Dental Corporation Dividend
Dividend criteria checks 3/6
Dental is a dividend paying company with a current yield of 3.49% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
3.5%
Dividend yield
58%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 21 May 24 |
Ex dividend date | 03 May 24 |
Dividend per share | n/a |
Earnings per share | ฿0.21 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: D has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: D has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Dental Corporation Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (D) | 3.5% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Healthcare) | 2.3% |
Analyst forecast in 3 Years (D) | 3.5% |
Notable Dividend: D's dividend (3.49%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: D's dividend (3.49%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.6%), D's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), D's dividend payments are well covered by cash flows.