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Kuang Hong Arts Management (ROCO:6596) 3-Year Dividend Growth Rate : -51.80% (As of Mar. 2024)


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What is Kuang Hong Arts Management 3-Year Dividend Growth Rate?

Kuang Hong Arts Management's Dividends per Share for the three months ended in Mar. 2024 was NT$5.30.

The historical rank and industry rank for Kuang Hong Arts Management's 3-Year Dividend Growth Rate or its related term are showing as below:

ROCO:6596' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -51.8   Med: 16.1   Max: 44.1
Current: -51.8

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Kuang Hong Arts Management was 44.10% per year. The lowest was -51.80% per year. And the median was 16.10% per year.

ROCO:6596's 3-Year Dividend Growth Rate is ranked worse than
98.14% of 215 companies
in the Media - Diversified industry
Industry Median: 9.8 vs ROCO:6596: -51.80

During the past 3 years, the average Dividends Per Share Growth Rate was -51.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Kuang Hong Arts Management's Dividend Payout Ratio for the three months ended in Mar. 2024 was 2.39. As of today, Kuang Hong Arts Management's Dividend Yield % is 7.88%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kuang Hong Arts Management Inc is 0.83, which seems too high.

Good Sign:

Kuang Hong Arts Management Inc stock dividend yield is close to 1-year high.

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


Competitive Comparison of Kuang Hong Arts Management's 3-Year Dividend Growth Rate

For the Entertainment subindustry, Kuang Hong Arts Management's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Kuang Hong Arts Management's 3-Year Dividend Growth Rate Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kuang Hong Arts Management's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kuang Hong Arts Management's 3-Year Dividend Growth Rate falls into.



Kuang Hong Arts Management 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kuang Hong Arts Management  (ROCO:6596) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kuang Hong Arts Management'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 )
=5.3/ 2.22
=2.39

During the past 11 years, the highest Dividend Payout Ratio of Kuang Hong Arts Management was 2.57. The lowest was 0.10. And the median was 0.49.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kuang Hong Arts Management Inc is 0.83, which seems too high.

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

Kuang Hong Arts Management Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 5.3000002024-03-282024-03-292024-04-25Cash Dividendsemi-annuallyTWD:TWD 1.000000
TWD 0.4923572023-07-102023-07-112023-08-03Cash 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.

Kuang Hong Arts Management's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.792357/73.50
=7.88 %

Current Share Price is NT$73.50.
Kuang Hong Arts Management's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$5.792357.

During the past 11 years, the highest Dividend Yield of Kuang Hong Arts Management was 10.04%. The lowest was 0.62%. And the median was 6.00%.

Good Sign:

Kuang Hong Arts Management Inc stock dividend yield is close to 1-year high.

* 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.


Kuang Hong Arts Management 3-Year Dividend Growth Rate Related Terms>


Kuang Hong Arts Management (ROCO:6596) Business Description

Traded in Other Exchanges
N/A
Address
No. 267, Lequn 2nd Road, 6th Floor, Zhongshan District, Taipei, TWN, 10485
Kuang Hong Arts Management Inc is a media company involved in promoting cultural events which include music, dance, exhibitions, Drama, Lectures, and other events.

Kuang Hong Arts Management (ROCO:6596) Headlines

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