TQM Alpha Dividend
Dividend criteria checks 2/6
TQM Alpha is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.2%
Dividend yield
67%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.900 |
| Earnings per share | ฿1.41 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TQM-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TQM-R's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| TQM Alpha Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TQM-R) | 3.2% |
| Market Bottom 25% (TH) | 2.3% |
| Market Top 25% (TH) | 6.3% |
| Industry Average (Insurance) | 3.7% |
| Analyst forecast (TQM-R) (up to 3 years) | 4.0% |
Notable Dividend: TQM-R's dividend (3.13%) is higher than the bottom 25% of dividend payers in the TH market (2.29%).
High Dividend: TQM-R's dividend (3.13%) is low compared to the top 25% of dividend payers in the TH market (6.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.4%), TQM-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TQM-R is paying a dividend but the company has no free cash flows.