Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 3/6
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust is a dividend paying company with a current yield of 7.81% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
7.8%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 9.7% |
| Future Dividend Yield | 7.8% |
| Dividend Growth | 13.6% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | ฿0.562 |
| Payout ratio | 76% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPRIME has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPRIME's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPRIME) | 7.8% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Office REITs) | 11.1% |
| Analyst forecast (TPRIME) (up to 3 years) | 7.8% |
Notable Dividend: TPRIME's dividend (7.81%) is higher than the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: TPRIME's dividend (7.81%) is in the top 25% of dividend payers in the TH market (6.7%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.3%), TPRIME's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.1%), TPRIME's dividend payments are not well covered by cash flows.