TMBThanachart Bank Dividend
Dividend criteria checks 4/6
TMBThanachart Bank is a dividend paying company with a current yield of 5.77% that is well covered by earnings.
Key information
5.8%
Dividend yield
26%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.105 |
| Earnings per share | ฿0.21 |
| Dividend yield forecast | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TTB's dividend payments have been volatile in the past 10 years.
Growing Dividend: TTB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TMBThanachart Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TTB) | 5.8% |
| Market Bottom 25% (TH) | 2.4% |
| Market Top 25% (TH) | 6.6% |
| Industry Average (Banks) | 6.1% |
| Analyst forecast (TTB) (up to 3 years) | 7.6% |
Notable Dividend: TTB's dividend (5.77%) is higher than the bottom 25% of dividend payers in the TH market (2.44%).
High Dividend: TTB's dividend (5.77%) is low compared to the top 25% of dividend payers in the TH market (6.63%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.3%), TTB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TTB's dividends in 3 years are forecast to be covered by earnings (59% payout ratio).