Noble Development Public Company Limited

SET:NOBLE-W2-R Stock Report

Market Cap: ฿5.7b

Noble Development Dividend

Dividend criteria checks 3/6

Noble Development is a dividend paying company with a current yield of 4.81% that is well covered by earnings.

Key information

4.8%

Dividend yield

51%

Payout ratio

Industry average yield4.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share฿0.39
Dividend yield forecast8.7%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NOBLE-W2-R's dividend payments have been volatile in the past 10 years.

Growing Dividend: NOBLE-W2-R's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Noble Development Dividend Yield vs Market
How does NOBLE-W2-R dividend yield compare to the market?
SegmentDividend Yield
Company (NOBLE-W2-R)4.8%
Market Bottom 25% (TH)2.4%
Market Top 25% (TH)6.4%
Industry Average (Real Estate)4.4%
Analyst forecast (NOBLE-W2-R) (up to 3 years)8.7%

Notable Dividend: NOBLE-W2-R's dividend (4.81%) is higher than the bottom 25% of dividend payers in the TH market (2.42%).

High Dividend: NOBLE-W2-R's dividend (4.81%) is low compared to the top 25% of dividend payers in the TH market (6.87%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.3%), NOBLE-W2-R's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate NOBLE-W2-R's cash payout ratio to determine if its dividend payments are covered by cash flows.


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