Cathay Consolidated (TPE:1342) Dividend Payout Ratio : 2.87 (As of Mar. 2024)

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What is Cathay Consolidated Dividend Payout Ratio?

Cathay Consolidated's dividend payout ratio for the months ended in Mar. 2024 was 2.87.

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

TPE:1342' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.69 Max: 0.79
Current: 0.65

During the past 8 years, the highest Dividend Payout Ratio of Cathay Consolidated was 0.79. The lowest was 0.41. And the median was 0.69.

TPE:1342's Dividend Payout Ratio is ranked worse than
70% of 430 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs TPE:1342: 0.65

As of today (2024-06-25), the Dividend Yield % of Cathay Consolidated is 4.31%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Cathay Consolidated was 6.75%. The lowest was 1.90%. And the median was 4.30%.

Cathay Consolidated's Dividends per Share for the months ended in Mar. 2024 was NT$5.00.

During the past 12 months, Cathay Consolidated's average Dividends Per Share Growth Rate was -40.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.00% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Cathay Consolidated was 29.00% per year. The lowest was 29.00% per year. And the median was 29.00% per year.

The growth rate is calculated with least square regression.

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

Cathay Consolidated Dividend Payout Ratio Historical Data

The historical data trend for Cathay Consolidated'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.

Cathay Consolidated Dividend Payout Ratio Chart

Cathay Consolidated Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.79

0.64

0.41

0.73

Cathay Consolidated Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															3.68	-	-	-	2.87

Competitive Comparison of Cathay Consolidated's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Cathay Consolidated'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.

Cathay Consolidated's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cathay Consolidated's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cathay Consolidated's Dividend Payout Ratio falls into.

Cathay Consolidated Dividend Payout Ratio Calculation

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

Cathay Consolidated'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 )
	=	5.369	/	7.386
	=	0.73

Cathay Consolidated'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 )
	=	5	/	1.74
	=	2.87

Cathay Consolidated (TPE:1342) 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.

Cathay Consolidated Dividend Payout Ratio Related Terms

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

Cathay Consolidated (TPE:1342) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cathay Consolidated Inc (TPE:1342) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 6, Dexing 4th Road, Yilan County, Dongshan Shiang, TWN, 26950

Website

https://www.cathayconsolidated.com

Cathay Consolidated Inc is a Taiwan-based company engaged in the manufacturing of TPU film, air mattresses, covers, laminated fabrics, and bladders. Its revenue mainly comes from the production and sale of functional fabrics. It operates in Taiwan, Asia, the Americas, Others, and the majority of its revenue comes from the Americas. Its products include Aviation, Outdoor, Marine, Medical, and Industrial.

Cathay Consolidated (TPE:1342) Headlines

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