Thai Oil Dividends and Buybacks
Dividend criteria checks 5/6
Thai Oil is a dividend paying company with a current yield of 9.75% that is well covered by earnings.
Key information
9.8%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 9.7% |
| Future Dividend Yield | 9.1% |
| Dividend Growth | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.116 |
| Payout ratio | 87% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOIP.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOIP.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thai Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOIP.Y) | 9.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (TOIP.Y) (up to 3 years) | 9.1% |
Notable Dividend: TOIP.Y's dividend (9.75%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TOIP.Y's dividend (9.75%) is in the top 25% of dividend payers in the US market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.1%), TOIP.Y's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.3%), TOIP.Y's dividend payments are covered by cash flows.