Thai Life Insurance Dividend
Dividend criteria checks 2/6
Thai Life Insurance is a dividend paying company with a current yield of 3.7% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
3.7%
Dividend yield
40%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 24 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | ฿0.85 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TLI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TLI's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Thai Life Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TLI) | 3.7% |
| Market Bottom 25% (TH) | 2.2% |
| Market Top 25% (TH) | 6.0% |
| Industry Average (Insurance) | 4.1% |
| Analyst forecast in 3 Years (TLI) | 3.9% |
Notable Dividend: TLI's dividend (3.7%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: TLI's dividend (3.7%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), TLI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.7%), TLI's dividend payments are not well covered by cash flows.