Ocean Glass Dividend
Dividend criteria checks 2/6
Ocean Glass is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.3%
Dividend yield
87%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ฿0.66 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OGC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OGC has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Ocean Glass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OGC) | 2.3% |
| Market Bottom 25% (TH) | 2.2% |
| Market Top 25% (TH) | 6.0% |
| Industry Average (Consumer Durables) | 2.4% |
| Analyst forecast in 3 Years (OGC) | n/a |
Notable Dividend: OGC's dividend (2.35%) is higher than the bottom 25% of dividend payers in the TH market (2.16%).
High Dividend: OGC's dividend (2.35%) is low compared to the top 25% of dividend payers in the TH market (5.95%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.7%), OGC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: OGC is paying a dividend but the company has no free cash flows.