Utility Business Alliance is a dividend paying company with a current yield of 4.29% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
4.3%
Dividend yield
40%
Payout ratio
Industry average yield
1.6%
Next dividend pay date
21 May 24
Ex dividend date
03 May 24
Dividend per share
n/a
Earnings per share
฿0.12
Dividend yield forecast in 3Y
4.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether UBA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UBA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Utility Business Alliance Dividend Yield vs Market
How does UBA dividend yield compare to the market?
Segment
Dividend Yield
Company (UBA)
4.3%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Commercial Services)
1.6%
Analyst forecast in 3 Years (UBA)
4.3%
Notable Dividend: UBA's dividend (4.29%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: UBA's dividend (4.29%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), UBA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.3%), UBA's dividend payments are well covered by cash flows.