Asefa Dividend
Dividend criteria checks 2/6
Asefa is a dividend paying company with a current yield of 4.87% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
4.9%
Dividend yield
61%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | 24 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | ฿0.32 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASEFA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASEFA has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Asefa Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASEFA) | 4.9% |
| Market Bottom 25% (TH) | 2.2% |
| Market Top 25% (TH) | 6.0% |
| Industry Average (Electrical) | 5.1% |
| Analyst forecast in 3 Years (ASEFA) | n/a |
Notable Dividend: ASEFA's dividend (4.87%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: ASEFA's dividend (4.87%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.6%), ASEFA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ASEFA is paying a dividend but the company has no free cash flows.