BISON Electronics (ROCO:3659) Dividend Payout Ratio: 1.43 (As of Dec. 2025) — 258% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3659 BISON Electronics Inc ROCO:3659
75 GF Score
Price NT$20.70
GF Value NT$30.17
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is BISON Electronics Dividend Payout Ratio?

BISON Electronics ROCO:3659 -5.91% 75 Dividend Payout Ratio is 1.43 as of Dec. 2025, which is 258% above its 10-year median of 0.40. GuruFocus rates ROCO:3659 with a GF Score™ of 75/100 and a GF Value™ of NT$30.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,214 Hardware companies, BISON Electronics ranks worse than 83.28% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. BISON Electronics's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.43.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BISON Electronics Inc is 1.03, which seems too high.

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

ROCO:3659' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.4   Max: 2.63
Current: 1.03


During the past 13 years, the highest Dividend Payout Ratio of BISON Electronics was 2.63. The lowest was 0.19. And the median was 0.40.

ROCO:3659's Dividend Payout Ratio is ranked worse than
83.28% of 1214 companies
in the Hardware industry
Industry Median: 0.47 vs ROCO:3659: 1.03

As of today (2026-07-18), the Dividend Yield % of BISON Electronics is 9.18%.

During the past 13 years, the highest Trailing Annual Dividend Yield of BISON Electronics was 9.18%. The lowest was 0.74%. And the median was 3.72%.

BISON Electronics's Dividends per Share for the months ended in Dec. 2025 was NT$1.90.

During the past 12 months, BISON Electronics's average Dividends Per Share Growth Rate was 26.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 51.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BISON Electronics was 96.00% per year. The lowest was -41.00% per year. And the median was 11.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


BISON Electronics (ROCO:3659) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


BISON Electronics Dividend Payout Ratio Related Terms


BISON Electronics Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for BISON Electronics'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.

BISON Electronics Dividend Payout Ratio Chart

BISON Electronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.27 0.40 0.39 1.03

BISON Electronics Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.00 0.87 0.00 1.43

ROCO:3659 vs SNDK, DELL, STX: Dividend Payout Ratio Comparison

For the Computer Hardware subindustry, BISON Electronics'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.


BISON Electronics Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, BISON Electronics's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BISON Electronics's Dividend Payout Ratio falls into.


ROCO:3659
75GF Score
BISON Electronics Inc ROCO:3659
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BISON Electronics Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

BISON Electronics's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.9/ 1.839
=1.03

BISON Electronics's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=1.9/ 1.332
=1.43

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.43 mean?
BISON Electronics (ROCO:3659) has a Dividend Payout Ratio of 1.43 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BISON Electronics and its competitors. This is 258% above median its historical median of 0.40. Over the past decade, BISON Electronics' Dividend Payout Ratio has ranged from 0.19 to 2.63. According to the industry distribution chart, BISON Electronics ranks #1011 out of 1214 companies in the Hardware industry, placing it in the top 83.3%.
Is BISON Electronics' Dividend Payout Ratio too high?
BISON Electronics' current Dividend Payout Ratio of 1.43 is 258% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.63. The Hardware industry median Dividend Payout Ratio is 0.47. BISON Electronics' value of 1.43 is 204.3% above this industry median. Based on the distribution chart, BISON Electronics ranks #1011 out of 1214 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BISON Electronics has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BISON Electronics' Dividend Payout Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, BISON Electronics ranks #1011 out of 1214 companies for Dividend Payout Ratio. This places BISON Electronics in the lower half of its industry. The industry median Dividend Payout Ratio is 0.47. BISON Electronics' value of 1.43 is 204.3% above this benchmark. Historically, BISON Electronics' own Dividend Payout Ratio has ranged from 0.19 to 2.63 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.47, BISON Electronics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,214 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BISON Electronics's current Dividend Payout Ratio of 1.43 is 204.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BISON Electronics and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BISON Electronics's current Dividend Payout Ratio is 1.43, which is 258% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BISON Electronics stock overvalued right now?
Based on GuruFocus' analysis, BISON Electronics (ROCO:3659) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$30.17, compared to a current price of NT$20.70 — trading 31.4% below its estimated fair value. The current Dividend Payout Ratio is 1.43, which is 258% above median its 10-year median of 0.40 and 204.3% above the Hardware industry median of 0.47. BISON Electronics' overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For BISON Electronics (ROCO:3659), the current Dividend Payout Ratio is 1.43 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BISON Electronics (ROCO:3659) Overvalued in 2026?

Based on GuruFocus' analysis, BISON Electronics stock appears to be undervalued. The current stock price of NT$20.70 is trading 31.4% below its estimated GF Value™ of NT$30.17. GuruFocus considers BISON Electronics to be Significantly Undervalued.

Key valuation signals for ROCO:3659:

  • Dividend Payout Ratio: 1.43 (258% above median its 10-year median of 0.40)
  • GF Value™: NT$30.17 vs. price of NT$20.70 (31.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 204.3% above the Hardware median (#1011 of 1214)

No single metric tells the full story. See the ROCO:3659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BISON Electronics Business Description

Address No.28, Alley 20, Lane.26, Rueiguang Road, Neihu District, 3rd floor, Taipei, TWN, 114
BISON Electronics Inc is an equipment manufacturer in Taiwan. It manufactures camera modules, displays, peripheral devices, and computer-relevant accessories.
75GF Score

Get the complete analysis for ROCO:3659

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$20.70
Price
NT$30.17
GF Value