Praram 9 Hospital Dividend
Dividend criteria checks 2/6
Praram 9 Hospital is a dividend paying company with a current yield of 1.46% that is well covered by earnings.
Key information
1.5%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.300 |
| Earnings per share | ฿0.80 |
| Dividend yield forecast | 2.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PR9 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PR9's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Praram 9 Hospital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PR9) | 1.5% |
| Market Bottom 25% (TH) | 2.3% |
| Market Top 25% (TH) | 6.4% |
| Industry Average (Healthcare) | 2.3% |
| Analyst forecast (PR9) (up to 3 years) | 2.7% |
Notable Dividend: PR9's dividend (1.46%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.31%).
High Dividend: PR9's dividend (1.46%) is low compared to the top 25% of dividend payers in the TH market (6.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), PR9's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.3%), PR9's dividend payments are well covered by cash flows.