Merida Industry CoTPE:9914 +1.82%67 Dividend Yield % is 5.49% as of Jun. 26, 2026, which is 77% above its 10-year median of 3.11. GuruFocus rates TPE:9914 with a GF Score™ of 67/100 and a GF Value™ of NT$136.73 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 417 Travel & Leisure companies, Merida Industry Co ranks better than 81.29% on this metric.
As of today (2026-06-26), the Trailing Annual Dividend Yield of Merida Industry Co is 5.49%.
The historical rank and industry rank for Merida Industry Co's Dividend Yield % or its related term are showing as below:
TPE:9914'
s Dividend Yield % Range Over the Past 10 Years
Min: 1 Med: 3.11 Max: 7.18
Current: 5.49
During the past 13 years, the highest Dividend Yield of Merida Industry Co was 7.18%. The lowest was 1.00%. And the median was 3.11%.
TPE:9914's Dividend Yield % is ranked better than 81.29% of 417
companies
in the Travel & Leisure industry
Industry Median: 2.81
vs TPE:9914: 5.49
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Merida Industry Co Ltd is 0.85, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Merida Industry Co was 1.53. The lowest was 0.34. And the median was 0.71.
During the past 12 months, Merida Industry Co's average Dividends Per Share Growth Rate was -33.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -2.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Merida Industry Co was 51.80% per year. The lowest was -33.50% per year. And the median was 10.70% 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.
Merida Industry Co (TPE:9914) 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.
Merida Industry Co Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Merida Industry 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.
TPE:9914 vs AS, HAS, LTH: Dividend Yield % Comparison
For the Leisure subindustry, Merida Industry 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.
Merida Industry Co Dividend Yield % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Merida Industry Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Merida Industry Co's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Merida Industry Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 4.000000
2025-08-07
2025-08-08
2025-09-05
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.
Merida Industry Co's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Merida Industry Co (TPE:9914) has a Dividend Yield % of 5.49% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Merida Industry Co and its competitors. This is 77% above median its historical median of 3.11. Over the past decade, Merida Industry Co's Dividend Yield % has ranged from 1.00 to 7.18. According to the industry distribution chart, Merida Industry Co ranks #78 out of 417 companies in the Travel & Leisure industry, placing it in the top 18.7%.
Is Merida Industry Co's Dividend Yield % too high?
Merida Industry Co's current Dividend Yield % of 5.49% is 77% above median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.18. The Travel & Leisure industry median Dividend Yield % is 2.81. Merida Industry Co's value of 5.49% is 95.4% above this industry median. Based on the distribution chart, Merida Industry Co ranks #78 out of 417 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Merida Industry Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merida Industry Co's Dividend Yield % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Merida Industry Co ranks #78 out of 417 companies for Dividend Yield %. This places Merida Industry Co in the top 19% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 2.81. Merida Industry Co's value of 5.49% is 95.4% above this benchmark. Historically, Merida Industry Co's own Dividend Yield % has ranged from 1.00 to 7.18 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 2.81, Merida Industry 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 Travel & Leisure company?
The median Dividend Yield % among Travel & Leisure companies is 2.81, based on 417 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. Merida Industry Co's current Dividend Yield % of 5.49% is 95.4% 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 Merida Industry Co and its competitors. For the Travel & Leisure industry, the median Dividend Yield % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merida Industry Co's current Dividend Yield % is 5.49%, which is 77% above median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Merida Industry Co (TPE:9914) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$136.73, compared to a current price of NT$72.80 — trading 46.8% below its estimated fair value. The current Dividend Yield % is 5.49%, which is 77% above median its 10-year median of 3.11 and 95.4% above the Travel & Leisure industry median of 2.81. Merida Industry Co's overall GF Score™ is 67/100 with 6 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 Merida Industry Co (TPE:9914), the current Dividend Yield % is 5.49% as of Jun. 26, 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 Merida Industry Co (TPE:9914) Overvalued in 2026?
Based on GuruFocus' analysis, Merida Industry Co stock appears to be undervalued.
The current stock price of NT$72.80 is trading 46.8% below its estimated GF Value™ of NT$136.73.
GuruFocus considers Merida Industry Co to be Significantly Undervalued.
Key valuation signals for TPE:9914:
Dividend Yield %: 5.49% (77% above median its 10-year median of 3.11)
GF Value™: NT$136.73 vs. price of NT$72.80 (46.8% below fair value)
Industry Position: 95.4% above the Travel & Leisure median (#78 of 417)
No single metric tells the full story. See the TPE:9914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. It distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.
67GF Score
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