PTT Global Chemical Dividend yield

 Price  37.25
 Dividend  2.75
 Earnings  -1.04
 Cash-flow  -2.08
 Book value  62.08
 Equity  69.33

PTT Global Chemical is part of Chemicals business, which is part of Basic Materials industry. PTT Global Chemical is a company from Thailand, and his stocks are publicly traded.

PTT Global Chemical stock dividend

PTT Global Chemical paid a total dividend of 12,400 million THB last year, for a market value of 167,960 millions (Market Cap 75,580 millions). PTT Global Chemical dividend per share is 2.75 THB, and his stock market price 37.25 THB.

According to the chart below, where dividend yield is displayed, PTT Global Chemical has a dividend yield of 7.38%, which is higher than the amount offered by both the market average and companies from Thailand. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare PTT Global Chemical stocks dividend with other Chemicals companies or other of the high Thailand dividend stocks list.

Dividend yield of PTT Global Chemical

PTT Global Chemical Dividend Payout

About the ability of PTT Global Chemical to maintain his current dividend of THB 2.75 per share, an amount that accounts for 7.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PTT Global Chemical payout on ernings is currently -264.42%, 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 PTT Global Chemicalcan 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 PTT Global Chemical is THB -2.08 per share, which is lower than the dividend per share paid by the company of THB 2.75, 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 PTT Global Chemical, compared againt world market average, Thailand companies, Basic Materials industry and Chemicals sector companies.

PTT Global Chemical payout

PTT Global Chemical Dividend History

Below you will find a table with the historical evolution of PTT Global Chemical'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* 

*In millions

Then you can see the evolution of PTT Global Chemical dividend stock, and compare it with the average of Thailand stocks and that of the Chemicals stocks.

PTT Global Chemical stock dividend history

PTT Global Chemical Stock performance

Finally, last moth PTT Global Chemical showed a return of -5.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -21.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Chemicals firms.

PTT Global Chemical stock and market return