Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition Dividend
Dividend criteria checks 4/6
Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition is a dividend paying company with a current yield of 6.47% that is well covered by earnings.
Key information
6.5%
Dividend yield
97%
Payout ratio
Industry average yield | 8.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿0.82 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GROREIT has been paying a dividend for less than 10 years.
Growing Dividend: GROREIT's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GROREIT) | 6.5% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.1% |
Industry Average (Hotel and Resort REITs) | 8.9% |
Analyst forecast in 3 Years (GROREIT) | n/a |
Notable Dividend: GROREIT's dividend (6.47%) is higher than the bottom 25% of dividend payers in the TH market (2.15%).
High Dividend: GROREIT's dividend (6.47%) is in the top 25% of dividend payers in the TH market (6.08%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (97.3%), GROREIT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (95.6%), GROREIT's dividend payments are covered by cash flows.