Bangkok Life Assuran Dividend yield

Bangkok Life Assuran is part of Life Insurance business, which is part of Financials industry. Bangkok Life Assuran is a company from Thailand, and his stocks are publicly traded.

Bangkok Life Assuran stock dividend

Bangkok Life Assuran paid a total dividend of 956 million THB last year, for a market value of 41,846 millions (Market Cap 12,647 millions). Bangkok Life Assuran dividend per share is 0.56 THB, and his stock market price 24.50 THB.

According to the chart below, where dividend yield is displayed, Bangkok Life Assuran has a dividend yield of 2.29%, lower than the amount offered by both the market average and companies from Thailand. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Bangkok Life Assuran stocks dividend with other Life Insurance companies or other of the highest Thailand dividend stocks list.

Bangkok Life Assuran Dividend Payout

About the ability of Bangkok Life Assuran to maintain his current dividend of THB 0.56 per share, an amount that accounts for 2.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bangkok Life Assuran payout on ernings is currently 29.47%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Bangkok Life Assurancan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Bangkok Life Assuran is THB 3.89 per share, which is higher than the dividend per share paid by the company of THB 0.56, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bangkok Life Assuran, compared againt world market average, Thailand companies, Financials industry and Life Insurance sector companies.

Bangkok Life Assuran Dividend History

Below you will find a table with the historical evolution of Bangkok Life Assuran's dividend stock, both in percentage and in THB, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	THB	Paypout	Shares*
Present	2.29%	0.56	29.47%	1,708
2022	3.06%	0.88	46.81%	1,708
2021	0.62%	0.23	24.21%	1,708
2020	3.05%	0.64	25.00%	1,708
2019	3.48%	0.72	24.66%	1,708
2018	2.06%	0.54	25.35%	1,708
2017	2.13%	0.75	24.92%	1,708
2016	1.21%	0.64	26.45%	1,703
2015	1.45%	0.78	50.00%	1,703

*In millions

Then you can see the evolution of Bangkok Life Assuran dividend stock, and compare it with the average of Thailand stocks and that of the Life Insurance stocks.

Bangkok Life Assuran Stock performance

Finally, last moth Bangkok Life Assuran showed a return of 1.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -31.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Life Insurance firms.