Thai Steel Cable Dividends and Buybacks
Dividend criteria checks 4/6
Thai Steel Cable is a dividend paying company with a current yield of 8.39%.
Key information
8.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.4% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿1.200 |
| Payout ratio | 98% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TSC) | 8.4% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.5% |
| Industry Average (Auto Components) | 6.3% |
| Analyst forecast (TSC) (up to 3 years) | 8.4% |
Notable Dividend: TSC's dividend (8.39%) is higher than the bottom 25% of dividend payers in the TH market (2.49%).
High Dividend: TSC's dividend (8.39%) is in the top 25% of dividend payers in the TH market (6.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.8%), TSC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.6%), TSC's dividend payments are covered by cash flows.