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Novatech Co (XKRX:285490) Dividend Payout Ratio : 5.26 (As of Dec. 2024)


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What is Novatech 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. Novatech Co's Dividend Payout Ratio for the months ended in Dec. 2024 was 5.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Novatech Co Ltd is 0.85, which seems too high.

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

XKRX:285490' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.14   Max: 0.85
Current: 0.85


During the past 8 years, the highest Dividend Payout Ratio of Novatech Co was 0.85. The lowest was 0.04. And the median was 0.14.

XKRX:285490's Dividend Payout Ratio is ranked worse than
80.23% of 1214 companies
in the Hardware industry
Industry Median: 0.44 vs XKRX:285490: 0.85

As of today (2025-04-22), the Dividend Yield % of Novatech Co is 5.92%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Novatech Co was 9.81%. The lowest was 0.30%. And the median was 0.76%.

Novatech Co's Dividends per Share for the months ended in Dec. 2024 was ₩1,409.00.

During the past 12 months, Novatech Co's average Dividends Per Share Growth Rate was 181.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 111.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 60.50% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Novatech Co was 111.00% per year. The lowest was 20.20% per year. And the median was 51.80% 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.


Novatech Co Dividend Payout Ratio Historical Data

The historical data trend for Novatech 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.

Novatech Co Dividend Payout Ratio Chart

Novatech Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial 0.07 0.04 0.09 0.18 0.85

Novatech Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.44 - - - 5.26

Competitive Comparison of Novatech Co's Dividend Payout Ratio

For the Electronic Components subindustry, Novatech 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.


Novatech Co's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Novatech Co's Dividend Payout Ratio distribution charts can be found below:

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


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Novatech Co 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.

Novatech Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=1409/ 1667.385
=0.85

Novatech Co's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=1409/ 267.694
=5.26

* 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.


Novatech Co (XKRX:285490) 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.


Novatech Co Dividend Payout Ratio Related Terms

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


Novatech Co Business Description

Traded in Other Exchanges
N/A
Address
Simindaero 230, A-401, Pyeongchon Acro tower, Geonggi-do, Anyang-si, Dongan-gu, KOR
Novatech Co Ltd is a Korea based glass processing company. It is mainly engaged in the production of components including OELD (organic light-emitting diode) encapsulation glass, flat display panels, and super slim glass. The company operates in three business divisions including EG (OLED Encapsulation Glass) division, new business development, and lightining business division.

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