Thai Wah Dividend
Dividend criteria checks 1/6
Thai Wah is a dividend paying company with a current yield of 2.41%. Next payment date is on 23rd May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
2.4%
Dividend yield
170%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 23 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | ฿0.054 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TWPC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TWPC has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Thai Wah Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TWPC) | 2.4% |
| Market Bottom 25% (TH) | 2.2% |
| Market Top 25% (TH) | 6.0% |
| Industry Average (Food) | 3.3% |
| Analyst forecast in 3 Years (TWPC) | 2.4% |
Notable Dividend: TWPC's dividend (2.41%) is higher than the bottom 25% of dividend payers in the TH market (2.19%).
High Dividend: TWPC's dividend (2.41%) is low compared to the top 25% of dividend payers in the TH market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (169.6%), TWPC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TWPC is paying a dividend but the company has no free cash flows.