Tan Chong International (HKSE:00693) Dividend Payout Ratio : 0.40 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Tan Chong International Dividend Payout Ratio?

Tan Chong International's dividend payout ratio for the months ended in Dec. 2023 was 0.40.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tan Chong International Ltd is 0.76, which seems too high.

The historical rank and industry rank for Tan Chong International's Dividend Payout Ratio or its related term are showing as below:

HKSE:00693' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.67 Max: 16.67
Current: 0.76

During the past 13 years, the highest Dividend Payout Ratio of Tan Chong International was 16.67. The lowest was 0.32. And the median was 0.67.

HKSE:00693's Dividend Payout Ratio is ranked worse than
85.7% of 741 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs HKSE:00693: 0.76

As of today (2024-05-09), the Dividend Yield % of Tan Chong International is 7.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tan Chong International was 7.89%. The lowest was 2.22%. And the median was 4.17%.

Tan Chong International's Dividends per Share for the months ended in Dec. 2023 was HK$0.03.

During the past 12 months, Tan Chong International's average Dividends Per Share Growth Rate was 40.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tan Chong International was 55.40% per year. The lowest was -32.50% per year. And the median was 1.70% per year.

The growth rate is calculated with least square regression.

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

Tan Chong International Dividend Payout Ratio Historical Data

The historical data trend for Tan Chong International's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Tan Chong International Dividend Payout Ratio Chart

Tan Chong International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

1.12

16.67

0.32

0.43

0.88

Tan Chong International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.09	0.77	0.18	1.19	0.40

Competitive Comparison of Tan Chong International's Dividend Payout Ratio

For the Auto & Truck Dealerships subindustry, Tan Chong International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Tan Chong International's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tan Chong International's Dividend Payout Ratio falls into.

Tan Chong International Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tan Chong International's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.105	/	0.12
	=	0.88

Tan Chong International'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	/	0.076
	=	0.39

Tan Chong International (HKSE:00693) Dividend Payout Ratio Explanation

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.

Tan Chong International Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tan Chong International's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tan Chong International (HKSE:00693) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tan Chong International Ltd (HKSE:00693) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

T15:Singapore

Address

6-8 Harbour Road, Unit 3001, 30th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.tanchong.com

Tan Chong International Ltd is an automobile dealer. It offers vehicles of Nissan brand in Singapore, Hong Kong, China and Thailand. The company has five business lines namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation and Other operations which include investment holding, hire purchase financing, provision of workshop services and the manufacturing of vehicle seats. The company generates the majority of revenue from Motor vehicle distribution and dealership business.

Tan Chong International (HKSE:00693) Headlines

No Headlines