Nien Hsing Textile Co (TPE:1451) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Nien Hsing Textile 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. Nien Hsing Textile Co's Dividend Payout Ratio for the months ended in Sep. 2024 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 Nien Hsing Textile Co Ltd is 1.92, which seems too high.

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

TPE:1451' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 1.07 Max: 3.22
Current: 1.92

During the past 13 years, the highest Dividend Payout Ratio of Nien Hsing Textile Co was 3.22. The lowest was 0.46. And the median was 1.07.

TPE:1451's Dividend Payout Ratio is ranked worse than
94.72% of 436 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs TPE:1451: 1.92

As of today (2024-12-12), the Dividend Yield % of Nien Hsing Textile Co is 2.42%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nien Hsing Textile Co was 15.96%. The lowest was 2.20%. And the median was 6.69%.

Nien Hsing Textile Co's Dividends per Share for the months ended in Sep. 2024 was NT$0.00.

During the past 12 months, Nien Hsing Textile Co's average Dividends Per Share Growth Rate was -74.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nien Hsing Textile Co was 17.70% per year. The lowest was -30.70% per year. And the median was -9.10% 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.

Nien Hsing Textile Co Dividend Payout Ratio Historical Data

The historical data trend for Nien Hsing Textile 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.

Nien Hsing Textile Co Dividend Payout Ratio Chart

Nien Hsing Textile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.58

0.46

Nien Hsing Textile Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	1.61	-

Competitive Comparison of Nien Hsing Textile Co's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Nien Hsing Textile 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.

Nien Hsing Textile Co's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Nien Hsing Textile Co's Dividend Payout Ratio falls into.

Nien Hsing Textile Co Dividend Payout Ratio Calculation

Nien Hsing Textile 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 )
	=	2	/	-1.85
	=	N/A

Nien Hsing Textile 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 )
	=	0	/	0.39
	=	0.00

Nien Hsing Textile Co (TPE:1451) 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.

Nien Hsing Textile Co Dividend Payout Ratio Related Terms

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

Nien Hsing Textile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nien Hsing Textile Co Ltd (TPE:1451) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 119-3, Xiafuwei, Houlong township, Miaoli, TWN, 356

Website

https://www.nhjeans.com

Nien Hsing Textile Co Ltd is a Taiwan-based company that is principally engaged in the manufacture and sale of various kinds of denim fabrics, jeans-related clothes, fabrics for casual wear, and ring spun yarns. The denim fabrics and jeans-related clothes jointly account for the majority of the company's total revenue. The company owns a vertically integrated production line, including spinning, dyeing and finishing, weaving, garment making, and marketing. The company mainly distributes its products to overseas markets such as the Americas, Asia, Africa, and other areas, with Taiwan being its key market.

Nien Hsing Textile Co Headlines

No Headlines