PTT Oil and Retail Business Dividend
Dividend criteria checks 2/6
PTT Oil and Retail Business is a dividend paying company with a current yield of 3.48% that is well covered by earnings. Next payment date is on 19th September, 2024 with an ex-dividend date of 2nd September, 2024.
Key information
3.5%
Dividend yield
56%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 19 Sep 24 |
| Ex dividend date | 02 Sep 24 |
| Dividend per share | ฿0.540 |
| Earnings per share | ฿0.97 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OR-F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OR-F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| PTT Oil and Retail Business Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OR-F) | 3.5% |
| Market Bottom 25% (TH) | 2.4% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Specialty Retail) | 3.1% |
| Analyst forecast in 3 Years (OR-F) | 3.3% |
Notable Dividend: OR-F's dividend (3.48%) is higher than the bottom 25% of dividend payers in the TH market (2.43%).
High Dividend: OR-F's dividend (3.48%) is low compared to the top 25% of dividend payers in the TH market (6.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56%), OR-F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: OR-F is paying a dividend but the company has no free cash flows.