Mirle Automation Co (TPE:2464) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Mirle Automation Co Dividend Payout Ratio?

Mirle Automation 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 Mirle Automation Co Ltd is 1.49, which seems too high.

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

TPE:2464' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.84 Max: 1.52
Current: 1.49

During the past 13 years, the highest Dividend Payout Ratio of Mirle Automation Co was 1.52. The lowest was 0.29. And the median was 0.84.

TPE:2464's Dividend Payout Ratio is ranked worse than
94.76% of 1661 companies
in the Industrial Products industry
Industry Median: 0.33 vs TPE:2464: 1.49

As of today (2024-06-16), the Dividend Yield % of Mirle Automation Co is 2.83%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mirle Automation Co was 14.46%. The lowest was 2.16%. And the median was 5.01%.

Mirle Automation Co's Dividends per Share for the months ended in Mar. 2024 was NT$0.00.

During the past 12 months, Mirle Automation Co's average Dividends Per Share Growth Rate was -18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mirle Automation Co was 34.20% per year. The lowest was -20.60% per year. And the median was 5.90% per year.

The growth rate is calculated with least square regression.

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

Mirle Automation Co Dividend Payout Ratio Historical Data

The historical data trend for Mirle Automation 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.

Mirle Automation Co Dividend Payout Ratio Chart

Mirle Automation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.96

0.95

0.75

0.84

1.52

Mirle Automation Co 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															-	27.69	-	-	-

Competitive Comparison of Mirle Automation Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Mirle Automation 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.

Mirle Automation Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

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

Mirle Automation Co Dividend Payout Ratio Calculation

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

Mirle Automation 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 )
	=	1.8	/	1.188
	=	1.52

Mirle Automation 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	/	0.058
	=	0.00

Mirle Automation Co (TPE:2464) 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.

Mirle Automation Co Dividend Payout Ratio Related Terms

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

Mirle Automation Co (TPE:2464) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mirle Automation Co Ltd (TPE:2464) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

No.3, R&D Road II, Science Park, Hsinchu, TWN, 30076

Website

https://www.mirle.com.tw

Mirle Automation Co Ltd is one of the leaders in automation system integrators and related product manufacturers. The Corporation is mainly engaged in the business of automation equipment systems and its components various parking facilities, medical equipment and the design, development, production and sale of the automation equipment used in these products, and also provides after-sales services for the products. It is also engaged in the leasing business and develops and sells software and databases that are used in automation equipment. Moreover, the corporation also provides construction planning, installation, consulting, and maintenance services for the above products.

Mirle Automation Co (TPE:2464) Headlines

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