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 6.44% that is well covered by earnings.
Key information
6.5%
Dividend yield
97%
Payout ratio
Industry average yield | 9.0% |
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-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 2 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) | 6.5% |
Market Bottom 25% (TH) | 2.1% |
Market Top 25% (TH) | 6.1% |
Industry Average (Hotel and Resort REITs) | 9.0% |
Analyst forecast in 3 Years (GROREIT-F) | n/a |
Notable Dividend: GROREIT-F's dividend (6.44%) is higher than the bottom 25% of dividend payers in the TH market (2.14%).
High Dividend: GROREIT-F's dividend (6.44%) is in the top 25% of dividend payers in the TH market (6.1%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (97.3%), GROREIT-F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (95.6%), GROREIT-F's dividend payments are covered by cash flows.