Krung Thai Bank Dividend yield

Krung Thai Bank is part of Banks business, which is part of Financials industry. Krung Thai Bank is a company from Thailand, and his stocks are publicly traded.

Krung Thai Bank stock dividend

Krung Thai Bank paid a total dividend of 9,504 million THB last year, for a market value of 269,737 millions (Market Cap 119,062 millions). Krung Thai Bank dividend per share is 0.68 THB, and his stock market price 19.30 THB.

According to the chart below, where dividend yield is displayed, Krung Thai Bank has a dividend yield of 3.53%, which is similar to the amount offered by both the market average and companies from Thailand. However, it is lower than the average of Financials 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 Krung Thai Bank stocks dividend with other Banks companies or other of the highest Thailand dividend stocks list.

Krung Thai Bank Dividend Payout

About the ability of Krung Thai Bank to maintain his current dividend of THB 0.68 per share, an amount that accounts for 3.53%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Krung Thai Bank payout on ernings is currently 26.77%, 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 Krung Thai Bankcan 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 Krung Thai Bank is THB 4.60 per share, which is higher than the dividend per share paid by the company of THB 0.68, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Krung Thai Bank, compared againt world market average, Thailand companies, Financials industry and Banks sector companies.

Krung Thai Bank Dividend History

Below you will find a table with the historical evolution of Krung Thai Bank'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	3.53%	0.68	26.77%	13,976
2022	2.36%	0.42	25.61%	13,976
2021	2.08%	0.27	21.26%	13,976
2020	6.78%	0.75	34.40%	13,976
2019	4.38%	0.72	34.29%	13,976
2018	3.18%	0.61	36.53%	13,976
2017	4.48%	0.86	36.29%	13,976
2016	4.32%	0.76	36.19%	13,989
2015	5.29%	0.90	37.04%	13,989

*In millions

Then you can see the evolution of Krung Thai Bank dividend stock, and compare it with the average of Thailand stocks and that of the Banks stocks.

Krung Thai Bank Stock performance

Finally, last moth Krung Thai Bank showed a return of -5.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 14.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Banks firms.