Toray Textiles (Thailand) Dividend
Dividend criteria checks 3/6
Toray Textiles (Thailand) is a dividend paying company with a current yield of 3.71% that is well covered by earnings.
Key information
3.7%
Dividend yield
71%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿2.32 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TTT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TTT has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Toray Textiles (Thailand) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TTT) | 3.7% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Luxury) | 3.8% |
Analyst forecast in 3 Years (TTT) | n/a |
Notable Dividend: TTT's dividend (3.71%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: TTT's dividend (3.71%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.2%), TTT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), TTT's dividend payments are well covered by cash flows.