True Corporation Public Company Limited

SET:TRUE Stock Report

Market Cap: ฿298.9b

True Corporation Dividend

Dividend criteria checks 1/6

True is a dividend paying company with a current yield of 1.35%.

Key information


Dividend yield


Payout ratio

Industry average yield1.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-฿0.55
Dividend yield forecast in 3Y2.2%

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TRUE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TRUE's dividend payments have increased, but the company has only paid a dividend for 8 years.

Dividend Yield vs Market

True Corporation Dividend Yield vs Market
How does TRUE dividend yield compare to the market?
SegmentDividend Yield
Company (TRUE)1.3%
Market Bottom 25% (TH)2.3%
Market Top 25% (TH)6.5%
Industry Average (Telecom)1.4%
Analyst forecast in 3 Years (TRUE)2.2%

Notable Dividend: TRUE's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.28%).

High Dividend: TRUE's dividend (1.35%) is low compared to the top 25% of dividend payers in the TH market (6.49%).

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate TRUE's payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.9%), TRUE's dividend payments are well covered by cash flows.

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