Eastern Technical Engineering Dividend
Dividend criteria checks 2/6
Eastern Technical Engineering is a dividend paying company with a current yield of 2.54% that is well covered by earnings.
Key information
2.5%
Dividend yield
36%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿0.083 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ETE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ETE has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
Eastern Technical Engineering Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ETE) | 2.5% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.1% |
Industry Average (Construction) | 1.9% |
Analyst forecast in 3 Years (ETE) | n/a |
Notable Dividend: ETE's dividend (2.54%) is higher than the bottom 25% of dividend payers in the TH market (2.17%).
High Dividend: ETE's dividend (2.54%) is low compared to the top 25% of dividend payers in the TH market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), ETE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ETE is paying a dividend but the company has no free cash flows.