Yong Concrete Dividends and Buybacks
Dividend criteria checks 3/6
Yong Concrete is a dividend paying company with a current yield of 6.5% that is well covered by earnings.
Key information
6.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 122.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.080 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, YONG-F has been paying a dividend for less than 10 years.
Growing Dividend: YONG-F has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Yong Concrete Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (YONG-F) | 6.6% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Basic Materials) | 4.1% |
| Analyst forecast (YONG-F) (up to 3 years) | n/a |
Notable Dividend: YONG-F's dividend (6.5%) is higher than the bottom 25% of dividend payers in the TH market (2.53%).
High Dividend: YONG-F's dividend (6.5%) is low compared to the top 25% of dividend payers in the TH market (6.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), YONG-F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.1%), YONG-F's dividend payments are well covered by cash flows.