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If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Techzone Technology Materials Co Ltd is 0.86, which seems too high.
During the past 7 years, the highest Dividend Payout Ratio of Techzone Technology Materials Co was 0.86. The lowest was 0.29. And the median was 0.57.
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.
Techzone Technology Materials Co (ROCO:6947) 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.
* 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.
Techzone Technology Materials Co Dividend Yield % Chart
ROCO:6947 vs WM, RSG, WCN: Dividend Yield % Comparison
For the Waste Management subindustry, Techzone Technology Materials 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.
Techzone Technology Materials Co Dividend Yield % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Techzone Technology Materials Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Techzone Technology Materials Co's Dividend Yield % falls into.
Techzone Technology Materials Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Techzone Technology Materials Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 0.600000
2025-10-09
2025-10-13
2025-11-11
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.
* 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.
Techzone Technology Materials Co (ROCO:6947) has a Dividend Yield % of 0.73% as of Jul. 15, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Techzone Technology Materials Co and its competitors. This is near median its historical median of 0.70. Over the past decade, Techzone Technology Materials Co's Dividend Yield % has ranged from 0.58 to 0.82. According to the industry distribution chart, Techzone Technology Materials Co ranks #108 out of 122 companies in the Waste Management industry, placing it in the top 88.5%.
Is Techzone Technology Materials Co's Dividend Yield % too high?
Techzone Technology Materials Co's current Dividend Yield % of 0.73% is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.82. The Waste Management industry median Dividend Yield % is 2.28. Techzone Technology Materials Co's value of 0.73% is 68% below this industry median. Based on the distribution chart, Techzone Technology Materials Co ranks #108 out of 122 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Techzone Technology Materials Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techzone Technology Materials Co's Dividend Yield % compare to WM and RSG?
According to the Waste Management industry distribution chart, Techzone Technology Materials Co ranks #108 out of 122 companies for Dividend Yield %. This places Techzone Technology Materials Co in the lower half of its industry. The industry median Dividend Yield % is 2.28. Techzone Technology Materials Co's value of 0.73% is 68% below this benchmark. Historically, Techzone Technology Materials Co's own Dividend Yield % has ranged from 0.58 to 0.82 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 2.28, Techzone Technology Materials Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Waste Management company?
The median Dividend Yield % among Waste Management companies is 2.28, based on 122 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techzone Technology Materials Co's current Dividend Yield % of 0.73% is 68% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Techzone Technology Materials Co and its competitors. For the Waste Management industry, the median Dividend Yield % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techzone Technology Materials Co's current Dividend Yield % is 0.73%, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techzone Technology Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Techzone Technology Materials Co (ROCO:6947) is currently considered Possible Value Trap. The stock's GF Value™ is NT$124.65, compared to a current price of NT$82.40 — trading 33.9% below its estimated fair value. The current Dividend Yield % is 0.73%, which is near median its 10-year median of 0.70 and 68% below the Waste Management industry median of 2.28. Techzone Technology Materials Co's overall GF Score™ is 55/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Techzone Technology Materials Co (ROCO:6947), the current Dividend Yield % is 0.73% as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Techzone Technology Materials Co (ROCO:6947) Overvalued in 2026?
Based on GuruFocus' analysis, Techzone Technology Materials Co stock appears to be undervalued.
The current stock price of NT$82.40 is trading 33.9% below its estimated GF Value™ of NT$124.65.
GuruFocus considers Techzone Technology Materials Co to be Possible Value Trap.
Key valuation signals for ROCO:6947:
Dividend Yield %: 0.73% (near median its 10-year median of 0.70)
GF Value™: NT$124.65 vs. price of NT$82.40 (33.9% below fair value)
Industry Position: 68% below the Waste Management median (#108 of 122)
No single metric tells the full story. See the ROCO:6947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techzone Technology Materials Co Business Description
Techzone Technology Materials Co Ltd provides waste treatment and disposal solutions. The company operates an industrial waste treatment center combining incineration treatment, waste heat recovery, and distillation recycling.
55GF Score
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