If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Thai Beverage PLC is 0.86, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Thai Beverage was 0.81. The lowest was 0.41. And the median was 0.53.
During the past 12 months, Thai Beverage's average Dividends Per Share Growth Rate was 21.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -1.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thai Beverage was 40.90% per year. The lowest was -9.10% per year. And the median was 6.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Thai Beverage Dividend Yield % Historical Data
The historical data trend for Thai Beverage'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.
Competitive Comparison of Thai Beverage's Dividend Yield %
For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.
Thai Beverage's Dividend Yield % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Thai Beverage's Dividend Yield % falls into.
Thai Beverage Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Thai Beverage Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
THB 0.450
2024-02-06
2024-02-08
2024-02-28
Cash Dividend
semi-annually
THB:USD 0.027839
THB 0.150
2023-05-25
2023-05-29
2023-06-09
Cash Dividend
semi-annually
THB:USD 0.028810
* 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.
Thai Beverage's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.01684905
/
0.35
=
4.81 %
Current Share Price is $0.35. Thai Beverage's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.01684905.
Thai Beverage's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.0250551
/
0.35
=
7.16 %
Current Share Price is $0.35. Thai Beverage's Dividends per Share for the forward twelve months is calculated as $0.01252755 * 2 = $0.0250551.
* 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.
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.
Thank you for viewing the detailed overview of Thai Beverage's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Thai Beverage (Thai Beverage) Business Description
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.
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