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 yield | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ฿0.39 |
| Dividend yield forecast | 8.7% |
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 |
|---|
| Segment | Dividend 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.