Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition Dividends and Buybacks
Dividend criteria checks 3/6
Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition is a dividend paying company with a current yield of 6.44% that is well covered by earnings.
Key information
6.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.560 |
| Payout ratio | 97% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GROREIT-F has been paying a dividend for less than 10 years.
Growing Dividend: GROREIT-F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GROREIT-F) | 6.4% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Hotel and Resort REITs) | 8.6% |
| Analyst forecast (GROREIT-F) (up to 3 years) | n/a |
Notable Dividend: GROREIT-F's dividend (6.44%) is higher than the bottom 25% of dividend payers in the TH market (2.5%).
High Dividend: GROREIT-F's dividend (6.44%) is low compared to the top 25% of dividend payers in the TH market (6.68%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (96.7%), GROREIT-F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (96.7%), GROREIT-F's dividend payments are covered by cash flows.