Tropical Canning (Thailand) PCL (BKK:TC) Dividend Yield % : 1.30% (As of May. 10, 2024)

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What is Tropical Canning (Thailand) PCL Dividend Yield %?

As of today (2024-05-10), the Trailing Annual Dividend Yield of Tropical Canning (Thailand) PCL is 1.30%.

Warning Sign:

Tropical Canning (Thailand) PCL stock dividend yield is close to 1-year low.

The historical rank and industry rank for Tropical Canning (Thailand) PCL's Dividend Yield % or its related term are showing as below:

BKK:TC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.88 Med: 3.31 Max: 9.26
Current: 1.3

During the past 13 years, the highest Dividend Yield of Tropical Canning (Thailand) PCL was 9.26%. The lowest was 0.88%. And the median was 3.31%.

BKK:TC's Dividend Yield % is ranked worse than
74.7% of 1095 companies
in the Consumer Packaged Goods industry
Industry Median: 2.34 vs BKK:TC: 1.30

Tropical Canning (Thailand) PCL's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tropical Canning (Thailand) PCL is 5.43, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Tropical Canning (Thailand) PCL was 5.50. The lowest was 0.11. And the median was 0.33.

As of today (2024-05-10), the Forward Dividend Yield % of Tropical Canning (Thailand) PCL is 1.30%.

Tropical Canning (Thailand) PCL's Dividends per Share for the three months ended in Dec. 2023 was ฿0.00.

During the past 12 months, Tropical Canning (Thailand) PCL's average Dividends Per Share Growth Rate was 233.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 60.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 41.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tropical Canning (Thailand) PCL was 71.00% per year. The lowest was -30.70% per year. And the median was 15.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Tropical Canning (Thailand) PCL Dividend Yield % Historical Data

The historical data trend for Tropical Canning (Thailand) PCL's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tropical Canning (Thailand) PCL Dividend Yield % Chart

Tropical Canning (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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4.63

2.79

4.13

1.23

8.00

Tropical Canning (Thailand) PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															1.23	1.79	8.26	7.69	8.00

Competitive Comparison of Tropical Canning (Thailand) PCL's Dividend Yield %

For the Packaged Foods subindustry, Tropical Canning (Thailand) PCL's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tropical Canning (Thailand) PCL's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tropical Canning (Thailand) PCL's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tropical Canning (Thailand) PCL's Dividend Yield % falls into.

Tropical Canning (Thailand) PCL Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tropical Canning (Thailand) PCL Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
THB 0.100000	2024-05-03	2024-05-07	2024-05-24	Cash Dividend	annually	THB:THB 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tropical Canning (Thailand) PCL's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.1	/	7.70
	=	1.30 %

Current Share Price is ฿7.70.
Tropical Canning (Thailand) PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿0.1.

Tropical Canning (Thailand) PCL's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.1	/	7.70
	=	1.30 %

Current Share Price is ฿7.70.
Tropical Canning (Thailand) PCL's Dividends per Share for the forward twelve months is calculated as ฿0.1 * 1 = ฿0.1.

Tropical Canning (Thailand) PCL (BKK:TC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Tropical Canning (Thailand) PCL Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Tropical Canning (Thailand) PCL's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tropical Canning (Thailand) PCL (BKK:TC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tropical Canning (Thailand) PCL (BKK:TC) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/1 Moo 2, Karnjanavanich Road, P.O. Box 44, Thungyai, Hatyai, Songkhla, THA, 90110

Website

https://www.tropical.co.th

Tropical Canning (Thailand) PCL is engaged in the manufacturing and trading of canned and pouched seafood products. The product portfolio includes Regular tuna products, Canned shellfish products, Ready-to-eat products, and Petfood cans. It has a business presence in the African continent, the European continent, the Asian continent and the American continent, among others.