PTT Global Chemical Dividend yield




   THB/share 
 Price  47.25
 Dividend  4.50
 Earnings  10.27
 Cash-flow  14.32
 Book value  67.50
 Equity  66.69

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 paid a total dividend of 20,291 million THB last year, for a market value of 213,050 millions (Market Cap 95,869 millions). Dividend per share of PTT Global Chemical is 4.50 THB, and his stock market price 47.25 THB.

According to the chart below, where dividend yield is displayed, PTT Global Chemical has a dividend yield of 9.52%, 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 dividend yield with other Chemicals 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 4.50 per share, an amount that accounts for 9.52%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PTT Global Chemical payout on ernings is currently 43.82%, which is higher than the market average, but lower than companies of Basic Materials industry, which are 41.22% and 44.27% respectively. Both figures show that PTT Global Chemical 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 PTT Global Chemical is THB 14.32 per share, which is higher than the dividend per share paid by the company of THB 4.50, 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, Basic Materials industry and Chemicals sector companies.

PTT Global Chemical payout

PTT Global Chemical Dividend History

Year Yield  THB  Paypout  Shares* 
Present9.52%4.5043.82%4,509
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 -1.60% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a -19.60% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Thailand and Chemicals firms.

PTT Global Chemical stock and market return