Precise Corporation Dividend
Dividend criteria checks 4/6
Precise is a dividend paying company with a current yield of 6.85% that is well covered by earnings. Next payment date is on 28th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
6.8%
Dividend yield
76%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 28 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | ฿0.26 |
| 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: Too early to tell whether PCC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PCC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Precise Corporation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PCC) | 6.8% |
| Market Bottom 25% (TH) | 2.2% |
| Market Top 25% (TH) | 6.0% |
| Industry Average (Electrical) | 5.2% |
| Analyst forecast in 3 Years (PCC) | n/a |
Notable Dividend: PCC's dividend (6.85%) is higher than the bottom 25% of dividend payers in the TH market (2.16%).
High Dividend: PCC's dividend (6.85%) is in the top 25% of dividend payers in the TH market (5.96%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.8%), PCC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), PCC's dividend payments are well covered by cash flows.