Rayzher Industrial Co (ROCO:7703) Dividend Payout Ratio: 2.86 (As of Jun. 2026) — 267% 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:7703 Rayzher Industrial Co Ltd ROCO:7703
72 GF Score
Price NT$183.00
GF Value NT$230.28
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Rayzher Industrial Co Dividend Payout Ratio?

Rayzher Industrial Co ROCO:7703 +3.10% 72 Dividend Payout Ratio is 2.86 as of Jun. 2026, which is 267% above its 10-year median of 0.78. GuruFocus rates ROCO:7703 with a GF Score™ of 72/100 and a GF Value™ of NT$230.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 861 Construction companies, Rayzher Industrial Co ranks worse than 87.46% 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. Rayzher Industrial Co's Dividend Payout Ratio for the months ended in Jun. 2026 was 2.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Rayzher Industrial Co Ltd is 0.92, which seems too high.

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

ROCO:7703' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 0.95
Current: 0.92


During the past 7 years, the highest Dividend Payout Ratio of Rayzher Industrial Co was 0.95. The lowest was 0.62. And the median was 0.78.

ROCO:7703's Dividend Payout Ratio is ranked worse than
87.46% of 861 companies
in the Construction industry
Industry Median: 0.37 vs ROCO:7703: 0.92

As of today (2026-08-26), the Dividend Yield % of Rayzher Industrial Co is 3.94%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Rayzher Industrial Co was 5.56%. The lowest was 1.99%. And the median was 3.83%.

Rayzher Industrial Co's Dividends per Share for the months ended in Jun. 2026 was NT$7.00.

During the past 12 months, Rayzher Industrial Co's average Dividends Per Share Growth Rate was 27.30% 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.


Rayzher Industrial Co (ROCO:7703) 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.


Rayzher Industrial Co Dividend Payout Ratio Related Terms


Rayzher Industrial Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Rayzher Industrial 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.

Rayzher Industrial Co Dividend Payout Ratio Chart

Rayzher Industrial Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.95 0.62

Rayzher Industrial Co Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.94 0.00 0.00 0.00 2.86

ROCO:7703 vs PWR, FIX, EME: Dividend Payout Ratio Comparison

For the Engineering & Construction subindustry, Rayzher Industrial 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.


Rayzher Industrial Co Dividend Payout Ratio vs Construction Industry

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

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


ROCO:7703
72GF Score
Rayzher Industrial Co Ltd ROCO:7703
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rayzher Industrial Co 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.

Rayzher Industrial Co'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 )
=5.5/ 8.933
=0.62

Rayzher Industrial Co's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=7/ 2.45
=2.86

* 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 2.86 mean?
Rayzher Industrial Co (ROCO:7703) has a Dividend Payout Ratio of 2.86 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Rayzher Industrial Co and its competitors. This is 267% above median its historical median of 0.78. Over the past decade, Rayzher Industrial Co's Dividend Payout Ratio has ranged from 0.62 to 0.95. According to the industry distribution chart, Rayzher Industrial Co ranks #753 out of 861 companies in the Construction industry, placing it in the top 87.5%.
Is Rayzher Industrial Co's Dividend Payout Ratio too high?
Rayzher Industrial Co's current Dividend Payout Ratio of 2.86 is 267% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.95. The Construction industry median Dividend Payout Ratio is 0.37. Rayzher Industrial Co's value of 2.86 is 673% above this industry median. Based on the distribution chart, Rayzher Industrial Co ranks #753 out of 861 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Rayzher Industrial Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rayzher Industrial Co's Dividend Payout Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Rayzher Industrial Co ranks #753 out of 861 companies for Dividend Payout Ratio. This places Rayzher Industrial Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Rayzher Industrial Co's value of 2.86 is 673% above this benchmark. Historically, Rayzher Industrial Co's own Dividend Payout Ratio has ranged from 0.62 to 0.95 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.37, Rayzher Industrial Co 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 Construction company?
The median Dividend Payout Ratio among Construction companies is 0.37, based on 861 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. Rayzher Industrial Co's current Dividend Payout Ratio of 2.86 is 673% 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 Rayzher Industrial Co and its competitors. For the Construction industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rayzher Industrial Co's current Dividend Payout Ratio is 2.86, which is 267% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayzher Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Rayzher Industrial Co (ROCO:7703) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$230.28, compared to a current price of NT$183.00 — trading 20.5% below its estimated fair value. The current Dividend Payout Ratio is 2.86, which is 267% above median its 10-year median of 0.78 and 673% above the Construction industry median of 0.37. Rayzher Industrial Co's overall GF Score™ is 72/100 with 6 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 Rayzher Industrial Co (ROCO:7703), the current Dividend Payout Ratio is 2.86 as of Jun. 2026. 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 Rayzher Industrial Co (ROCO:7703) Overvalued in 2026?

Based on GuruFocus' analysis, Rayzher Industrial Co stock appears to be undervalued. The current stock price of NT$183.00 is trading 20.5% below its estimated GF Value™ of NT$230.28. GuruFocus considers Rayzher Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:7703:

  • Dividend Payout Ratio: 2.86 (267% above median its 10-year median of 0.78)
  • GF Value™: NT$230.28 vs. price of NT$183.00 (20.5% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 673% above the Construction median (#753 of 861)

No single metric tells the full story. See the ROCO:7703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rayzher Industrial Co Business Description

Address Jiafeng South Road, 9th Floor, No. 76, Section 2, Hsinchu County, Zhubei, TWN, 302054
Rayzher Industrial Co Ltd is engaged mainly in the piping design, planning, and engineering management of equipment and facility systems related to high tech plants; the agency, manufacture, and installation of special gas supply systems; and the import and export sales of instruments, materials, and spare parts required for semiconductor equipment.
72GF Score

Get the complete analysis for ROCO:7703

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

NT$183.00
Price
NT$230.28
GF Value