North East Rubber Dividend
Dividend criteria checks 3/6
North East Rubber is a dividend paying company with a current yield of 6.48% that is well covered by earnings.
Key information
6.5%
Dividend yield
41%
Payout ratio
Industry average yield | 6.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿0.84 |
Dividend yield forecast in 3Y | 7.8% |
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) | 6.5% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Auto Components) | 6.8% |
Analyst forecast in 3 Years (NER) | 7.8% |
Notable Dividend: NER's dividend (6.48%) is higher than the bottom 25% of dividend payers in the TH market (2.19%).
High Dividend: NER's dividend (6.48%) is in the top 25% of dividend payers in the TH market (5.96%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), NER's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (520.1%), NER's dividend payments are not well covered by cash flows.