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Shine Trend International Multimedia Tec (ROCO:6856) Dividend Yield % : 6.06% (As of May. 28, 2024)


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What is Shine Trend International Multimedia Tec Dividend Yield %?

As of today (2024-05-28), the Trailing Annual Dividend Yield of Shine Trend International Multimedia Tec is 6.06%.

Good Sign:

Shine Trend International Multimedia Tec stock dividend yield is close to 2-year high.

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

ROCO:6856' s Dividend Yield % Range Over the Past 10 Years
Min: 4.22   Med: 4.87   Max: 6.12
Current: 6.06

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

ROCO:6856's Dividend Yield % is ranked better than
82.82% of 390 companies
in the Media - Diversified industry
Industry Median: 2.695 vs ROCO:6856: 6.06

Shine Trend International Multimedia Tec's Dividend Payout Ratio for the three 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.

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.

As of today (2024-05-28), the Forward Dividend Yield % of Shine Trend International Multimedia Tec is 6.06%.

Shine Trend International Multimedia Tec's Dividends per Share for the three 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 Yield % Historical Data

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

Shine Trend International Multimedia Tec Dividend Yield % Chart

Shine Trend International Multimedia Tec Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - 4.74 5.93

Shine Trend International Multimedia Tec Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % 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 4.69 4.78 4.73 5.93 5.90

Competitive Comparison of Shine Trend International Multimedia Tec's Dividend Yield %

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


Shine Trend International Multimedia Tec's Dividend Yield % Distribution in the Media - Diversified Industry

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

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



Shine Trend International Multimedia Tec Dividend Yield % Calculation

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

Shine Trend International Multimedia Tec Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 4.0000002023-07-242023-07-252023-08-16Cash 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.

Shine Trend International Multimedia Tec's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4/65.40
=6.12 %

Current Share Price is NT$65.40.
Shine Trend International Multimedia Tec's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$4.

Shine Trend International Multimedia Tec's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4/65.40
=6.12 %

Current Share Price is NT$65.40.
Shine Trend International Multimedia Tec's Dividends per Share for the forward twelve months is calculated as NT$4 * 1 = NT$4.

* 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 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.


Shine Trend International Multimedia Tec Dividend Yield % Related Terms

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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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