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Radiant Opto-Electronics (TPE:6176) 3-Year Dividend Growth Rate : 7.70% (As of Mar. 2024)


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What is Radiant Opto-Electronics 3-Year Dividend Growth Rate?

Radiant Opto-Electronics's Dividends per Share for the three months ended in Mar. 2024 was NT$0.00.

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

TPE:6176' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -21.3   Med: 7.7   Max: 57.9
Current: 7.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Radiant Opto-Electronics was 57.90% per year. The lowest was -21.30% per year. And the median was 7.70% per year.

TPE:6176's 3-Year Dividend Growth Rate is ranked worse than
62.12% of 887 companies
in the Hardware industry
Industry Median: 13.7 vs TPE:6176: 7.70

During the past 12 months, Radiant Opto-Electronics's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% 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.

Radiant Opto-Electronics's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Radiant Opto-Electronics's Dividend Yield % is 5.12%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Radiant Opto-Electronics Corp is 0.72, which seems too high.

Warning Sign:

Radiant Opto-Electronics Corp stock dividend yield is close to 5-year low.

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


Competitive Comparison of Radiant Opto-Electronics's 3-Year Dividend Growth Rate

For the Electronic Components subindustry, Radiant Opto-Electronics'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.


Radiant Opto-Electronics's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Radiant Opto-Electronics's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Radiant Opto-Electronics's 3-Year Dividend Growth Rate falls into.



Radiant Opto-Electronics 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.


Radiant Opto-Electronics  (TPE:6176) 3-Year Dividend Growth Rate Explanation

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

Radiant Opto-Electronics'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/ 4.138
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Radiant Opto-Electronics was 0.93. The lowest was 0.45. And the median was 0.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Radiant Opto-Electronics Corp is 0.72, which seems too high.

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

Radiant Opto-Electronics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 10.0002023-06-272023-06-282023-07-21Cash 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.

Radiant Opto-Electronics's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=10/195.50
=5.12 %

Current Share Price is NT$195.50.
Radiant Opto-Electronics's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$10.

During the past 13 years, the highest Dividend Yield of Radiant Opto-Electronics was 19.30%. The lowest was 4.59%. And the median was 7.00%.

Warning Sign:

Radiant Opto-Electronics Corp stock dividend yield is close to 5-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.


Radiant Opto-Electronics 3-Year Dividend Growth Rate Related Terms>


Radiant Opto-Electronics (TPE:6176) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN
Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

Radiant Opto-Electronics (TPE:6176) Headlines

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