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Provision Information Co (ROCO:6590) Dividend Yield % : 5.65% (As of May. 16, 2024)


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What is Provision Information Co Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of Provision Information Co is 5.65%.

Good Sign:

Provision Information Co Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Provision Information Co's Dividend Yield % or its related term are showing as below:

ROCO:6590' s Dividend Yield % Range Over the Past 10 Years
Min: 2.43   Med: 5.16   Max: 9.98
Current: 5.65

During the past 11 years, the highest Dividend Yield of Provision Information Co was 9.98%. The lowest was 2.43%. And the median was 5.16%.

ROCO:6590's Dividend Yield % is ranked better than
93.04% of 934 companies
in the Software industry
Industry Median: 1.665 vs ROCO:6590: 5.65

Provision Information Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 5.25.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Provision Information Co Ltd is 1.01, which seems too high.

During the past 11 years, the highest Dividend Payout Ratio of Provision Information Co was 1.30. The lowest was 0.53. And the median was 0.78.

As of today (2024-05-16), the Forward Dividend Yield % of Provision Information Co is 5.65%.

Provision Information Co's Dividends per Share for the three months ended in Mar. 2024 was NT$5.00.

During the past 12 months, Provision Information Co's average Dividends Per Share Growth Rate was 31.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.70% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Provision Information Co was 44.50% per year. The lowest was 9.40% per year. And the median was 29.65% per year.

The growth rate is calculated with least square regression.

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


Provision Information Co Dividend Yield % Historical Data

The historical data trend for Provision Information Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Provision Information Co Dividend Yield % Chart

Provision Information Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 4.18 5.47 6.65 4.29

Provision Information Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.48 4.22 4.55 4.29 5.25

Competitive Comparison of Provision Information Co's Dividend Yield %

For the Software - Application subindustry, Provision Information Co's Dividend Yield %, along with its competitors' market caps and 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.


Provision Information Co's Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Provision Information Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Provision Information Co's Dividend Yield % falls into.



Provision Information Co Dividend Yield % Calculation

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

Provision Information Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 5.0000002024-03-212024-03-222024-04-19Cash 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.

Provision Information Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5/87.90
=5.69 %

Current Share Price is NT$87.90.
Provision Information Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$5.

Provision Information Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5/87.90
=5.69 %

Current Share Price is NT$87.90.
Provision Information Co's Dividends per Share for the forward twelve months is calculated as NT$5 * 1 = NT$5.

* 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.


Provision Information Co  (ROCO:6590) 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.


Provision Information Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Provision Information Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Provision Information Co (ROCO:6590) Business Description

Traded in Other Exchanges
N/A
Address
Jhongsiao East Road, 4th Floor, No. 560, Sec. 4, Taipei, TWN
Provision Information Co Ltd provides software application solutions. The company offers Payment solutions, Financial application solutions, Security solutions, and Outsourcing services. It provides platform such as Linux, Unix, Windows, AS/400, Mainframe to mainly financial industry clients.

Provision Information Co (ROCO:6590) Headlines

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