If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sunny Friend Environmental Technology Co is 2.73, which seems too high.
During the past 12 months, Sunny Friend Environmental Technology Co's average Dividends Per Share Growth Rate was -3.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sunny Friend Environmental Technology Co was 39.70% per year. The lowest was -1.30% per year. And the median was 21.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Sunny Friend Environmental Technology Co Dividend Yield % Historical Data
* 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.
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Sunny Friend Environmental Technology Co Dividend Yield % Chart
Sunny Friend Environmental Technology Co Annual Data
For the Waste Management subindustry, Sunny Friend Environmental Technology 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.
Sunny Friend Environmental Technology Co's Dividend Yield % Distribution in the Waste Management Industry
* The bar in red indicates where Sunny Friend Environmental Technology Co's Dividend Yield % falls into.
Sunny Friend Environmental Technology Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sunny Friend Environmental Technology Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 7.500000
2023-06-14
2023-06-15
2023-06-29
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.
Sunny Friend Environmental Technology Co (TPE:8341) 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.
Sunny Friend Environmental Technology Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Sunny Friend Environmental Technology Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunny Friend Environmental Technology Co (TPE:8341) Business Description
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover innovative solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.
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