Praram 9 Hospital is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
1.6%
Dividend yield
42%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
20 May 24
Ex dividend date
02 May 24
Dividend per share
n/a
Earnings per share
฿0.71
Dividend yield forecast in 3Y
2.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PR9-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PR9-R's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Praram 9 Hospital Dividend Yield vs Market
How does PR9-R dividend yield compare to the market?
Segment
Dividend Yield
Company (PR9-R)
1.6%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Healthcare)
2.2%
Analyst forecast in 3 Years (PR9-R)
2.8%
Notable Dividend: PR9-R's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.19%).
High Dividend: PR9-R's dividend (1.56%) is low compared to the top 25% of dividend payers in the TH market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.3%), PR9-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.5%), PR9-R's dividend payments are well covered by cash flows.