Hey-Song (TPE:1234) Dividend Payout Ratio: 0.00 (As of Dec. 2025)

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TPE:1234 Hey-Song Corp TPE:1234
69 GF Score
Price NT$34.00
GF Value NT$36.99
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Hey-Song Dividend Payout Ratio?

Hey-Song TPE:1234 +1.04% 69 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TPE:1234 with a GF Score™ of 69/100 and a GF Value™ of NT$36.99 (Fairly Valued). The stock has 8 warning signs investors should review. Among 68 Beverages - Non-Alcoholic companies, Hey-Song ranks worse than 85.29% 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. Hey-Song's Dividend Payout Ratio for the months ended in Dec. 2025 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 Hey-Song Corp is 0.95, which seems too high.

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

TPE:1234' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.79   Max: 1.48
Current: 0.95

During the past 13 years, the highest Dividend Payout Ratio of Hey-Song was 1.48. The lowest was 0.55. And the median was 0.79.

TPE:1234's Dividend Payout Ratio is ranked worse than
85.29% of 68 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.45 vs TPE:1234: 0.95

As of today (2026-07-21), the Dividend Yield % of Hey-Song is 4.85%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hey-Song was 8.93%. The lowest was 3.61%. And the median was 4.93%.

Hey-Song's Dividends per Share for the months ended in Dec. 2025 was NT$0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hey-Song was 77.10% per year. The lowest was -23.40% per year. And the median was 6.30% 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.

Hey-Song (TPE:1234) 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.

Hey-Song Dividend Payout Ratio Related Terms

Hey-Song Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hey-Song'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.

Hey-Song Dividend Payout Ratio Chart

Hey-Song 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 0.91 0.77 0.76 0.81 0.95

Hey-Song Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 0.00 5.43 0.00 0.00

TPE:1234 vs KO, PEP, MNST: Dividend Payout Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Hey-Song'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.

Hey-Song Dividend Payout Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hey-Song's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hey-Song's Dividend Payout Ratio falls into.


TPE:1234
69GF Score
Hey-Song Corp TPE:1234
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hey-Song 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.

Hey-Song'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/ 2
=0.95

Hey-Song'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 )
=0/ 0.43
=0.00

* 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 0.00 mean?
Hey-Song (TPE:1234) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hey-Song and its competitors. Over the past decade, Hey-Song's Dividend Payout Ratio has ranged from 0.55 to 1.48. According to the industry distribution chart, Hey-Song ranks #58 out of 68 companies in the Beverages - Non-Alcoholic industry, placing it in the top 85.3%.
Is Hey-Song's Dividend Payout Ratio too high?
Hey-Song's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.48. Based on the distribution chart, Hey-Song ranks #58 out of 68 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Hey-Song has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hey-Song's Dividend Payout Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Hey-Song ranks #58 out of 68 companies for Dividend Payout Ratio. This places Hey-Song in the lower half of its industry. The industry median Dividend Payout Ratio is 0.45. Historically, Hey-Song's own Dividend Payout Ratio has ranged from 0.55 to 1.48 over the past decade. 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 Beverages - Non-Alcoholic company?
The median Dividend Payout Ratio among Beverages - Non-Alcoholic companies is 0.45, based on 68 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. 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 Hey-Song and its competitors. For the Beverages - Non-Alcoholic industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hey-Song's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hey-Song stock overvalued right now?
Based on GuruFocus' analysis, Hey-Song (TPE:1234) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.99, compared to a current price of NT$34.00 — trading 8.1% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Hey-Song's overall GF Score™ is 69/100 with 8 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 Hey-Song (TPE:1234), the current Dividend Payout Ratio is 0.00 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 Hey-Song (TPE:1234) Overvalued in 2026?

Based on GuruFocus' analysis, Hey-Song stock appears to be undervalued. The current stock price of NT$34.00 is trading 8.1% below its estimated GF Value™ of NT$36.99. GuruFocus considers Hey-Song to be Fairly Valued.

Key valuation signals for TPE:1234:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$36.99 vs. price of NT$34.00 (8.1% below fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the TPE:1234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hey-Song Business Description

Address Section 4, Xinyi Road, 3rd Floor, No. 296, Da’an District, Taipei, TWN, 106
Hey-Song Corp is a Taiwanese company engaged in the production and sale of beverages bearing its brand, OEM production and distribution of beverages for other brands, and distribution and sale of domestic and imported liquors. It produces a diversified range of alcoholic and non-alcoholic beverages, including tea, coffee, brandy, wine, whisky, juice, Chinese liquor, and tonic drinks, among others, which are marketed through brands like Black Pine, C&C, Wayne, Kinmen Kaoliang, Hardys, Saint Remy, McLeod, etc. The company's reportable segments are the Beverages business unit-beverages, which generates maximum revenue, the Beverages business unit-liquors, and the Property lease department. Geographically, it generates maximum revenue from Taiwan, followed by China.
69GF Score

Get the complete analysis for TPE:1234

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

NT$34.00
Price
NT$36.99
GF Value