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Wave Power Technology (ROCO:6895) Dividend Yield % : 1.57% (As of Jun. 09, 2024)


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What is Wave Power Technology Dividend Yield %?

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

Warning Sign:

Wave Power Technology Inc stock dividend yield is close to 2-year low.

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

ROCO:6895' s Dividend Yield % Range Over the Past 10 Years
Min: 1.54   Med: 2.43   Max: 3.35
Current: 1.57

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

ROCO:6895's Dividend Yield % is ranked worse than
57.66% of 1899 companies
in the Industrial Products industry
Industry Median: 1.88 vs ROCO:6895: 1.57

Wave Power Technology's Dividend Payout Ratio for the three 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.

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.

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

Wave Power Technology's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Wave Power Technology'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.

* Premium members only.

Wave Power Technology Dividend Yield % Chart

Wave Power Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
- - - - -

Wave Power Technology Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.12 2.11 3.11 2.14

Competitive Comparison of Wave Power Technology's Dividend Yield %

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


Wave Power Technology's Dividend Yield % Distribution in the Industrial Products Industry

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

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



Wave Power Technology Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Wave Power Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 2.2000002024-03-222024-03-252024-04-19Cash DividendannuallyTWD: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.

Wave Power Technology's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.2/140.50
=1.57 %

Current Share Price is NT$140.50.
Wave Power Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$2.2.

Wave Power Technology's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.2/140.50
=1.57 %

Current Share Price is NT$140.50.
Wave Power Technology's Dividends per Share for the forward twelve months is calculated as NT$2.2 * 1 = NT$2.2.

* 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.


Wave Power Technology  (ROCO:6895) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Wave Power Technology Dividend Yield % Related Terms

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Wave Power Technology (ROCO:6895) Business Description

Traded in Other Exchanges
N/A
Address
No.31, Lane 598, Zhongzheng Road, Miaoli County, Toufen City, TWN, 35151
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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