PTT Global Chemical Dividend yield




   THB/share 
 Price  50.75
 Dividend  3.75
 Earnings  10.15
 Cash-flow  14.50
 Book value  72.50
 Equity  65.91

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

PTT Global Chemical paid a total dividend of 16,826 million THB last year, for a market value of 227,715 millions (Market Cap 102,462 millions). Dividend per share of PTT Global Chemical is 3.75 THB, and his stock market price 50.75 THB.

According to the chart below, where dividend yield is displayed, PTT Global Chemical has a dividend yield of 7.39%, which is higher than the amount offered by both the market average and companies from Thailand. It is also bigger than average of Oil and Gas 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 dividend yield with other Oil and Gas Producers companies or firms from Thailand.

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 3.75 per share, an amount that accounts for 7.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PTT Global Chemical payout on ernings is currently 36.95%, which is lower than the market average and companies of Oil and Gas industry, which are 38.25% and 49.79% 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 14.50 per share, which is higher than the dividend per share paid by the company of THB 3.75, so the company generates 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, Oil and Gas industry and Oil and Gas Producers sector companies.

PTT Global Chemical payout

PTT Global Chemical Dividend History

Year Yield  THB  Paypout  Shares* 
Present7.39%3.7536.95%4,487
20215.11%3.000.00%4,487
20203.42%2.0072.20%4,487
20196.14%3.5038.67%4,509
20185.96%4.2547.70%4,508
20174.18%3.5560.17%4,461
20163.76%2.3550.43%4,469
20154.74%2.5072.05%4,469

*In millions

PTT Global Chemical Stock performance

Finally, last moth PTT Global Chemical showed a return of -4.20% compared to a worldwide 1.12% average, and a 4.54% of Oil and Gas firms. Over the last year, the company obtained a -19.10% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Thailand and Oil and Gas Producers firms.

PTT Global Chemical stock and market return