TOA Paint (Thailand) is a dividend paying company with a current yield of 2.77% that is well covered by earnings. Next payment date is on 28th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
2.8%
Dividend yield
54%
Payout ratio
Industry average yield
2.7%
Next dividend pay date
28 May 24
Ex dividend date
08 May 24
Dividend per share
n/a
Earnings per share
฿1.28
Dividend yield forecast in 3Y
2.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TOA's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
TOA Paint (Thailand) Dividend Yield vs Market
How does TOA dividend yield compare to the market?
Segment
Dividend Yield
Company (TOA)
2.8%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Chemicals)
2.7%
Analyst forecast in 3 Years (TOA)
2.9%
Notable Dividend: TOA's dividend (2.77%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: TOA's dividend (2.77%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.7%), TOA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.6%), TOA's dividend payments are covered by cash flows.