Asian Sea Corporation Dividend
Dividend criteria checks 4/6
Asian Sea is a dividend paying company with a current yield of 7.95% that is well covered by earnings.
Key information
8.0%
Dividend yield
80%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.720 |
| Earnings per share | ฿0.90 |
| Dividend yield forecast | 8.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASIAN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASIAN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Asian Sea Corporation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASIAN) | 8.0% |
| Market Bottom 25% (TH) | 2.3% |
| Market Top 25% (TH) | 6.3% |
| Industry Average (Food) | 3.6% |
| Analyst forecast (ASIAN) (up to 3 years) | 8.0% |
Notable Dividend: ASIAN's dividend (7.95%) is higher than the bottom 25% of dividend payers in the TH market (2.28%).
High Dividend: ASIAN's dividend (7.95%) is in the top 25% of dividend payers in the TH market (6.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.6%), ASIAN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.4%), ASIAN's dividend payments are well covered by cash flows.