Kijcharoen Engineering Electric Dividend
Dividend criteria checks 2/6
Kijcharoen Engineering Electric is a dividend paying company with a current yield of 5.99% that is well covered by earnings.
Key information
6.0%
Dividend yield
67%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.470 |
| Earnings per share | ฿0.71 |
| Dividend yield forecast | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KJL-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KJL-R's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Kijcharoen Engineering Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KJL-R) | 6.0% |
| Market Bottom 25% (TH) | 2.4% |
| Market Top 25% (TH) | 6.4% |
| Industry Average (Electrical) | 5.1% |
| Analyst forecast (KJL-R) (up to 3 years) | 6.8% |
Notable Dividend: KJL-R's dividend (5.99%) is higher than the bottom 25% of dividend payers in the TH market (2.39%).
High Dividend: KJL-R's dividend (5.99%) is low compared to the top 25% of dividend payers in the TH market (6.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.5%), KJL-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: KJL-R is paying a dividend but the company has no free cash flows.