Thai Union Group Dividend
Dividend criteria checks 4/6
Thai Union Group is a dividend paying company with a current yield of 3.55% that is well covered by earnings. Next payment date is on 4th September, 2024 with an ex-dividend date of 21st August, 2024.
Key information
3.5%
Dividend yield
44%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 04 Sep 24 |
| Ex dividend date | 21 Aug 24 |
| Dividend per share | US$0.550 |
| Earnings per share | US$1.30 |
| Dividend yield forecast | 5.1% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: THFR.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: THFR.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thai Union Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (THFR.F) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Food) | 3.1% |
| Analyst forecast (THFR.F) (up to 3 years) | 5.1% |
Notable Dividend: THFR.F's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: THFR.F's dividend (3.55%) is low compared to the top 25% of dividend payers in the US market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.8%), THFR.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.4%), THFR.F's dividend payments are well covered by cash flows.