Polyplex (Thailand) is a dividend paying company with a current yield of 1.94% that is well covered by earnings. Next payment date is on 22nd August, 2024 with an ex-dividend date of 1st August, 2024.
Key information
1.9%
Dividend yield
72%
Payout ratio
Industry average yield
2.5%
Next dividend pay date
22 Aug 24
Ex dividend date
01 Aug 24
Dividend per share
n/a
Earnings per share
฿0.33
Dividend yield forecast in 3Y
1.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PTL'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
How does PTL dividend yield compare to the market?
Segment
Dividend Yield
Company (PTL)
1.9%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.3%
Industry Average (Packaging)
2.5%
Analyst forecast in 3 Years (PTL)
1.9%
Notable Dividend: PTL's dividend (1.94%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.21%).
High Dividend: PTL's dividend (1.94%) 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 (71.8%), PTL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PTL is paying a dividend but the company has no free cash flows.