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Tex Year Industries Co (TPE:4720) Forward Dividend Yield % : 1.16% (As of Apr. 30, 2024)


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What is Tex Year Industries Co Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Tex Year Industries Co is 1.16%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Tex Year Industries Co is 1.16%.

TPE:4720's Forward Dividend Yield % is ranked worse than
66.99% of 1039 companies
in the Chemicals industry
Industry Median: 2.03 vs TPE:4720: 1.16

Tex Year Industries Co's Dividends per Share for the three months ended in Sep. 2023 was NT$0.20.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tex Year Industries Co was 47.90% per year. The lowest was -46.70% per year. And the median was 7.95% 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 Tex Year Industries Co's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Tex Year Industries Co'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.


Tex Year Industries Co's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Forward Dividend Yield % falls into.



Tex Year Industries Co Forward Dividend Yield % Calculation

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

Tex Year Industries Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 0.2000002023-08-042023-08-042023-08-30Cash 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.

Tex Year Industries Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/17.25
=1.16 %

Current Share Price is NT$17.25.
Tex Year Industries Co's Dividends per Share for the forward twelve months is calculated as NT$0.2 * 1 = NT$0.2.

Tex Year Industries Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.2/17.25
=1.16 %

Current Share Price is NT$17.25.
Tex Year Industries Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$0.2.

* 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.


Tex Year Industries Co  (TPE:4720) 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.


Tex Year Industries Co Forward Dividend Yield % Related Terms

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Tex Year Industries Co (TPE:4720) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248
Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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