Eastern Water Resources Development and Management Public Company Limited
SET:EASTW Stock Report
Market Cap: ฿5.8b
Eastern Water Resources Development and Management Dividend
Dividend criteria checks 2/6
Eastern Water Resources Development and Management is a dividend paying company with a current yield of 2.86% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
2.9%
Dividend yield
53%
Payout ratio
Industry average yield
4.3%
Next dividend pay date
29 May 24
Ex dividend date
08 May 24
Dividend per share
n/a
Earnings per share
฿0.19
Dividend yield forecast in 3Y
2.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EASTW's dividend payments have been volatile in the past 10 years.
Growing Dividend: EASTW's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Eastern Water Resources Development and Management Dividend Yield vs Market
How does EASTW dividend yield compare to the market?
Segment
Dividend Yield
Company (EASTW)
2.9%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Water Utilities)
4.3%
Analyst forecast in 3 Years (EASTW)
2.9%
Notable Dividend: EASTW's dividend (2.86%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: EASTW's dividend (2.86%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.5%), EASTW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EASTW is paying a dividend but the company has no free cash flows.