Taitron Components's 5-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taitron Components's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Taitron Components's 5-Year Dividend Growth Rate falls into.



Taitron Components 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.


Taitron Components  (NAS:TAIT) 5-Year Dividend Growth Rate Explanation

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

Taitron Components's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.05/ 0.03
=1.67

During the past 13 years, the highest Dividend Payout Ratio of Taitron Components was 0.72. The lowest was 0.34. And the median was 0.63.

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

Taitron Components Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0502024-02-152024-02-162024-02-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-11-092023-11-102023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-08-102023-08-112023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-05-112023-05-122023-05-31Cash DividendquarterlyUSD: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.

Taitron Components's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/3.17
=6.31 %

Current Share Price is $3.17.
Taitron Components's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2.

During the past 13 years, the highest Dividend Yield of Taitron Components was 8.85%. The lowest was 1.77%. And the median was 4.93%.

Good Sign:

Taitron Components Inc stock dividend yield is close to 5-year high.

* 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.


Taitron Components 5-Year Dividend Growth Rate Related Terms

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


Taitron Components (Taitron Components) Business Description

Traded in Other Exchanges
N/A
Address
28040 West Harrison Parkway, Valencia, CA, USA, 91355
Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.
Executives
Chi-lin Chung director 28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller director 15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst officer: CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang director, 10 percent owner, officer: President, CEO, CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku director, 10 percent owner, officer: Chairman C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang director 28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung director C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355

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