TOA Paint (Thailand) Dividends and Buybacks
Dividend criteria checks 3/6
TOA Paint (Thailand) is a dividend paying company with a current yield of 4.12% that is well covered by earnings.
Key information
4.1%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 22.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.680 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
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 7 years.
Dividend Yield vs Market
| TOA Paint (Thailand) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOA) | 4.1% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Chemicals) | 3.0% |
| Analyst forecast (TOA) (up to 3 years) | 4.7% |
Notable Dividend: TOA's dividend (4.12%) is higher than the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: TOA's dividend (4.12%) is low compared to the top 25% of dividend payers in the TH market (6.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), TOA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.2%), TOA's dividend payments are covered by cash flows.