Thai Oil Dividend yield

 Price  60.75
 Dividend  2.60
 Earnings  6.26
 Cash-flow  2.29
 Book value  60.75
 Equity  57.96

Thai Oil is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Thai Oil is a company from Thailand, and his stocks are publicly traded.

Thai Oil paid a total dividend of 5,304 million THB last year, for a market value of 123,930 millions (Market Cap 61,966 millions). Dividend per share of Thai Oil is 2.60 THB, and his stock market price 60.75 THB.

According to the chart below, where dividend yield is displayed, Thai Oil has a dividend yield of 4.28%, which is similar to the amount offered by both the market average and companies from Thailand. However, it is lower than the average of Oil and Gas 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 Thai Oil dividend yield with other Oil and Gas Producers companies or firms from Thailand.

Dividend yield of Thai Oil

Thai Oil Dividend Payout

About the ability of Thai Oil to maintain his current dividend of THB 2.60 per share, an amount that accounts for 4.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Thai Oil payout on ernings is currently 41.53%, which is higher than the market average, but lower than companies of Oil and Gas industry, which are 40.22% and 55.62% respectively. Both figures show that Thai Oil should not have problems to continue paying his 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 Thai Oil is THB 2.29 per share, which is lower than the dividend per share paid by the company of THB 2.60, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Thai Oil, compared againt world market average, Thailand companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Thai Oil payout

Thai Oil Dividend History

Year Yield  THB  Paypout  Shares* 

*In millions

Thai Oil Stock performance

Finally, last moth Thai Oil showed a return of 18.50% compared to a worldwide -0.44% average, and a 8.00% of Oil and Gas firms. Over the last year, the company obtained a 22.10% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Thailand and Oil and Gas Producers firms.

Thai Oil stock and market return