Thai Nippon Rubber Industry Public Dividend
Dividend criteria checks 3/6
Thai Nippon Rubber Industry Public is a dividend paying company with a current yield of 5.49% that is well covered by earnings.
Key information
5.5%
Dividend yield
74%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ฿0.67 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TNR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TNR's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Thai Nippon Rubber Industry Public Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TNR) | 5.5% |
| Market Bottom 25% (TH) | 2.2% |
| Market Top 25% (TH) | 6.0% |
| Industry Average (Personal Products) | 3.0% |
| Analyst forecast in 3 Years (TNR) | n/a |
Notable Dividend: TNR's dividend (5.49%) is higher than the bottom 25% of dividend payers in the TH market (2.16%).
High Dividend: TNR's dividend (5.49%) is low compared to the top 25% of dividend payers in the TH market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.3%), TNR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71%), TNR's dividend payments are covered by cash flows.