Grand Canal Land Dividend
Dividend criteria checks 2/6
Grand Canal Land is a dividend paying company with a current yield of 1.58% that is well covered by earnings.
Key information
1.6%
Dividend yield
38%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.025 |
| Earnings per share | ฿0.066 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLAND-R's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLAND-R's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Grand Canal Land Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLAND-R) | 1.6% |
| Market Bottom 25% (TH) | 2.3% |
| Market Top 25% (TH) | 6.4% |
| Industry Average (Real Estate) | 4.4% |
| Analyst forecast (GLAND-R) (up to 3 years) | n/a |
Notable Dividend: GLAND-R's dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.3%).
High Dividend: GLAND-R's dividend (1.58%) is low compared to the top 25% of dividend payers in the TH market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), GLAND-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.1%), GLAND-R's dividend payments are well covered by cash flows.