Wave Power Technology (ROCO:6895) Dividend Payout Ratio : 6.47 (As of Mar. 2024)

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What is Wave Power Technology Dividend Payout Ratio?

Wave Power Technology's dividend payout ratio for the months ended in Mar. 2024 was 6.47.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Wave Power Technology Inc is 1.52, which seems too high.

The historical rank and industry rank for Wave Power Technology's Dividend Payout Ratio or its related term are showing as below:

ROCO:6895' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.52
Current: 1.52

During the past 5 years, the highest Dividend Payout Ratio of Wave Power Technology was 1.52. The lowest was 0.00. And the median was 0.00.

ROCO:6895's Dividend Payout Ratio is ranked worse than
94.89% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs ROCO:6895: 1.52

As of today (2024-06-09), the Dividend Yield % of Wave Power Technology is 1.57%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Wave Power Technology was 3.35%. The lowest was 1.54%. And the median was 2.43%.

Wave Power Technology's Dividends per Share for the months ended in Mar. 2024 was NT$2.20.

The growth rate is calculated with least square regression.

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

Wave Power Technology Dividend Payout Ratio Historical Data

The historical data trend for Wave Power Technology'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.

Wave Power Technology Dividend Payout Ratio Chart

Wave Power Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

Wave Power Technology Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial							-	4.73	-	-	6.47

Competitive Comparison of Wave Power Technology's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Wave Power Technology'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.

Wave Power Technology's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wave Power Technology's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Wave Power Technology's Dividend Payout Ratio falls into.

Wave Power Technology Dividend Payout Ratio Calculation

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

Wave Power Technology's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0	/	3.64
	=	0.00

Wave Power Technology's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	2.2	/	0.34
	=	6.47

Wave Power Technology (ROCO:6895) 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.

Wave Power Technology Dividend Payout Ratio Related Terms

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

Wave Power Technology (ROCO:6895) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wave Power Technology Inc (ROCO:6895) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.31, Lane 598, Zhongzheng Road, Miaoli County, Toufen City, TWN, 35151

Website

https://www.wavepower.com.tw

Wave Power Technology Inc manufactures and distributes electrical power equipment. Its products are based on proprietary 4-H technology associated with high power, frequency, voltage, and vacuum. Its product portfolio comprises of Microwave Generator, Industrial Magnetron, Variable Capacitor, Feedthrough, Vacuum View Port, High-voltage Break-off Section, Magnet, Heater, and Hermetic Sealing.

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