Thai Coating Industrial Dividends and Buybacks
Dividend criteria checks 2/6
Thai Coating Industrial is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.500 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCOAT-R's dividend payments have been volatile in the past 10 years.
Growing Dividend: TCOAT-R's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Thai Coating Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCOAT-R) | 2.0% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Packaging) | 3.4% |
| Analyst forecast (TCOAT-R) (up to 3 years) | n/a |
Notable Dividend: TCOAT-R's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.53%).
High Dividend: TCOAT-R's dividend (2%) is low compared to the top 25% of dividend payers in the TH market (6.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.2%), TCOAT-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.4%), TCOAT-R's dividend payments are thoroughly covered by cash flows.