Taokaenoi Food & Marketing Dividend
Dividend criteria checks 2/6
Taokaenoi Food & Marketing is a dividend paying company with a current yield of 4.82% that is well covered by earnings.
Key information
4.8%
Dividend yield
73%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ฿0.460 |
Earnings per share | ฿0.63 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TKN-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TKN-R's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Taokaenoi Food & Marketing Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TKN-R) | 4.8% |
Market Bottom 25% (TH) | 2.4% |
Market Top 25% (TH) | 6.8% |
Industry Average (Food) | 3.3% |
Analyst forecast in 3 Years (TKN-R) | 6.3% |
Notable Dividend: TKN-R's dividend (4.82%) is higher than the bottom 25% of dividend payers in the TH market (2.38%).
High Dividend: TKN-R's dividend (4.82%) is low compared to the top 25% of dividend payers in the TH market (6.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.8%), TKN-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (144.7%), TKN-R's dividend payments are not well covered by cash flows.