Premier Tank Corporation Dividends and Buybacks
Dividend criteria checks 3/6
Premier Tank is a dividend paying company with a current yield of 4.93% that is well covered by earnings.
Key information
4.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 22.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.075 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PTC has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Premier Tank Corporation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PTC) | 4.9% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Oil and Gas) | 6.7% |
| Analyst forecast (PTC) (up to 3 years) | n/a |
Notable Dividend: PTC's dividend (4.93%) is higher than the bottom 25% of dividend payers in the TH market (2.54%).
High Dividend: PTC's dividend (4.93%) is low compared to the top 25% of dividend payers in the TH market (6.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.5%), PTC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.6%), PTC's dividend payments are well covered by cash flows.