Chung Tai Resource Technology (ROCO:6923) Dividend Payout Ratio : 1.58 (As of Dec. 2023)

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What is Chung Tai Resource Technology Dividend Payout Ratio?

Chung Tai Resource Technology's dividend payout ratio for the months ended in Dec. 2023 was 1.58.

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

ROCO:6923' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.65 Med: 0.65 Max: 0.65
Current: 0.65

During the past 5 years, the highest Dividend Payout Ratio of Chung Tai Resource Technology was 0.65. The lowest was 0.65. And the median was 0.65.

ROCO:6923's Dividend Payout Ratio is ranked worse than
72.34% of 94 companies
in the Waste Management industry
Industry Median: 0.365 vs ROCO:6923: 0.65

As of today (2024-05-27), the Dividend Yield % of Chung Tai Resource Technology is 1.98%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Chung Tai Resource Technology was 1.99%. The lowest was 1.82%. And the median was 1.90%.

Chung Tai Resource Technology's Dividends per Share for the months ended in Dec. 2023 was NT$2.00.

The growth rate is calculated with least square regression.

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

Chung Tai Resource Technology Dividend Payout Ratio Historical Data

The historical data trend for Chung Tai Resource 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.

Chung Tai Resource Technology Dividend Payout Ratio Chart

Chung Tai Resource Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.65

Chung Tai Resource Technology Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial			-	-	-	-	1.58

Competitive Comparison of Chung Tai Resource Technology's Dividend Payout Ratio

For the Waste Management subindustry, Chung Tai Resource 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.

Chung Tai Resource Technology's Dividend Payout Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Chung Tai Resource Technology's Dividend Payout Ratio falls into.

Chung Tai Resource Technology Dividend Payout Ratio Calculation

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

Chung Tai Resource Technology'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 )
	=	2	/	3.08
	=	0.65

Chung Tai Resource Technology's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	2	/	1.268
	=	1.58

Chung Tai Resource Technology (ROCO:6923) 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.

Chung Tai Resource Technology Dividend Payout Ratio Related Terms

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Chung Tai Resource Technology (ROCO:6923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Chung Tai Resource Technology Corp (ROCO:6923) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 328, Huanke Road, Guanyin District, Taoyuan City, TWN, 328451

Website

https://www.chinalab.com.tw

Chung Tai Resource Technology Corp provides waste removal and treatment, Pyrolysis treatment system, Recycling of Waste Printed Circuit Boards, Incineration Thermal Power Generation and Comprehensive Treatment R&D Center, waste lighting sources recycling, and other services.

Chung Tai Resource Technology (ROCO:6923) Headlines

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