Thai Steel Cable Dividend
Dividend criteria checks 4/6
Thai Steel Cable is a dividend paying company with a current yield of 8.22%.
Key information
8.2%
Dividend yield
105%
Payout ratio
Industry average yield | 6.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿1.14 |
Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSC's dividend payments have been volatile in the past 10 years.
Growing Dividend: TSC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Thai Steel Cable Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TSC) | 8.2% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Auto Components) | 6.6% |
Analyst forecast in 3 Years (TSC) | 8.2% |
Notable Dividend: TSC's dividend (8.22%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: TSC's dividend (8.22%) is in the top 25% of dividend payers in the TH market (5.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (104.9%), TSC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.5%), TSC's dividend payments are covered by cash flows.