Thai Oil Dividend
Dividend criteria checks 5/6
Thai Oil is a dividend paying company with a current yield of 6.24% that is well covered by earnings.
Key information
6.2%
Dividend yield
39%
Payout ratio
Industry average yield | 6.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿8.70 |
Dividend yield forecast in 3Y | 9.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
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 |
---|
Segment | Dividend Yield |
---|---|
Company (TOP) | 6.2% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Oil and Gas) | 6.2% |
Analyst forecast in 3 Years (TOP) | 9.2% |
Notable Dividend: TOP's dividend (6.24%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: TOP's dividend (6.24%) is in the top 25% of dividend payers in the TH market (5.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), TOP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.3%), TOP's dividend payments are covered by cash flows.