Cheng Loong (TPE:1904) Dividend Payout Ratio : 3.15 (As of Jun. 2024)

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What is Cheng Loong Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Cheng Loong's Dividend Payout Ratio for the months ended in Jun. 2024 was 3.15.

The historical rank and industry rank for Cheng Loong's Dividend Payout Ratio or its related term are showing as below:

TPE:1904' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.51 Max: 1.27
Current: 0.51

During the past 13 years, the highest Dividend Payout Ratio of Cheng Loong was 1.27. The lowest was 0.21. And the median was 0.51.

TPE:1904's Dividend Payout Ratio is ranked worse than
65.65% of 131 companies
in the Forest Products industry
Industry Median: 0.33 vs TPE:1904: 0.51

As of today (2024-11-14), the Dividend Yield % of Cheng Loong is 2.19%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cheng Loong was 14.68%. The lowest was 1.73%. And the median was 3.92%.

Cheng Loong's Dividends per Share for the months ended in Jun. 2024 was NT$0.50.

During the past 12 months, Cheng Loong's average Dividends Per Share Growth Rate was -54.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cheng Loong was 37.00% per year. The lowest was -5.90% per year. And the median was 17.95% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Cheng Loong Dividend Payout Ratio Historical Data

The historical data trend for Cheng Loong'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.

Cheng Loong Dividend Payout Ratio Chart

Cheng Loong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.54

0.36

0.50

0.84

1.27

Cheng Loong Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	3.15

Competitive Comparison of Cheng Loong's Dividend Payout Ratio

For the Paper & Paper Products subindustry, Cheng Loong'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.

Cheng Loong's Dividend Payout Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cheng Loong's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cheng Loong's Dividend Payout Ratio falls into.

Cheng Loong Dividend Payout Ratio Calculation

Cheng Loong'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 )
	=	1.1	/	0.867
	=	1.27

Cheng Loong's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.5	/	0.159
	=	3.14

Cheng Loong (TPE:1904) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Cheng Loong Dividend Payout Ratio Related Terms

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

Cheng Loong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cheng Loong Corp (TPE:1904) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Section 1, Min Sheng Road, Banqiao District, New Taipei, TWN

Website

https://www.clc.com.tw

Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from its paper products business. Its geographical segments are Taiwan which generates key revenue, China, and other parts of Southeast Asia.

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