Taiwan Pelican Express Co (TPE:2642) Dividend Payout Ratio : 6.15 (As of Jun. 2024)

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What is Taiwan Pelican Express 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. Taiwan Pelican Express Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 6.15.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Taiwan Pelican Express Co Ltd is 0.98, which seems too high.

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

TPE:2642' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.82 Max: 1.52
Current: 0.98

During the past 13 years, the highest Dividend Payout Ratio of Taiwan Pelican Express Co was 1.52. The lowest was 0.36. And the median was 0.82.

TPE:2642's Dividend Payout Ratio is ranked worse than
88.93% of 551 companies
in the Transportation industry
Industry Median: 0.42 vs TPE:2642: 0.98

As of today (2024-09-26), the Dividend Yield % of Taiwan Pelican Express Co is 2.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Taiwan Pelican Express Co was 7.94%. The lowest was 1.04%. And the median was 3.46%.

Taiwan Pelican Express Co's Dividends per Share for the months ended in Jun. 2024 was NT$0.80.

During the past 12 months, Taiwan Pelican Express Co's average Dividends Per Share Growth Rate was -46.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Taiwan Pelican Express Co was 51.80% per year. The lowest was -33.10% per year. And the median was 13.70% 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.

Taiwan Pelican Express Co Dividend Payout Ratio Historical Data

The historical data trend for Taiwan Pelican Express 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.

Taiwan Pelican Express Co Dividend Payout Ratio Chart

Taiwan Pelican Express Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.36

0.54

0.72

1.14

1.52

Taiwan Pelican Express Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															3.28	-	-	-	6.15

Competitive Comparison of Taiwan Pelican Express Co's Dividend Payout Ratio

For the Integrated Freight & Logistics subindustry, Taiwan Pelican Express 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.

Taiwan Pelican Express Co's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Pelican Express Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Pelican Express Co's Dividend Payout Ratio falls into.

Taiwan Pelican Express Co Dividend Payout Ratio Calculation

Taiwan Pelican Express 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 )
	=	1.5	/	0.99
	=	1.52

Taiwan Pelican Express Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.8	/	0.13
	=	6.15

Taiwan Pelican Express Co (TPE:2642) 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.

Taiwan Pelican Express Co Dividend Payout Ratio Related Terms

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

Taiwan Pelican Express Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Taiwan Pelican Express Co Ltd (TPE:2642) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 288, Yuantong Road, Zhonghe District, New Taipei City, Taipei, TWN

Website

https://www.e-can.com

Taiwan Pelican Express Co Ltd is a logistics business Company engaged in route-permitted truck transportation, home delivery, and other professional logistic delivery services.

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