Phatra Leasing is a dividend paying company with a current yield of 5.5% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
5.5%
Dividend yield
61%
Payout ratio
Industry average yield
4.9%
Next dividend pay date
21 May 24
Ex dividend date
03 May 24
Dividend per share
n/a
Earnings per share
฿0.18
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PL-R's dividend payments have been volatile in the past 10 years.
Growing Dividend: PL-R's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Phatra Leasing Dividend Yield vs Market
How does PL-R dividend yield compare to the market?
Segment
Dividend Yield
Company (PL-R)
5.5%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Transportation)
4.9%
Analyst forecast in 3 Years (PL-R)
n/a
Notable Dividend: PL-R's dividend (5.5%) is higher than the bottom 25% of dividend payers in the TH market (2.17%).
High Dividend: PL-R's dividend (5.5%) is low compared to the top 25% of dividend payers in the TH market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.1%), PL-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PL-R is paying a dividend but the company has no free cash flows.