GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tao Heung Holdings Ltd (HKSE:00573) » Definitions » 3-Year Dividend Growth Rate

Tao Heung Holdings (HKSE:00573) 3-Year Dividend Growth Rate : 19.70% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Tao Heung Holdings 3-Year Dividend Growth Rate?

Tao Heung Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.03.

The historical rank and industry rank for Tao Heung Holdings's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:00573' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -32.7   Med: -1.4   Max: 55.9
Current: 19.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tao Heung Holdings was 55.90% per year. The lowest was -32.70% per year. And the median was -1.40% per year.

HKSE:00573's 3-Year Dividend Growth Rate is ranked better than
67.96% of 103 companies
in the Restaurants industry
Industry Median: 9.1 vs HKSE:00573: 19.70

During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -9.70% 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.

Tao Heung Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.79. As of today, Tao Heung Holdings's Dividend Yield % is 8.33%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tao Heung Holdings Ltd is 0.73, which seems too high.

Good Sign:

Tao Heung Holdings Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Tao Heung Holdings's 3-Year Dividend Growth Rate

For the Restaurants subindustry, Tao Heung Holdings's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-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.


Tao Heung Holdings's 3-Year Dividend Growth Rate Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tao Heung Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tao Heung Holdings's 3-Year Dividend Growth Rate falls into.



Tao Heung Holdings 3-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 expontential compound based on the latest four year annual data.

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.


Tao Heung Holdings  (HKSE:00573) 3-Year Dividend Growth Rate Explanation

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

Tao Heung Holdings'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 )
=0.03/ 0.038
=0.79

During the past 13 years, the highest Dividend Payout Ratio of Tao Heung Holdings was 1.31. The lowest was 0.61. And the median was 0.74.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tao Heung Holdings Ltd is 0.73, which seems too high.

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

Tao Heung Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0300002023-10-052023-10-092023-10-18Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0300002023-06-062023-06-082023-06-21Cash Dividendsemi-annuallyHKD:HKD 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.

Tao Heung Holdings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.06/0.72
=8.33 %

Current Share Price is HK$0.72.
Tao Heung Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.06.

During the past 13 years, the highest Dividend Yield of Tao Heung Holdings was 14.63%. The lowest was 2.10%. And the median was 6.82%.

Good Sign:

Tao Heung Holdings Ltd stock dividend yield is close to 3-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.


Tao Heung Holdings 3-Year Dividend Growth Rate Related Terms>


Tao Heung Holdings (HKSE:00573) Business Description

Traded in Other Exchanges
Address
Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.
Executives
Chung Wai Ping 2101 Beneficial owner
Billion Era International Limited
Sapphire Skye Holdings Limited
Tin Tao Investments Limited
Zedra Trust Company (singapore) Limited
Joy Mount Investments Limited
Whole Gain Holdings Limited
Wong Ka Wing
Perfect Plan International Limited
Café De Coral Development Limited
Café De Coral Holdings Limited

Tao Heung Holdings (HKSE:00573) Headlines

No Headlines