Thai President Foods Dividend
Dividend criteria checks 3/6
Thai President Foods is a dividend paying company with a current yield of 2.49% that is well covered by earnings. Next payment date is on 16th October, 2024 with an ex-dividend date of 2nd October, 2024.
Key information
2.5%
Dividend yield
39%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 16 Oct 24 |
| Ex dividend date | 02 Oct 24 |
| Dividend per share | ฿5.070 |
| Earnings per share | ฿12.96 |
| Dividend yield forecast | 2.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TFMAMA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TFMAMA's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Thai President Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TFMAMA) | 2.5% |
| Market Bottom 25% (TH) | 2.4% |
| Market Top 25% (TH) | 6.4% |
| Industry Average (Food) | 3.6% |
| Analyst forecast (TFMAMA) (up to 3 years) | 2.5% |
Notable Dividend: TFMAMA's dividend (2.49%) is higher than the bottom 25% of dividend payers in the TH market (2.37%).
High Dividend: TFMAMA's dividend (2.49%) is low compared to the top 25% of dividend payers in the TH market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), TFMAMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.6%), TFMAMA's dividend payments are well covered by cash flows.