TPC Power Holding Dividend
Dividend criteria checks 4/6
TPC Power Holding is a dividend paying company with a current yield of 6.02% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
6.0%
Dividend yield
56%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 20 May 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | ฿0.72 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPCH-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPCH-R has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
TPC Power Holding Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TPCH-R) | 6.0% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 5.9% |
Industry Average (Renewable Energy) | 2.8% |
Analyst forecast in 3 Years (TPCH-R) | 6.0% |
Notable Dividend: TPCH-R's dividend (6.02%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: TPCH-R's dividend (6.02%) is in the top 25% of dividend payers in the TH market (5.92%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.6%), TPCH-R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.4%), TPCH-R's dividend payments are well covered by cash flows.