North East Rubber Dividend
Dividend criteria checks 3/6
North East Rubber is a dividend paying company with a current yield of 7.2% that is well covered by earnings.
Key information
7.2%
Dividend yield
37%
Payout ratio
Industry average yield | 6.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ฿0.340 |
Earnings per share | ฿0.91 |
Dividend yield forecast in 3Y | 9.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NER has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NER's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
North East Rubber Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NER) | 7.2% |
Market Bottom 25% (TH) | 2.4% |
Market Top 25% (TH) | 6.8% |
Industry Average (Auto Components) | 6.9% |
Analyst forecast in 3 Years (NER) | 9.0% |
Notable Dividend: NER's dividend (7.2%) is higher than the bottom 25% of dividend payers in the TH market (2.38%).
High Dividend: NER's dividend (7.2%) is in the top 25% of dividend payers in the TH market (6.84%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), NER's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NER is paying a dividend but the company has no free cash flows.