Thai Plastic Industrial (1994) Dividend
Dividend criteria checks 3/6
Thai Plastic Industrial (1994) is a dividend paying company with a current yield of 3.08% that is well covered by earnings.
Key information
3.1%
Dividend yield
86%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿0.047 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPLAS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPLAS has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Thai Plastic Industrial (1994) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TPLAS) | 3.1% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.3% |
Industry Average (Packaging) | 2.5% |
Analyst forecast in 3 Years (TPLAS) | n/a |
Notable Dividend: TPLAS's dividend (3.08%) is higher than the bottom 25% of dividend payers in the TH market (2.21%).
High Dividend: TPLAS's dividend (3.08%) is low compared to the top 25% of dividend payers in the TH market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.8%), TPLAS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.7%), TPLAS's dividend payments are well covered by cash flows.