Thien Long Group Dividends and Buybacks
Dividend criteria checks 5/6
Thien Long Group is a dividend paying company with a current yield of 5.89% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 14th November, 2024.
Key information
5.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 8.1% |
| Dividend Growth | 14.3% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | ₫3.636k |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TLG's dividends per share have been stable in the past 10 years.
Growing Dividend: TLG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thien Long Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TLG) | 5.9% |
| Market Bottom 25% (VN) | 3.4% |
| Market Top 25% (VN) | 8.2% |
| Industry Average (Commercial Services) | 5.9% |
| Analyst forecast (TLG) (up to 3 years) | 8.1% |
Notable Dividend: TLG's dividend (5.89%) is higher than the bottom 25% of dividend payers in the VN market (3.4%).
High Dividend: TLG's dividend (5.89%) is low compared to the top 25% of dividend payers in the VN market (8.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.3%), TLG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.2%), TLG's dividend payments are covered by cash flows.