Sermsang Power is a dividend paying company with a current yield of 1.28% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
1.3%
Dividend yield
17%
Payout ratio
Industry average yield
2.8%
Next dividend pay date
24 May 24
Ex dividend date
07 May 24
Dividend per share
n/a
Earnings per share
฿0.63
Dividend yield forecast in 3Y
2.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSP-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SSP-R has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Sermsang Power Corporation Dividend Yield vs Market
How does SSP-R dividend yield compare to the market?
Segment
Dividend Yield
Company (SSP-R)
1.3%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
6.0%
Industry Average (Renewable Energy)
2.8%
Analyst forecast in 3 Years (SSP-R)
2.1%
Notable Dividend: SSP-R's dividend (1.28%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.19%).
High Dividend: SSP-R's dividend (1.28%) is low compared to the top 25% of dividend payers in the TH market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), SSP-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.9%), SSP-R's dividend payments are thoroughly covered by cash flows.