If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Launch Tech Co Ltd is 0.79, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Launch Tech Co was 1.32. The lowest was 0.78. And the median was 1.12.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Launch Tech Co was 18.80% per year. The lowest was -13.10% per year. And the median was -2.20% 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.
Launch Tech Co Dividend Yield % Historical Data
The historical data trend for Launch Tech 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.
Competitive Comparison of Launch Tech Co's Dividend Yield %
For the Auto Parts subindustry, Launch Tech 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.
Launch Tech Co's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Launch Tech Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Launch Tech Co's Dividend Yield % falls into.
Launch Tech Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Launch Tech Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.218500
2024-08-22
2024-08-24
2024-09-13
Cash Dividend
semi-annually
HKD:EUR 0.116308
HKD 0.264300
2024-05-17
2024-05-21
2024-06-12
Cash Dividend
semi-annually
HKD:EUR 0.118288
* 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.
Launch Tech Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.0566768164
/
0.80
=
7.08 %
Current Share Price is €0.80. Launch Tech Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.0566768164.
Launch Tech Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.050826596
/
0.80
=
6.35 %
Current Share Price is €0.80. Launch Tech Co's Dividends per Share for the forward twelve months is calculated as €0.025413298 * 2 = €0.050826596.
* 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.
Launch Tech Co (STU:LAN) 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.
Thank you for viewing the detailed overview of Launch Tech Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The company operates its business through three reportable segments. The Automotive Diagnosis segment generates the majority of the earnings for the company. It is involved in the research and development, production and sales of automotive diagnostic and inspection products. The Lift segment is engaged in the research and development, production and sales of machinery products in the automotive aftermarket. The Overseas Sales segment develops and maintains European distributors and customers.
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