Asian Sea is a dividend paying company with a current yield of 4.48%. Next payment date is on 24th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
4.5%
Dividend yield
100%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
24 May 24
Ex dividend date
07 May 24
Dividend per share
n/a
Earnings per share
฿0.37
Dividend yield forecast in 3Y
4.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASIAN-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASIAN-R's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Asian Sea Corporation Dividend Yield vs Market
How does ASIAN-R dividend yield compare to the market?
Segment
Dividend Yield
Company (ASIAN-R)
4.5%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Food)
3.3%
Analyst forecast in 3 Years (ASIAN-R)
4.5%
Notable Dividend: ASIAN-R's dividend (4.48%) is higher than the bottom 25% of dividend payers in the TH market (2.19%).
High Dividend: ASIAN-R's dividend (4.48%) is low compared to the top 25% of dividend payers in the TH market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.6%), ASIAN-R's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.5%), ASIAN-R's dividend payments are well covered by cash flows.