Tipco Asphalt Dividend
Dividend criteria checks 3/6
Tipco Asphalt is a dividend paying company with a current yield of 7.96%.
Key information
8.0%
Dividend yield
166%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ฿1.250 |
Earnings per share | ฿0.75 |
Dividend yield forecast in 3Y | 8.7% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (TASCO) | 8.0% |
Market Bottom 25% (TH) | 2.4% |
Market Top 25% (TH) | 6.8% |
Industry Average (Basic Materials) | 3.9% |
Analyst forecast in 3 Years (TASCO) | 8.7% |
Notable Dividend: TASCO's dividend (7.96%) is higher than the bottom 25% of dividend payers in the TH market (2.38%).
High Dividend: TASCO's dividend (7.96%) is in the top 25% of dividend payers in the TH market (6.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (166.4%), TASCO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106.2%), TASCO's dividend payments are not well covered by cash flows.