Taokaenoi Food & Marketing Dividends and Buybacks
Dividend criteria checks 2/6
Taokaenoi Food & Marketing is a dividend paying company with a current yield of 5.91% that is well covered by earnings.
Key information
5.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.4% |
| Dividend Growth | 11.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.550 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TKN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TKN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Taokaenoi Food & Marketing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TKN) | 5.9% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Food) | 3.8% |
| Analyst forecast (TKN) (up to 3 years) | 6.4% |
Notable Dividend: TKN's dividend (5.91%) is higher than the bottom 25% of dividend payers in the TH market (2.54%).
High Dividend: TKN's dividend (5.91%) is low compared to the top 25% of dividend payers in the TH market (6.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.3%), TKN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (257.7%), TKN's dividend payments are not well covered by cash flows.