TPI Polene Power Dividends and Buybacks
Dividend criteria checks 3/6
TPI Polene Power is a dividend paying company with a current yield of 6.95% that is well covered by earnings.
Key information
7.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.210 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPIPP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPIPP has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| TPI Polene Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPIPP) | 7.0% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.5% |
| Industry Average (Renewable Energy) | 2.5% |
| Analyst forecast (TPIPP) (up to 3 years) | 5.3% |
Notable Dividend: TPIPP's dividend (6.95%) is higher than the bottom 25% of dividend payers in the TH market (2.47%).
High Dividend: TPIPP's dividend (6.95%) is in the top 25% of dividend payers in the TH market (6.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), TPIPP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TPIPP is paying a dividend but the company has no free cash flows.