If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Plover Bay Technologies Ltd is 0.72, which seems too high.
During the past 11 years, the highest Dividend Payout Ratio of Plover Bay Technologies was 0.88. The lowest was 0.36. And the median was 0.77.
During the past 12 months, Plover Bay Technologies's average Dividends Per Share Growth Rate was 22.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 20.90% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Plover Bay Technologies was 66.20% per year. The lowest was 19.60% per year. And the median was 21.90% 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.
Plover Bay Technologies Dividend Yield % Historical Data
* 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.
Competitive Comparison of Plover Bay Technologies's Dividend Yield %
For the Communication Equipment subindustry, Plover Bay Technologies's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Plover Bay Technologies's Dividend Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Plover Bay Technologies's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Plover Bay Technologies's Dividend Yield % falls into.
Plover Bay Technologies Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Plover Bay Technologies Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.108300
2024-08-07
2024-08-09
2024-08-20
Cash Dividend
semi-annually
HKD:USD 0.128267
HKD 0.109400
2024-03-13
2024-03-15
2024-03-28
Cash Dividend
semi-annually
HKD:USD 0.127797
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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.
Plover Bay Technologies (OTCPK:PBTDF) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Plover Bay Technologies Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Plover Bay Technologies's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Plover Bay Technologies Ltd is an investment holding company. The Company and its subsidiaries are principally engaged in the research, design, development, and marketing of Software Defined WAN (SD-WAN) routers and the provision of software licenses and warranty and support services. The Company's products and services are used by enterprise users, such as multinational companies, as well as industry users. The SD-WAN routers segment mainly offers wired and wireless routers bundled together with embedded software and firmware. The Company mainly operates its business in Hong Kong, Taiwan, the United States of America, Malaysia, Canada, Mexico, the United Kingdom, Singapore, France, as well as Israel, among others.
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