Tipco Asphalt Dividends and Buybacks
Dividend criteria checks 3/6
Tipco Asphalt is a dividend paying company with a current yield of 6.68%.
Key information
6.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 16.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿1.250 |
| Payout ratio | 147% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TASCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: TASCO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tipco Asphalt Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TASCO) | 6.7% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Basic Materials) | 4.1% |
| Analyst forecast (TASCO) (up to 3 years) | 6.3% |
Notable Dividend: TASCO's dividend (6.68%) is higher than the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: TASCO's dividend (6.68%) is low compared to the top 25% of dividend payers in the TH market (6.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (147.4%), TASCO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70%), TASCO's dividend payments are covered by cash flows.