Indorama Ventures PC Dividend yield

Indorama Ventures PC is part of Chemicals business, which is part of Basic Materials industry. Indorama Ventures PC is a company from Thailand, and his stocks are publicly traded.

Indorama Ventures PC stock dividend

Indorama Ventures PC paid a total dividend of 7,300 million THB last year, for a market value of 162,835 millions (Market Cap 51,663 millions). Indorama Ventures PC dividend per share is 1.30 THB, and his stock market price 29.00 THB.

According to the chart below, where dividend yield is displayed, Indorama Ventures PC has a dividend yield of 4.48%, which is similar to the amount offered by both the market average and companies from Thailand. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Indorama Ventures PC stocks dividend with other Chemicals companies or other of the best Thailand dividend stocks list.

Indorama Ventures PC Dividend Payout

About the ability of Indorama Ventures PC to maintain his current dividend of THB 1.30 per share, an amount that accounts for 4.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Indorama Ventures PC payout on ernings is currently 21.96%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Indorama Ventures PCcan 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 Indorama Ventures PC is THB 12.08 per share, which is higher than the dividend per share paid by the company of THB 1.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Indorama Ventures PC, compared againt world market average, Thailand companies, Basic Materials industry and Chemicals sector companies.

Indorama Ventures PC Dividend History

Below you will find a table with the historical evolution of Indorama Ventures PC'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	4.48%	1.30	21.96%	5,615
2022	3.56%	1.45	28.49%	5,615
2021	2.14%	0.93	119.23%	5,615
2020	1.89%	0.70	56.45%	5,615
2019	4.00%	1.40	28.40%	5,615
2018	2.95%	1.60	41.88%	5,615
2017	1.52%	0.81	25.55%	5,245
2016	1.64%	0.54	34.18%	4,814
2015	1.89%	0.43	97.73%	4,814

*In millions

Then you can see the evolution of Indorama Ventures PC dividend stock, and compare it with the average of Thailand stocks and that of the Chemicals stocks.

Indorama Ventures PC Stock performance

Finally, last moth Indorama Ventures PC showed a return of -15.30% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -32.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Chemicals firms.