If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Litemax Electronics Inc is 0.72, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Litemax Electronics was 2.26. The lowest was 0.51. And the median was 0.84.
During the past 12 months, Litemax Electronics's average Dividends Per Share Growth Rate was -23.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 21.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Litemax Electronics was 40.80% per year. The lowest was -15.70% per year. And the median was 5.10% 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.
Litemax Electronics Dividend Yield % Historical Data
The historical data trend for Litemax Electronics'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.
Competitive Comparison of Litemax Electronics's Dividend Yield %
For the Electronic Components subindustry, Litemax Electronics'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.
Litemax Electronics's Dividend Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Litemax Electronics's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Litemax Electronics's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Litemax Electronics Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 3.199696
2024-06-07
2024-06-11
2024-06-28
Cash Dividend
annually
TWD: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.
Litemax Electronics's Trailing Annual Dividend Yield (%) for Today is calculated as
Litemax Electronics's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
3.199696
/
66.90
=
4.78 %
Current Share Price is NT$66.90. Litemax Electronics's Dividends per Share for the forward twelve months is calculated as NT$3.199696 * 1 = NT$3.199696.
* 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.
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.
Litemax Electronics Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Litemax Electronics's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Litemax Electronics Inc manufactures and sells high-brightness backlights, LCD modules, and LCD monitors. The company products are used in marine; gaming; healthcare; industrial; transportation; digital signage and other markets. Some of its products include Spanpixel - Resizing LCDs; Durapixel - Sunlight readable LCDs; Navpixel - Marine Computing; Embedded Motherboards; Waterproof Panel PCs; Intel Smart Display Module Panel PC; HDMI Daisy Chain Board and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.
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