Chin Huay Dividend
Dividend criteria checks 2/6
Chin Huay is a dividend paying company with a current yield of 1.57% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
1.6%
Dividend yield
57%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | 17 May 24 |
Ex dividend date | 07 May 24 |
Dividend per share | n/a |
Earnings per share | ฿0.07 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether CH's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CH's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Chin Huay Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CH) | 1.6% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Food) | 3.2% |
Analyst forecast in 3 Years (CH) | n/a |
Notable Dividend: CH's dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: CH's dividend (1.57%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.7%), CH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.8%), CH's dividend payments are well covered by cash flows.