Kuang Hong Arts Management (ROCO:6596) Dividend Payout Ratio : 2.39 (As of Mar. 2024)

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What is Kuang Hong Arts Management Dividend Payout Ratio?

Kuang Hong Arts Management's dividend payout ratio for the months ended in Mar. 2024 was 2.39.

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.

The historical rank and industry rank for Kuang Hong Arts Management's Dividend Payout Ratio or its related term are showing as below:

ROCO:6596' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.49 Max: 2.57
Current: 0.83

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.

ROCO:6596's Dividend Payout Ratio is ranked worse than
76.28% of 333 companies
in the Media - Diversified industry
Industry Median: 0.41 vs ROCO:6596: 0.83

As of today (2024-05-28), the Dividend Yield % of Kuang Hong Arts Management is 7.86%.

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

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

During the past 3 years, the average Dividends Per Share Growth Rate was -51.80% per year.

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.

The growth rate is calculated with least square regression.

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

Kuang Hong Arts Management Dividend Payout Ratio Historical Data

The historical data trend for Kuang Hong Arts Management'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.

Kuang Hong Arts Management Dividend Payout Ratio Chart

Kuang Hong Arts Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.22

0.90

0.10

Kuang Hong Arts Management Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.24	-	2.39

Competitive Comparison of Kuang Hong Arts Management's Dividend Payout Ratio

For the Entertainment subindustry, Kuang Hong Arts Management'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.

Kuang Hong Arts Management's Dividend Payout Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Kuang Hong Arts Management's Dividend Payout Ratio falls into.

Kuang Hong Arts Management Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.492	/	5.096
	=	0.10

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

Kuang Hong Arts Management (ROCO:6596) 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.

Kuang Hong Arts Management Dividend Payout Ratio Related Terms

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

Kuang Hong Arts Management (ROCO:6596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kuang Hong Arts Management Inc (ROCO:6596) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 267, Lequn 2nd Road, 6th Floor, Zhongshan District, Taipei, TWN, 10485

Website

https://www.khaminc.com.tw

Kuang Hong Arts Management Inc is a media company involved in promoting cultural events which include music, dance, exhibitions, Drama, Lectures, and other events.

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