Sermsang Power Corporation Public Company Limited

SET:SSP Stock Report

Market Cap: ฿7.6b

Sermsang Power Corporation Dividend

Dividend criteria checks 2/6

Sermsang Power is a dividend paying company with a current yield of 1.69% that is well covered by earnings.

Key information

1.7%

Dividend yield

20%

Payout ratio

Industry average yield2.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share฿0.100
Earnings per share฿0.52
Dividend yield forecast2.4%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: SSP has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

Sermsang Power Corporation Dividend Yield vs Market
How does SSP dividend yield compare to the market?
SegmentDividend Yield
Company (SSP)1.7%
Market Bottom 25% (TH)2.3%
Market Top 25% (TH)6.5%
Industry Average (Renewable Energy)2.6%
Analyst forecast (SSP) (up to 3 years)2.4%

Notable Dividend: SSP's dividend (1.69%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.35%).

High Dividend: SSP's dividend (1.69%) is low compared to the top 25% of dividend payers in the TH market (6.5%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20%), SSP's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.6%), SSP's dividend payments are thoroughly covered by cash flows.


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