Taste Gourmet Group (HKSE:08371) Dividend Payout Ratio : 0.87 (As of Dec. 2023)

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What is Taste Gourmet Group Dividend Payout Ratio?

Taste Gourmet Group's dividend payout ratio for the months ended in Dec. 2023 was 0.87.

The historical rank and industry rank for Taste Gourmet Group's Dividend Payout Ratio or its related term are showing as below:

HKSE:08371' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.35 Max: 1.13
Current: 0.45

During the past 8 years, the highest Dividend Payout Ratio of Taste Gourmet Group was 1.13. The lowest was 0.23. And the median was 0.35.

HKSE:08371's Dividend Payout Ratio is ranked worse than
60% of 160 companies
in the Restaurants industry
Industry Median: 0.34 vs HKSE:08371: 0.45

As of today (2024-06-03), the Dividend Yield % of Taste Gourmet Group is 7.13%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Taste Gourmet Group was 12.31%. The lowest was 1.17%. And the median was 4.51%.

Taste Gourmet Group's Dividends per Share for the months ended in Dec. 2023 was HK$0.06.

During the past 12 months, Taste Gourmet Group's average Dividends Per Share Growth Rate was 67.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.70% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Taste Gourmet Group was 29.30% per year. The lowest was 28.70% per year. And the median was 29.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Taste Gourmet Group Dividend Payout Ratio Historical Data

The historical data trend for Taste Gourmet Group's Dividend Payout Ratio 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.

* Premium members only.

Taste Gourmet Group Dividend Payout Ratio Chart

Taste Gourmet Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.53

0.35

0.23

1.13

0.35

Taste Gourmet Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.09	-	-	0.66	0.87

Competitive Comparison of Taste Gourmet Group's Dividend Payout Ratio

For the Restaurants subindustry, Taste Gourmet Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Taste Gourmet Group's Dividend Payout Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Taste Gourmet Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Taste Gourmet Group's Dividend Payout Ratio falls into.

Taste Gourmet Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Taste Gourmet Group's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.064	/	0.184
	=	0.35

Taste Gourmet Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.055	/	0.063
	=	0.87

Taste Gourmet Group (HKSE:08371) Dividend Payout Ratio Explanation

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.

Taste Gourmet Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Taste Gourmet Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Taste Gourmet Group (HKSE:08371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Taste Gourmet Group Ltd (HKSE:08371) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

99-101 Jervois Street, Unit B, 24th Floor, Crawford Tower, Sheung Wan, Hong Kong, HKG

Website

http://www.tastegourmet.com.hk

Taste Gourmet Group Ltd operates as a holding company. The company, through its subsidiaries, manages a chain of restaurants offering Vietnamese, Japanese, Chinese, Dessert, Kiosk, and Western cuisines. The principal activities of the Company are operating restaurants serving different kinds of cuisine in Hong Kong. Its restaurant's brands comprise of La'taste Vietnamese Cuisine, Rakuraku Ramen, Dab-Pa Peking and Szechuan Cuisine, Dab-Pa Peking and Szechuan Bistro, Urawa Japanese Restaurant, Nabe Urawa and Say Cheese, and others.

Executives

Ikeab Limited	2101 Beneficial owner
Chan Wai Chun	2201 Interest of corporation controlled by you
Wong Ngai Shan	2201 Interest of corporation controlled by you

Taste Gourmet Group (HKSE:08371) Headlines

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