Land and Houses is a dividend paying company with a current yield of 6.8% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
6.8%
Dividend yield
80%
Payout ratio
Industry average yield
4.6%
Next dividend pay date
21 May 24
Ex dividend date
03 May 24
Dividend per share
n/a
Earnings per share
฿0.63
Dividend yield forecast in 3Y
8.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LH-R's dividend payments have been volatile in the past 10 years.
Growing Dividend: LH-R's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Land and Houses Dividend Yield vs Market
How does LH-R dividend yield compare to the market?
Segment
Dividend Yield
Company (LH-R)
6.8%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Real Estate)
4.6%
Analyst forecast in 3 Years (LH-R)
8.7%
Notable Dividend: LH-R's dividend (6.8%) is higher than the bottom 25% of dividend payers in the TH market (2.19%).
High Dividend: LH-R's dividend (6.8%) is in the top 25% of dividend payers in the TH market (5.96%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.9%), LH-R's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LH-R is paying a dividend but the company has no free cash flows.