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Shine Trend International Multimedia Tec (ROCO:6856) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Shine Trend International Multimedia Tec Dividend Payout Ratio?

Shine Trend International Multimedia Tec's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shine Trend International Multimedia Tec is 1.02, which seems too high.

The historical rank and industry rank for Shine Trend International Multimedia Tec's Dividend Payout Ratio or its related term are showing as below:

ROCO:6856' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.88   Max: 1.02
Current: 1.02


During the past 6 years, the highest Dividend Payout Ratio of Shine Trend International Multimedia Tec was 1.02. The lowest was 0.78. And the median was 0.88.

ROCO:6856's Dividend Payout Ratio is ranked worse than
83.13% of 332 companies
in the Media - Diversified industry
Industry Median: 0.41 vs ROCO:6856: 1.02

As of today (2024-05-29), the Dividend Yield % of Shine Trend International Multimedia Tec is 6.12%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Shine Trend International Multimedia Tec was 6.12%. The lowest was 4.22%. And the median was 4.87%.

Shine Trend International Multimedia Tec's Dividends per Share for the months ended in Mar. 2024 was NT$0.00.

During the past 12 months, Shine Trend International Multimedia Tec's average Dividends Per Share Growth Rate was 5.30% per year.

The growth rate is calculated with least square regression.

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


Shine Trend International Multimedia Tec Dividend Payout Ratio Historical Data

The historical data trend for Shine Trend International Multimedia Tec'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.

Shine Trend International Multimedia Tec Dividend Payout Ratio Chart

Shine Trend International Multimedia Tec Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial - - - 0.78 0.98

Shine Trend International Multimedia Tec Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 3.64 - -

Competitive Comparison of Shine Trend International Multimedia Tec's Dividend Payout Ratio

For the Entertainment subindustry, Shine Trend International Multimedia Tec'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.


Shine Trend International Multimedia Tec's Dividend Payout Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shine Trend International Multimedia Tec's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shine Trend International Multimedia Tec's Dividend Payout Ratio falls into.



Shine Trend International Multimedia Tec Dividend Payout Ratio Calculation

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

Shine Trend International Multimedia Tec'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 )
=4/ 4.078
=0.98

Shine Trend International Multimedia Tec'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 )
=0/ 0.979
=0.00

* 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.


Shine Trend International Multimedia Tec (ROCO:6856) 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.


Shine Trend International Multimedia Tec Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Shine Trend International Multimedia Tec's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shine Trend International Multimedia Tec (ROCO:6856) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Section 1, Guoguang Road, Dali District, Taichung, TWN
Shine Trend International Multimedia Tec is involved in the entertainment business. The company is focused on the production of programs for television.

Shine Trend International Multimedia Tec (ROCO:6856) Headlines

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