P.S.P. Specialties Dividends and Buybacks
Dividend criteria checks 3/6
P.S.P. Specialties is a dividend paying company with a current yield of 3.23% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 10th October, 2024.
Key information
3.2%
Dividend yield
-33.7%
Buyback Yield
| Total Shareholder Yield | -30.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 10 Oct 24 |
| Dividend per share | ฿0.150 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PSP-F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PSP-F's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| P.S.P. Specialties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PSP-F) | 3.2% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Chemicals) | 2.9% |
| Analyst forecast (PSP-F) (up to 3 years) | n/a |
Notable Dividend: PSP-F's dividend (3.23%) is higher than the bottom 25% of dividend payers in the TH market (2.36%).
High Dividend: PSP-F's dividend (3.23%) is low compared to the top 25% of dividend payers in the TH market (6.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.2%), PSP-F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17%), PSP-F's dividend payments are well covered by cash flows.