If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Chia Hsin Cement Corp is 1.14, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Chia Hsin Cement was 33.79. The lowest was 0.12. And the median was 1.14.
During the past 12 months, Chia Hsin Cement's average Dividends Per Share Growth Rate was -52.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -13.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 29.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chia Hsin Cement was 115.40% per year. The lowest was -41.50% per year. And the median was 29.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Chia Hsin Cement Dividend Yield % Historical Data
The historical data trend for Chia Hsin Cement'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.
Competitive Comparison of Chia Hsin Cement's Dividend Yield %
For the Building Materials subindustry, Chia Hsin Cement'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.
Chia Hsin Cement's Dividend Yield % Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Chia Hsin Cement's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Chia Hsin Cement's Dividend Yield % falls into.
Chia Hsin Cement Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Chia Hsin Cement Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 0.300000
2023-07-27
2023-07-28
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.
Chia Hsin Cement's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
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.
Thank you for viewing the detailed overview of Chia Hsin Cement's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Chia Hsin Cement Corp is a Taiwan-based company that operates through given segments. Its cement segment, which accounts for the majority of the company's revenue, manufactures and distributes cement and clinker in Taiwan and mainland China markets, and owns a minority stake in Taiwan-based cement and clinker maker TCC International. Its real estate segment engages in the leasing of a number of commercial buildings in Taiwan. Its Warehousing and storage segment engages in loading and unloading coal, sands, and other bulk cargo in the Port of Taipei and the Hospitality and catering services segment is in charge of catering and room service in the hotel and the maternal and child care center. The company also operates a hotel in Rome, Italy.
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