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 yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.100 |
| Earnings per share | ฿0.52 |
| Dividend yield forecast | 2.4% |
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 |
|---|
| Segment | Dividend 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.