Polyplex (Thailand) Dividends and Buybacks
Dividend criteria checks 2/6
Polyplex (Thailand) is a dividend paying company with a current yield of 3.1% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 17.4% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | ฿0.390 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTL-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PTL-R's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Polyplex (Thailand) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PTL-R) | 3.1% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Packaging) | 3.3% |
| Analyst forecast (PTL-R) (up to 3 years) | 3.1% |
Notable Dividend: PTL-R's dividend (3.1%) is higher than the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: PTL-R's dividend (3.1%) is low compared to the top 25% of dividend payers in the TH market (6.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), PTL-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PTL-R is paying a dividend but the company has no free cash flows.