Tex Year Industries Co (TPE:4720) Dividend Payout Ratio : 0.84 (As of Sep. 2023)

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What is Tex Year Industries Co Dividend Payout Ratio?

Tex Year Industries Co's dividend payout ratio for the months ended in Sep. 2023 was 0.84.

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

TPE:4720' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.62 Max: 1.58
Current: 0.57

During the past 13 years, the highest Dividend Payout Ratio of Tex Year Industries Co was 1.58. The lowest was 0.19. And the median was 0.62.

TPE:4720's Dividend Payout Ratio is ranked worse than
68.86% of 912 companies
in the Chemicals industry
Industry Median: 0.39 vs TPE:4720: 0.57

As of today (2024-04-30), the Dividend Yield % of Tex Year Industries Co is 1.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tex Year Industries Co was 7.12%. The lowest was 0.88%. And the median was 1.89%.

Tex Year Industries Co's Dividends per Share for the months ended in Sep. 2023 was NT$0.20.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tex Year Industries Co was 47.90% per year. The lowest was -46.70% per year. And the median was 7.95% per year.

The growth rate is calculated with least square regression.

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

Tex Year Industries Co Dividend Payout Ratio Historical Data

The historical data trend for Tex Year Industries 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.

Tex Year Industries Co Dividend Payout Ratio Chart

Tex Year Industries Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dividend Payout Ratio

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1.58

0.62

0.34

0.43

Tex Year Industries Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	1.89	-	-	0.84

Competitive Comparison of Tex Year Industries Co's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Tex Year Industries 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.

Tex Year Industries Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Dividend Payout Ratio falls into.

Tex Year Industries Co Dividend Payout Ratio Calculation

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

Tex Year Industries Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2021 )	/	EPS without NRI (A: Dec. 2021 )
	=	0	/	0.283
	=	0.00

Tex Year Industries Co's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.2	/	0.239
	=	0.84

Tex Year Industries Co (TPE:4720) 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.

Tex Year Industries Co Dividend Payout Ratio Related Terms

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

Tex Year Industries Co (TPE:4720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tex Year Industries Co Ltd (TPE:4720) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248

Website

https://www.texyear.com

Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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