Thai Plastic Industrial (1994) Dividend
Dividend criteria checks 3/6
Thai Plastic Industrial (1994) is a dividend paying company with a current yield of 2.6% that is well covered by earnings.
Key information
2.6%
Dividend yield
85%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.040 |
| Earnings per share | ฿0.047 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPLAS-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPLAS-R has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Thai Plastic Industrial (1994) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPLAS-R) | 2.6% |
| Market Bottom 25% (TH) | 2.4% |
| Market Top 25% (TH) | 6.4% |
| Industry Average (Packaging) | 2.7% |
| Analyst forecast (TPLAS-R) (up to 3 years) | n/a |
Notable Dividend: TPLAS-R's dividend (2.6%) is higher than the bottom 25% of dividend payers in the TH market (2.38%).
High Dividend: TPLAS-R's dividend (2.6%) is low compared to the top 25% of dividend payers in the TH market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.9%), TPLAS-R's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.2%), TPLAS-R's dividend payments are well covered by cash flows.