Thai Eastern Group Holdings Dividend
Dividend criteria checks 2/6
Thai Eastern Group Holdings is a dividend paying company with a current yield of 3.55% that is well covered by earnings.
Key information
3.5%
Dividend yield
50%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿0.20 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TEGH-R's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TEGH-R's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Thai Eastern Group Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TEGH-R) | 3.5% |
Market Bottom 25% (TH) | 2.1% |
Market Top 25% (TH) | 6.0% |
Industry Average (Chemicals) | 2.6% |
Analyst forecast in 3 Years (TEGH-R) | 5.0% |
Notable Dividend: TEGH-R's dividend (3.55%) is higher than the bottom 25% of dividend payers in the TH market (2.13%).
High Dividend: TEGH-R's dividend (3.55%) is low compared to the top 25% of dividend payers in the TH market (5.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), TEGH-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TEGH-R is paying a dividend but the company has no free cash flows.