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Tung Ho Steel Enterprise (TPE:2006) 3-Year Dividend Growth Rate : 20.20% (As of Mar. 2024)


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What is Tung Ho Steel Enterprise 3-Year Dividend Growth Rate?

Tung Ho Steel Enterprise's Dividends per Share for the three months ended in Mar. 2024 was NT$4.20.

The historical rank and industry rank for Tung Ho Steel Enterprise's 3-Year Dividend Growth Rate or its related term are showing as below:

TPE:2006' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -29.9   Med: 2.2   Max: 52.9
Current: 20.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tung Ho Steel Enterprise was 52.90% per year. The lowest was -29.90% per year. And the median was 2.20% per year.

TPE:2006's 3-Year Dividend Growth Rate is ranked better than
53.95% of 215 companies
in the Steel industry
Industry Median: 14.5 vs TPE:2006: 20.20

During the past 12 months, Tung Ho Steel Enterprise's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% 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.

Tung Ho Steel Enterprise's Dividend Payout Ratio for the three months ended in Mar. 2024 was 2.80. As of today, Tung Ho Steel Enterprise's Dividend Yield % is 6.03%.

Good Sign:

Tung Ho Steel Enterprise Corp stock dividend yield is close to 1-year high.

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


Competitive Comparison of Tung Ho Steel Enterprise's 3-Year Dividend Growth Rate

For the Steel subindustry, Tung Ho Steel Enterprise'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.


Tung Ho Steel Enterprise's 3-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tung Ho Steel Enterprise's 3-Year Dividend Growth Rate falls into.



Tung Ho Steel Enterprise 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.


Tung Ho Steel Enterprise  (TPE:2006) 3-Year Dividend Growth Rate Explanation

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

Tung Ho Steel Enterprise's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=4.2/ 1.5
=2.80

During the past 13 years, the highest Dividend Payout Ratio of Tung Ho Steel Enterprise was 1.68. The lowest was 0.38. And the median was 0.81.

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

Tung Ho Steel Enterprise Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 4.2000002024-03-222024-03-252024-04-26Cash 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.

Tung Ho Steel Enterprise's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.2/69.60
=6.03 %

Current Share Price is NT$69.60.
Tung Ho Steel Enterprise's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$4.2.

During the past 13 years, the highest Dividend Yield of Tung Ho Steel Enterprise was 16.15%. The lowest was 2.28%. And the median was 5.60%.

Good Sign:

Tung Ho Steel Enterprise Corp stock dividend yield is close to 1-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.


Tung Ho Steel Enterprise 3-Year Dividend Growth Rate Related Terms>


Tung Ho Steel Enterprise (TPE:2006) Business Description

Traded in Other Exchanges
N/A
Address
Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 10441
Tung Ho Steel Enterprise Corp is a Taiwan-based company that is primarily engaged in the manufacturing and distribution of steel products. The company's product portfolio includes rebar, which is primarily applied in building projects, including high-rises, factories, public construction, and social welfare initiatives; steel section, which is used in buildings (steel structures) and other construction projects (bridges, ships, vehicles, and so on); and steel plate, which is broadly utilized in factories, logistics warehouses, office and residential buildings, bridges, and other buildings. Rebar and steel section account for the majority of the company's revenue. The company generates most of its sales from the Taiwan domestic market.

Tung Ho Steel Enterprise (TPE:2006) Headlines

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