TQM Alpha Dividend
Dividend criteria checks 3/6
TQM Alpha is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
74%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿1.36 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TQM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TQM's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
TQM Alpha Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TQM) | 4.0% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Insurance) | 4.1% |
Analyst forecast in 3 Years (TQM) | 5.0% |
Notable Dividend: TQM's dividend (4%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: TQM's dividend (4%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.5%), TQM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.4%), TQM's dividend payments are covered by cash flows.