Thaifoods Group Dividends and Buybacks
Dividend criteria checks 3/6
Thaifoods Group is a dividend paying company with a current yield of 7.62% that is well covered by earnings. Last payment was on 23rd May, 2023 with an ex-dividend date of 3rd May, 2023.
Key information
7.6%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 8.3% |
| Dividend Growth | 18.5% |
| Next dividend pay date | 23 May 23 |
| Ex dividend date | 03 May 23 |
| Dividend per share | n/a |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TFG-F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TFG-F's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Thaifoods Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TFG-F) | 7.6% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Food) | 3.8% |
| Analyst forecast (TFG-F) (up to 3 years) | 8.3% |
Notable Dividend: TFG-F's dividend (7.62%) is higher than the bottom 25% of dividend payers in the TH market (2.42%).
High Dividend: TFG-F's dividend (7.62%) is in the top 25% of dividend payers in the TH market (6.87%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.9%), TFG-F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1442%), TFG-F's dividend payments are not well covered by cash flows.