Thai Metal Drum Manufacturing Dividends and Buybacks
Dividend criteria checks 4/6
Thai Metal Drum Manufacturing is a dividend paying company with a current yield of 6.45% that is well covered by earnings.
Key information
6.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿1.600 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TMD-R's dividend payments have been volatile in the past 10 years.
Growing Dividend: TMD-R's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thai Metal Drum Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TMD-R) | 6.5% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.8% |
| Industry Average (Packaging) | 3.4% |
| Analyst forecast (TMD-R) (up to 3 years) | n/a |
Notable Dividend: TMD-R's dividend (6.45%) is higher than the bottom 25% of dividend payers in the TH market (2.53%).
High Dividend: TMD-R's dividend (6.45%) is low compared to the top 25% of dividend payers in the TH market (6.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.7%), TMD-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.3%), TMD-R's dividend payments are covered by cash flows.