Thai Oil Public Company Limited
SET:TOP Stock Report
Thai Oil Dividends and Buybacks
Dividend criteria checks 5/6
Thai Oil is a dividend paying company with a current yield of 9.75% that is well covered by earnings.
Key information
| Total Shareholder Yield | 9.7% |
| Future Dividend Yield | 9.2% |
| Dividend Growth | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿3.950 |
| Payout ratio | 87% |
Recent dividend and buyback updates
Stability and Growth of Payments
Stable Dividend: TOP's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thai Oil Dividend Yield vs Market |
|---|
How does TOP dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (TOP) | 9.8% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.6% |
| Industry Average (Oil and Gas) | 6.5% |
| Analyst forecast (TOP) (up to 3 years) | 9.2% |
Notable Dividend: TOP's dividend (9.75%) is higher than the bottom 25% of dividend payers in the TH market (2.5%).
High Dividend: TOP's dividend (9.75%) is in the top 25% of dividend payers in the TH market (6.58%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.1%), TOP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.3%), TOP's dividend payments are covered by cash flows.
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