Nl Development Dividends and Buybacks
Dividend criteria checks 3/6
Nl Development is a dividend paying company with a current yield of 10.41% that is well covered by earnings.
Key information
10.4%
Dividend yield
-56.5%
Buyback Yield
| Total Shareholder Yield | -46.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.121 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NL-R's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NL-R's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Nl Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NL-R) | 10.4% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.8% |
| Industry Average (Construction) | 2.4% |
| Analyst forecast (NL-R) (up to 3 years) | n/a |
Notable Dividend: NL-R's dividend (10.41%) is higher than the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: NL-R's dividend (10.41%) is in the top 25% of dividend payers in the TH market (6.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), NL-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NL-R is paying a dividend but the company has no free cash flows.