Thai Coconut Dividends and Buybacks
Dividend criteria checks 2/6
Thai Coconut is a dividend paying company with a current yield of 4.31% that is well covered by earnings.
Key information
4.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.500 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether COCOCO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if COCOCO's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Thai Coconut Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COCOCO) | 4.3% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Food) | 3.8% |
| Analyst forecast (COCOCO) (up to 3 years) | 2.4% |
Notable Dividend: COCOCO's dividend (4.31%) is higher than the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: COCOCO's dividend (4.31%) is low compared to the top 25% of dividend payers in the TH market (6.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.4%), COCOCO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: COCOCO is paying a dividend but the company has no free cash flows.