Proxene Tools Co (ROCO:6904) Dividend Payout Ratio : 1.78 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Proxene Tools Co Dividend Payout Ratio?

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. Proxene Tools Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.78.

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

ROCO:6904' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.36 Max: 0.42
Current: 0.42

During the past 5 years, the highest Dividend Payout Ratio of Proxene Tools Co was 0.42. The lowest was 0.36. And the median was 0.36.

ROCO:6904's Dividend Payout Ratio is ranked worse than
57.15% of 1769 companies
in the Industrial Products industry
Industry Median: 0.36 vs ROCO:6904: 0.42

As of today (2024-12-16), the Dividend Yield % of Proxene Tools Co is 2.97%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Proxene Tools Co was 3.22%. The lowest was 1.54%. And the median was 2.37%.

Proxene Tools Co's Dividends per Share for the months ended in Sep. 2024 was NT$4.10.

During the past 12 months, Proxene Tools Co's average Dividends Per Share Growth Rate was 10.80% 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.

Proxene Tools Co Dividend Payout Ratio Historical Data

The historical data trend for Proxene Tools 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.

Proxene Tools Co Dividend Payout Ratio Chart

Proxene Tools Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.36

Proxene Tools Co Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial										1.07	-	-	-	1.78

Competitive Comparison of Proxene Tools Co's Dividend Payout Ratio

For the Tools & Accessories subindustry, Proxene Tools 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.

Proxene Tools Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proxene Tools Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Proxene Tools Co's Dividend Payout Ratio falls into.

Proxene Tools Co Dividend Payout Ratio Calculation

Proxene Tools 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 )
	=	3.7	/	10.198
	=	0.36

Proxene Tools Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	4.1	/	2.3
	=	1.78

Proxene Tools Co (ROCO:6904) 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.

Proxene Tools Co Dividend Payout Ratio Related Terms

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

Proxene Tools Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proxene Tools Co Ltd (ROCO:6904) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Alley 28, Lane 360, Zhongshan Road, Shengang District, Taichung City, TWN, 42947

Website

https://www.proxene.com.tw

Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.

Proxene Tools Co Headlines

No Headlines