Thantawan Industry Public Company Limited

SET:THIP-R Stock Report

Market Cap: ฿2.6b

Thantawan Industry Dividend

Dividend criteria checks 4/6

Thantawan Industry is a dividend paying company with a current yield of 4.44% that is well covered by earnings.

Key information

4.4%

Dividend yield

61%

Payout ratio

Industry average yield2.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share฿1.300
Earnings per share฿3.77
Dividend yield forecast4.4%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: THIP-R's dividend payments have been volatile in the past 10 years.

Growing Dividend: THIP-R's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Thantawan Industry Dividend Yield vs Market
How does THIP-R dividend yield compare to the market?
SegmentDividend Yield
Company (THIP-R)4.4%
Market Bottom 25% (TH)2.3%
Market Top 25% (TH)6.4%
Industry Average (Packaging)2.8%
Analyst forecast (THIP-R) (up to 3 years)4.4%

Notable Dividend: THIP-R's dividend (4.44%) is higher than the bottom 25% of dividend payers in the TH market (2.32%).

High Dividend: THIP-R's dividend (4.44%) is low compared to the top 25% of dividend payers in the TH market (6.39%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (61%), THIP-R's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), THIP-R's dividend payments are well covered by cash flows.


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