Sappe Dividend
Dividend criteria checks 3/6
Sappe is a dividend paying company with a current yield of 2.38% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 24th April, 2024.
Key information
2.4%
Dividend yield
63%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | 17 May 24 |
Ex dividend date | 24 Apr 24 |
Dividend per share | n/a |
Earnings per share | ฿3.49 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SAPPE-F has been paying a dividend for less than 10 years.
Growing Dividend: SAPPE-F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Sappe Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SAPPE-F) | 2.4% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.3% |
Industry Average (Food) | 3.2% |
Analyst forecast in 3 Years (SAPPE-F) | 3.7% |
Notable Dividend: SAPPE-F's dividend (2.38%) is higher than the bottom 25% of dividend payers in the TH market (2.15%).
High Dividend: SAPPE-F's dividend (2.38%) is low compared to the top 25% of dividend payers in the TH market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.6%), SAPPE-F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), SAPPE-F's dividend payments are covered by cash flows.