Thai Kin Dividends and Buybacks
Dividend criteria checks 3/6
Thai Kin is a dividend paying company with a current yield of 8.66% that is well covered by earnings. Next payment date is on 22nd January, 2025 with an ex-dividend date of 18th December, 2024.
Key information
8.7%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.9% |
| Next dividend pay date | 22 Jan 25 |
| Ex dividend date | 18 Dec 24 |
| Dividend per share | NT$10.000 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Thai Kin (GTSM:6629) Might Be Having Difficulty Using Its Capital Effectively
Mar 24
Do Its Financials Have Any Role To Play In Driving Thai Kin Co., Ltd.'s (GTSM:6629) Stock Up Recently?
Mar 04Update: Thai Kin (GTSM:6629) Stock Gained 28% In The Last Year
Feb 10
Is There More To The Story Than Thai Kin's (GTSM:6629) Earnings Growth?
Jan 19These 4 Measures Indicate That Thai Kin (GTSM:6629) Is Using Debt Reasonably Well
Dec 31The Trends At Thai Kin (GTSM:6629) That You Should Know About
Dec 14Thai Kin Co., Ltd.'s (GTSM:6629) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6629 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6629's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Thai Kin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6629) | 8.7% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Consumer Durables) | 3.5% |
| Analyst forecast (6629) (up to 3 years) | n/a |
Notable Dividend: 6629's dividend (8.66%) is higher than the bottom 25% of dividend payers in the TW market (1.8%).
High Dividend: 6629's dividend (8.66%) is in the top 25% of dividend payers in the TW market (4.58%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.8%), 6629's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (177.8%), 6629's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:08 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thai Kin Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Capital Securities Corporation |
| Pinjing Zeng | Capital Securities Corporation |
| Yuhan Cheng | Masterlink Securities Corp. |