Syong Shun Metal Co (ROCO:2073) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Syong Shun Metal Co Dividend Payout Ratio?

Syong Shun Metal Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Syong Shun Metal Co Ltd is 4.65, which seems too high.

The historical rank and industry rank for Syong Shun Metal Co's Dividend Payout Ratio or its related term are showing as below:

ROCO:2073' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.43 Med: 2.57 Max: 4.65
Current: 4.65

During the past 5 years, the highest Dividend Payout Ratio of Syong Shun Metal Co was 4.65. The lowest was 1.43. And the median was 2.57.

ROCO:2073's Dividend Payout Ratio is ranked worse than
97.4% of 308 companies
in the Steel industry
Industry Median: 0.3 vs ROCO:2073: 4.65

As of today (2024-06-14), the Dividend Yield % of Syong Shun Metal Co is 5.86%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Syong Shun Metal Co was 9.49%. The lowest was 5.79%. And the median was 7.74%.

Syong Shun Metal Co's Dividends per Share for the months ended in Mar. 2024 was NT$0.00.

During the past 12 months, Syong Shun Metal Co's average Dividends Per Share Growth Rate was -35.10% per year.

The growth rate is calculated with least square regression.

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

Syong Shun Metal Co Dividend Payout Ratio Historical Data

The historical data trend for Syong Shun Metal Co'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.

Syong Shun Metal Co Dividend Payout Ratio Chart

Syong Shun Metal Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.43

3.71

Syong Shun Metal Co Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Syong Shun Metal Co's Dividend Payout Ratio

For the Steel subindustry, Syong Shun Metal Co'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.

Syong Shun Metal Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Syong Shun Metal Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Syong Shun Metal Co's Dividend Payout Ratio falls into.

Syong Shun Metal Co Dividend Payout Ratio Calculation

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

Syong Shun Metal Co'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 )
	=	1.818	/	0.49
	=	3.71

Syong Shun Metal Co'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	/	0.201
	=	0.00

Syong Shun Metal Co (ROCO:2073) 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.

Syong Shun Metal Co Dividend Payout Ratio Related Terms

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

Syong Shun Metal Co (ROCO:2073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Syong Shun Metal Co Ltd (ROCO:2073) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 393, Shun'an Road, Luzhu District, Kaohsiung City, TWN, 821010

Website

http://www.ssmc.com.tw

Syong Shun Metal Co Ltd is a processing plant for Panyuan wire rods. It is a midstream manufacturing plant in the steel product industry chain. These wire rods are used for screws and nuts, steel wire and steel cables, hand tools, automobiles.

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