Thaire Life Assurance Dividend
Dividend criteria checks 2/6
Thaire Life Assurance is a dividend paying company with a current yield of 3.3% that is well covered by earnings.
Key information
3.3%
Dividend yield
59%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | 08 May 23 |
| Dividend per share | n/a |
| Earnings per share | ฿0.26 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: THREL-F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: THREL-F has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Thaire Life Assurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (THREL-F) | 3.3% |
| Market Bottom 25% (TH) | 2.3% |
| Market Top 25% (TH) | 6.4% |
| Industry Average (Insurance) | 3.6% |
| Analyst forecast (THREL-F) (up to 3 years) | n/a |
Notable Dividend: THREL-F's dividend (3.3%) is higher than the bottom 25% of dividend payers in the TH market (2.42%).
High Dividend: THREL-F's dividend (3.3%) is low compared to the top 25% of dividend payers in the TH market (6.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.8%), THREL-F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (180%), THREL-F's dividend payments are not well covered by cash flows.