Information and Communication Networks Dividends and Buybacks
Dividend criteria checks 3/6
Information and Communication Networks is a dividend paying company with a current yield of 10.75%. Next payment date is on 4th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
10.7%
Dividend yield
-2.9%
Buyback Yield
| Total Shareholder Yield | 7.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.9% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | ฿0.230 |
| Payout ratio | 101% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ICN-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ICN-R's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Information and Communication Networks Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ICN-R) | 10.7% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (IT) | 4.5% |
| Analyst forecast (ICN-R) (up to 3 years) | n/a |
Notable Dividend: ICN-R's dividend (10.75%) is higher than the bottom 25% of dividend payers in the TH market (2.53%).
High Dividend: ICN-R's dividend (10.75%) is in the top 25% of dividend payers in the TH market (6.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.9%), ICN-R's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.6%), ICN-R's dividend payments are well covered by cash flows.