08-31-2023
THB/share | |
Price | 4.36 |
Dividend | 0.03 |
Earnings | 0.12 |
Cash-flow | 0.05 |
Book value | 2.56 |
Equity | 2.50 |
Asset World is part of Real Estate Investment and Services business, which is part of Financials industry. Asset World is a company from Thailand, and his stocks are publicly traded.
Asset World stock dividend
Asset World paid a total dividend of 960 million THB last year, for a market value of 139,529 millions (Market Cap 31,153 millions). Asset World dividend per share is 0.03 THB, and his stock market price 4.36 THB.
According to the chart below, where dividend yield is displayed, Asset World has a dividend yield of 0.73%, 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 Asset World stocks dividend with other Real Estate Investment and Services companies or other of the high Thailand dividend stocks list.
Asset World Dividend Payout
About the ability of Asset World to maintain his current dividend of THB 0.03 per share, an amount that accounts for 0.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asset World payout on ernings is currently 25.00%, 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 Asset Worldcan 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 Asset World is THB 0.05 per share, which is higher than the dividend per share paid by the company of THB 0.03, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Asset World, compared againt world market average, Thailand companies, Financials industry and Real Estate Investment and Services sector companies.
Asset World Dividend History
Below you will find a table with the historical evolution of Asset World'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 | 0.73% | 0.03 | 25.00% | 32,002 |
2022 | 0.17% | 0.01 | 0.00% | 32,000 |
2021 | 0.00% | 0.00 | 0.00% | 32,000 |
2020 | 0.27% | 0.01 | 0.00% | 32,000 |
2019 | 0.00% | 0.00 | 0.00% | 30,957 |
*In millions
Asset World Stock performance
Finally, last moth Asset World showed a return of -2.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -22.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Real Estate Investment and Services firms.