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Novatek Microelectronics (TPE:3034) 3-Year Dividend Growth Rate : 52.20% (As of Mar. 2024)


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What is Novatek Microelectronics 3-Year Dividend Growth Rate?

Novatek Microelectronics's Dividends per Share for the three months ended in Mar. 2024 was NT$0.00.

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

TPE:3034' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.9   Med: 3.8   Max: 80.2
Current: 52.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Novatek Microelectronics was 80.20% per year. The lowest was -12.90% per year. And the median was 3.80% per year.

TPE:3034's 3-Year Dividend Growth Rate is ranked better than
81.49% of 335 companies
in the Semiconductors industry
Industry Median: 18.3 vs TPE:3034: 52.20

During the past 12 months, Novatek Microelectronics's average Dividends Per Share Growth Rate was -28.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 52.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 49.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.90% 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.

Novatek Microelectronics's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Novatek Microelectronics's Dividend Yield % is 5.92%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Novatek Microelectronics Corp is 0.96, which seems too high.

Warning Sign:

Novatek Microelectronics Corp stock dividend yield is close to 1-year low.

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


Competitive Comparison of Novatek Microelectronics's 3-Year Dividend Growth Rate

For the Semiconductors subindustry, Novatek Microelectronics'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.


Novatek Microelectronics's 3-Year Dividend Growth Rate Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Novatek Microelectronics's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Novatek Microelectronics's 3-Year Dividend Growth Rate falls into.



Novatek Microelectronics 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.


Novatek Microelectronics  (TPE:3034) 3-Year Dividend Growth Rate Explanation

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

Novatek Microelectronics'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 )
=0/ 8.037
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Novatek Microelectronics was 1.12. The lowest was 0.25. And the median was 0.76.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Novatek Microelectronics Corp is 0.96, which seems too high.

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

Novatek Microelectronics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 37.0000002023-07-112023-07-122023-08-11Cash 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.

Novatek Microelectronics's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=37/618.00
=5.99 %

Current Share Price is NT$618.00.
Novatek Microelectronics's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$37.

During the past 13 years, the highest Dividend Yield of Novatek Microelectronics was 23.52%. The lowest was 1.68%. And the median was 4.76%.

Warning Sign:

Novatek Microelectronics Corp stock dividend yield is close to 1-year low.

* 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.


Novatek Microelectronics 3-Year Dividend Growth Rate Related Terms>


Novatek Microelectronics (TPE:3034) Business Description

Traded in Other Exchanges
N/A
Address
No.13, Innovation Road I, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30076
Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems. The firm generates the majority of its revenue from countries across Asia, and the rest comes from Taiwan and others.

Novatek Microelectronics (TPE:3034) Headlines

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