What is Kwong Lung Enterprise Co Dividend Yield %?
As of today (2024-06-01), the Trailing Annual Dividend Yield of Kwong Lung Enterprise Co is 6.29%.
The historical rank and industry rank for Kwong Lung Enterprise Co's Dividend Yield % or its related term are showing as below:
ROCO:8916'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.28 Med: 6.59 Max: 14.31
Current: 6.29
During the past 13 years, the highest Dividend Yield of Kwong Lung Enterprise Co was 14.31%. The lowest was 2.28%. And the median was 6.59%.
ROCO:8916's Dividend Yield % is ranked better than 86.3% of 540
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.48
vs ROCO:8916: 6.29
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kwong Lung Enterprise Co Ltd is 0.86, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Kwong Lung Enterprise Co was 1.27. The lowest was 0.51. And the median was 0.77.
During the past 12 months, Kwong Lung Enterprise Co's average Dividends Per Share Growth Rate was 26.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kwong Lung Enterprise Co was 44.80% per year. The lowest was -5.80% per year. And the median was 9.95% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Kwong Lung Enterprise Co Dividend Yield % Historical Data
* 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.
Competitive Comparison of Kwong Lung Enterprise Co's Dividend Yield %
For the Textile Manufacturing subindustry, Kwong Lung Enterprise Co'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.
Kwong Lung Enterprise Co's Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kwong Lung Enterprise Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kwong Lung Enterprise Co's Dividend Yield % falls into.
Kwong Lung Enterprise Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kwong Lung Enterprise Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 3.786096
2023-08-15
2023-08-16
2023-08-31
Cash Dividend
annually
TWD: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.
* 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.
Kwong Lung Enterprise Co (ROCO:8916) 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.
Kwong Lung Enterprise Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Kwong Lung Enterprise Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kwong Lung Enterprise Co (ROCO:8916) Business Description
Kwong Lung Enterprise Co Ltd is engaged in manufacturing down feathers, bedding, garment, and sports jackets. The company products and services include Downing, Garment, Home Textile, and brand. It generates revenue through the production and sale of ready-made garments, down materials, and home textile products.
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