Yong Concrete Dividend
Dividend criteria checks 3/6
Yong Concrete is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
43%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿0.19 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether YONG-R's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if YONG-R's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Yong Concrete Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (YONG-R) | 4.0% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.1% |
Industry Average (Basic Materials) | 3.5% |
Analyst forecast in 3 Years (YONG-R) | n/a |
Notable Dividend: YONG-R's dividend (4%) is higher than the bottom 25% of dividend payers in the TH market (2.15%).
High Dividend: YONG-R's dividend (4%) is low compared to the top 25% of dividend payers in the TH market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), YONG-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.1%), YONG-R's dividend payments are covered by cash flows.