If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Headway Advanced Material Co Ltd is 3.14, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Headway Advanced Material Co was 5.74. The lowest was 0.49. And the median was 1.06.
During the past 12 months, Headway Advanced Material Co's average Dividends Per Share Growth Rate was 60.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -23.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -9.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -6.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Headway Advanced Material Co was 34.00% per year. The lowest was -24.90% per year. And the median was -4.50% 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.
Headway Advanced Material Co (TPE:1776) 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.
Headway Advanced Material Co Dividend Yield % Chart
For the Chemicals subindustry, Headway Advanced Material 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.
Headway Advanced Material Co Dividend Yield % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Headway Advanced Material Co's Dividend Yield % falls into.
Headway Advanced Material Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Headway Advanced Material Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 0.600000
2026-06-12
2026-06-15
2026-07-03
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.
Headway Advanced Material Co (TPE:1776) has a Dividend Yield % of 2.98% as of Jul. 08, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Headway Advanced Material Co and its competitors. This is 57% below median its historical median of 6.99. Over the past decade, Headway Advanced Material Co's Dividend Yield % has ranged from 2.29 to 13.28. According to the industry distribution chart, Headway Advanced Material Co ranks #281 out of 1071 companies in the Chemicals industry, placing it in the top 26.2%.
Is Headway Advanced Material Co's Dividend Yield % too high?
Headway Advanced Material Co's current Dividend Yield % of 2.98% is 57% below median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 13.28. The Chemicals industry median Dividend Yield % is 1.50. Headway Advanced Material Co's value of 2.98% is 98.7% above this industry median. Based on the distribution chart, Headway Advanced Material Co ranks #281 out of 1071 companies in the Chemicals industry, which is above the industry midpoint. Overall, Headway Advanced Material Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headway Advanced Material Co's Dividend Yield % compare to DOW?
According to the Chemicals industry distribution chart, Headway Advanced Material Co ranks #281 out of 1071 companies for Dividend Yield %. This puts Headway Advanced Material Co in the upper half of its industry. The industry median Dividend Yield % is 1.50. Headway Advanced Material Co's value of 2.98% is 98.7% above this benchmark. Historically, Headway Advanced Material Co's own Dividend Yield % has ranged from 2.29 to 13.28 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 1.50, Headway Advanced Material Co has consistently been above 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 Chemicals company?
The median Dividend Yield % among Chemicals companies is 1.50, based on 1,071 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. Headway Advanced Material Co's current Dividend Yield % of 2.98% is 98.7% above 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 Headway Advanced Material Co and its competitors. For the Chemicals industry, the median Dividend Yield % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headway Advanced Material Co's current Dividend Yield % is 2.98%, which is 57% below median its own 10-year median of 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headway Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Headway Advanced Material Co (TPE:1776) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.69, compared to a current price of NT$19.85 — trading 26.5% above its estimated fair value. The current Dividend Yield % is 2.98%, which is 57% below median its 10-year median of 6.99 and 98.7% above the Chemicals industry median of 1.50. Headway Advanced Material Co's overall GF Score™ is 70/100 with 10 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 Headway Advanced Material Co (TPE:1776), the current Dividend Yield % is 2.98% as of Jul. 08, 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 Headway Advanced Material Co (TPE:1776) Overvalued in 2026?
Based on GuruFocus' analysis, Headway Advanced Material Co stock appears to be overvalued.
The current stock price of NT$19.85 is trading 26.5% above its estimated GF Value™ of NT$15.69.
GuruFocus considers Headway Advanced Material Co to be Modestly Overvalued.
Key valuation signals for TPE:1776:
Dividend Yield %: 2.98% (57% below median its 10-year median of 6.99)
GF Value™: NT$15.69 vs. price of NT$19.85 (26.5% above fair value)
Industry Position: 98.7% above the Chemicals median (#281 of 1071)
No single metric tells the full story. See the TPE:1776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials. Geographically, the company generates revenue from Taiwan, Mainland China, and Vietnam, out of which the majority of revenue is generated from Taiwan. The company generates the majority of its revenue from the sale of PU resin.
70GF Score
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