Union Bank of Taiwan (TPE:2838) Dividend Payout Ratio: 0.00 (As of Dec. 2025)


TPE:2838 Union Bank of Taiwan TPE:2838
80 GF Score
Price NT$22.90
GF Value NT$16.27
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Union Bank of Taiwan Dividend Payout Ratio?

Union Bank of Taiwan TPE:2838 +0.44% 80 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TPE:2838 with a GF Score™ of 80/100 and a GF Value™ of NT$16.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,169 Banks companies, Union Bank of Taiwan ranks better than 60.48% on this metric.

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. Union Bank of Taiwan's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

The historical rank and industry rank for Union Bank of Taiwan's Dividend Payout Ratio or its related term are showing as below:

TPE:2838' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.22   Max: 0.43
Current: 0.28


During the past 13 years, the highest Dividend Payout Ratio of Union Bank of Taiwan was 0.43. The lowest was 0.10. And the median was 0.22.

TPE:2838's Dividend Payout Ratio is ranked better than
60.48% of 1169 companies
in the Banks industry
Industry Median: 0.32 vs TPE:2838: 0.28

As of today (2026-07-05), the Dividend Yield % of Union Bank of Taiwan is 1.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Union Bank of Taiwan was 5.01%. The lowest was 0.58%. And the median was 1.54%.

Union Bank of Taiwan's Dividends per Share for the months ended in Dec. 2025 was NT$0.00.

During the past 12 months, Union Bank of Taiwan's average Dividends Per Share Growth Rate was 87.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 40.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Union Bank of Taiwan was 40.90% per year. The lowest was -35.90% per year. And the median was 13.85% 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.


Union Bank of Taiwan (TPE:2838) 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.


Union Bank of Taiwan Dividend Payout Ratio Related Terms


Union Bank of Taiwan Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Union Bank of Taiwan'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.

Union Bank of Taiwan Dividend Payout Ratio Chart

Union Bank of Taiwan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.13 0.10 0.17 0.28

Union Bank of Taiwan Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.84 0.00

Union Bank of Taiwan Dividend Payout Ratio Competitor Comparison

For the Banks - Regional subindustry, Union Bank of Taiwan'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.


Union Bank of Taiwan Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Union Bank of Taiwan's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Union Bank of Taiwan's Dividend Payout Ratio falls into.


TPE:2838
80GF Score
Union Bank of Taiwan TPE:2838
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Bank of Taiwan Dividend Payout Ratio Calculation

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.

Union Bank of Taiwan's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.35/ 1.267
=0.28

Union Bank of Taiwan's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0/ 0.381
=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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Union Bank of Taiwan (TPE:2838) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Union Bank of Taiwan and its competitors. Over the past decade, Union Bank of Taiwan's Dividend Payout Ratio has ranged from 0.10 to 0.43. According to the industry distribution chart, Union Bank of Taiwan ranks #462 out of 1169 companies in the Banks industry, placing it in the top 39.5%.
Is Union Bank of Taiwan's Dividend Payout Ratio too high?
Union Bank of Taiwan's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.43. Based on the distribution chart, Union Bank of Taiwan ranks #462 out of 1169 companies in the Banks industry, which is above the industry midpoint. Overall, Union Bank of Taiwan has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's Dividend Payout Ratio compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #462 out of 1169 companies for Dividend Payout Ratio. This puts Union Bank of Taiwan in the upper half of its industry. The industry median Dividend Payout Ratio is 0.32. Historically, Union Bank of Taiwan's own Dividend Payout Ratio has ranged from 0.10 to 0.43 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Union Bank of Taiwan and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Bank of Taiwan stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of Taiwan (TPE:2838) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.27, compared to a current price of NT$22.90 — trading 40.7% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Union Bank of Taiwan's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Union Bank of Taiwan (TPE:2838), the current Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Union Bank of Taiwan (TPE:2838) Overvalued in 2026?

Based on GuruFocus' analysis, Union Bank of Taiwan stock appears to be overvalued. The current stock price of NT$22.90 is trading 40.7% above its estimated GF Value™ of NT$16.27. GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.

Key valuation signals for TPE:2838:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$16.27 vs. price of NT$22.90 (40.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the TPE:2838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Bank of Taiwan Business Description

Other Exchanges 2838A.PFD:Taiwan
Address Minsheng East Road, 1st Floor, 2nd Floor, No. 109, Section 3, Songshan District, Taipei, TWN, 105
Union Bank of Taiwan mainly engaged in activities allowed under the Banking Law, which cover deposits, loans, discounts, remittances, acceptances, issuance of guarantees and letters of credit, short-term bills transactions, investments, foreign exchange transactions, savings, trust, etc. The company's reportable segments are Corporate banking unit consist Corporate banking, foreign exchange business, debt management and public treasury business; Consumer banking unit consider financial management and loan business, credit card business and car-loan business; Wealth management and trust unit; Investing unit; and Leasing unit. The majority of revenue comes from Consumer banking. The Company's operations are mainly in Taiwan.
80GF Score

Get the complete analysis for TPE:2838

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$22.90
Price
NT$16.27
GF Value