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Tachia Yung Ho Machine Industry Co (ROCO:2221) Dividend Yield % : 4.39% (As of Dec. 15, 2024)


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What is Tachia Yung Ho Machine Industry Co Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Tachia Yung Ho Machine Industry Co is 4.39%.

Warning Sign:

Tachia Yung Ho Machine Industry Co Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Tachia Yung Ho Machine Industry Co's Dividend Yield % or its related term are showing as below:

ROCO:2221' s Dividend Yield % Range Over the Past 10 Years
Min: 1.46   Med: 4.56   Max: 14.26
Current: 4.39

During the past 13 years, the highest Dividend Yield of Tachia Yung Ho Machine Industry Co was 14.26%. The lowest was 1.46%. And the median was 4.56%.

ROCO:2221's Dividend Yield % is ranked better than
64.41% of 340 companies
in the Steel industry
Industry Median: 3.09 vs ROCO:2221: 4.39

Tachia Yung Ho Machine Industry Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 1.57.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tachia Yung Ho Machine Industry Co Ltd is 0.71, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Tachia Yung Ho Machine Industry Co was 1.93. The lowest was 0.19. And the median was 0.49.

As of today (2024-12-15), the Forward Dividend Yield % of Tachia Yung Ho Machine Industry Co is 4.39%.

Tachia Yung Ho Machine Industry Co's Dividends per Share for the three months ended in Sep. 2024 was NT$1.30.

During the past 12 months, Tachia Yung Ho Machine Industry Co's average Dividends Per Share Growth Rate was -67.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 38.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 27.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tachia Yung Ho Machine Industry Co was 68.90% per year. The lowest was -37.90% per year. And the median was 27.60% 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.


Tachia Yung Ho Machine Industry Co Dividend Yield % Historical Data

The historical data trend for Tachia Yung Ho Machine Industry Co's Dividend Yield % 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.

Tachia Yung Ho Machine Industry Co Dividend Yield % Chart

Tachia Yung Ho Machine Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.75 2.41 7.89 10.97

Tachia Yung Ho Machine Industry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % 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 11.64 10.97 11.82 12.82 4.41

Competitive Comparison of Tachia Yung Ho Machine Industry Co's Dividend Yield %

For the Steel subindustry, Tachia Yung Ho Machine Industry Co'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.


Tachia Yung Ho Machine Industry Co's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tachia Yung Ho Machine Industry Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tachia Yung Ho Machine Industry Co's Dividend Yield % falls into.



Tachia Yung Ho Machine Industry Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tachia Yung Ho Machine Industry Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 1.3000002024-07-172024-07-182024-08-09Cash DividendannuallyTWD:TWD 1.000000

* 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.

Tachia Yung Ho Machine Industry Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.3/29.60
=4.39 %

Current Share Price is NT$29.60.
Tachia Yung Ho Machine Industry Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$1.3.

Tachia Yung Ho Machine Industry Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.3/29.60
=4.39 %

Current Share Price is NT$29.60.
Tachia Yung Ho Machine Industry Co's Dividends per Share for the forward twelve months is calculated as NT$1.3 * 1 = NT$1.3.

* 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.


Tachia Yung Ho Machine Industry Co  (ROCO:2221) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tachia Yung Ho Machine Industry Co Dividend Yield % Related Terms

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Tachia Yung Ho Machine Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.69 Youshi Road, Dajia, Taichung, TWN, 437
Tachia Yung Ho Machine Industry Co Ltd is engaged in the manufacture and distribution of stainless-steel welded pipe fittings and ultra-clean components. Its products include Stainless Steel Pipe and Tube, UHP Face Seal Fitting, Micro Fitting, and others.

Tachia Yung Ho Machine Industry Co Headlines

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