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Yang Ming Marine Transport (TPE:2609) Forward Dividend Yield % : 38.61% (As of Apr. 27, 2024)


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What is Yang Ming Marine Transport Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Yang Ming Marine Transport is 38.61%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Yang Ming Marine Transport is 38.61%.

TPE:2609's Forward Dividend Yield % is ranked better than
99.52% of 625 companies
in the Transportation industry
Industry Median: 3.21 vs TPE:2609: 38.61

Yang Ming Marine Transport's Dividends per Share for the three months ended in Dec. 2023 was NT$0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Yang Ming Marine Transport was 11.20% per year. The lowest was -59.50% per year. And the median was -24.15% 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 Yang Ming Marine Transport's Forward Dividend Yield %

For the Marine Shipping subindustry, Yang Ming Marine Transport'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.


Yang Ming Marine Transport's Forward Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yang Ming Marine Transport's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Yang Ming Marine Transport's Forward Dividend Yield % falls into.



Yang Ming Marine Transport Forward Dividend Yield % Calculation

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

Yang Ming Marine Transport Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 20.0002023-07-042023-07-052023-08-03Cash 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.

Yang Ming Marine Transport's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=20/51.80
=38.61 %

Current Share Price is NT$51.80.
Yang Ming Marine Transport's Dividends per Share for the forward twelve months is calculated as NT$20 * 1 = NT$20.

Yang Ming Marine Transport's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=20/51.80
=38.61 %

Current Share Price is NT$51.80.
Yang Ming Marine Transport's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$20.

* 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.


Yang Ming Marine Transport  (TPE:2609) 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.


Yang Ming Marine Transport Forward Dividend Yield % Related Terms

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Yang Ming Marine Transport (TPE:2609) Business Description

Traded in Other Exchanges
N/A
Address
No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206
Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.

Yang Ming Marine Transport (TPE:2609) Headlines

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