Gulf Energy Development Dividend
Dividend criteria checks 2/6
Gulf Energy Development is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
71%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ฿1.24 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GULF-R has been paying a dividend for less than 10 years.
Growing Dividend: GULF-R's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Gulf Energy Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GULF-R) | 2.2% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.1% |
Industry Average (Renewable Energy) | 2.9% |
Analyst forecast in 3 Years (GULF-R) | 3.0% |
Notable Dividend: GULF-R's dividend (2.17%) is higher than the bottom 25% of dividend payers in the TH market (2.17%).
High Dividend: GULF-R's dividend (2.17%) is low compared to the top 25% of dividend payers in the TH market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.2%), GULF-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GULF-R is paying a dividend but the company has no free cash flows.