Prima Marine Dividend
Dividend criteria checks 3/6
Prima Marine is a dividend paying company with a current yield of 4.39% that is well covered by earnings.
Key information
4.4%
Dividend yield
42%
Payout ratio
Industry average yield | 6.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿0.91 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PRM-R has been paying a dividend for less than 10 years.
Growing Dividend: PRM-R's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Prima Marine Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PRM-R) | 4.4% |
Market Bottom 25% (TH) | 2.3% |
Market Top 25% (TH) | 6.3% |
Industry Average (Oil and Gas) | 6.5% |
Analyst forecast in 3 Years (PRM-R) | 5.0% |
Notable Dividend: PRM-R's dividend (4.39%) is higher than the bottom 25% of dividend payers in the TH market (2.25%).
High Dividend: PRM-R's dividend (4.39%) is low compared to the top 25% of dividend payers in the TH market (6.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), PRM-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), PRM-R's dividend payments are covered by cash flows.