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Cheng Shin Rubber Industry Co (TPE:2105) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Cheng Shin Rubber Industry Co Dividend Payout Ratio?

Cheng Shin Rubber Industry Co's dividend payout ratio for the months ended in Mar. 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 Cheng Shin Rubber Industry Co Ltd is 0.73, which seems too high.

The historical rank and industry rank for Cheng Shin Rubber Industry Co's Dividend Payout Ratio or its related term are showing as below:

TPE:2105' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.75   Max: 1.75
Current: 0.73


During the past 13 years, the highest Dividend Payout Ratio of Cheng Shin Rubber Industry Co was 1.75. The lowest was 0.23. And the median was 0.75.

TPE:2105's Dividend Payout Ratio is ranked worse than
84.89% of 748 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs TPE:2105: 0.73

As of today (2024-06-25), the Dividend Yield % of Cheng Shin Rubber Industry Co is 4.03%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cheng Shin Rubber Industry Co was 7.00%. The lowest was 1.24%. And the median was 3.56%.

Cheng Shin Rubber Industry Co's Dividends per Share for the months ended in Mar. 2024 was NT$0.00.

During the past 12 months, Cheng Shin Rubber Industry Co's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cheng Shin Rubber Industry Co was 45.70% per year. The lowest was -30.70% per year. And the median was 24.60% per year.

The growth rate is calculated with least square regression.

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


Cheng Shin Rubber Industry Co Dividend Payout Ratio Historical Data

The historical data trend for Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co Dividend Payout Ratio Chart

Cheng Shin Rubber Industry Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 1.03 0.54 0.74 0.78

Cheng Shin Rubber Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - - 2.19 - -

Competitive Comparison of Cheng Shin Rubber Industry Co's Dividend Payout Ratio

For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.


Cheng Shin Rubber Industry Co's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cheng Shin Rubber Industry Co's Dividend Payout Ratio falls into.



Cheng Shin Rubber Industry Co Dividend Payout Ratio Calculation

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

Cheng Shin Rubber Industry Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=1.2/ 1.53
=0.78

Cheng Shin Rubber Industry Co'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 )
=0/ 0.675
=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.


Cheng Shin Rubber Industry Co (TPE:2105) 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.


Cheng Shin Rubber Industry Co Dividend Payout Ratio Related Terms

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


Cheng Shin Rubber Industry Co (TPE:2105) Business Description

Traded in Other Exchanges
N/A
Address
No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and other rubber products and the manufacturing and trading of various rubber products and relevant rubber machinery. The main sources of sales revenue are from the assembly plants and dealers. Its geographical segments are Taiwan, China, the United States, and Others.

Cheng Shin Rubber Industry Co (TPE:2105) Headlines

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