Thai Oil Dividend yield

 Price  51.50
 Dividend  3.70
 Earnings  15.61
 Cash-flow  16.61
 Book value  73.57
 Equity  62.19

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 stock dividend

Thai Oil paid a total dividend of 8,266 million THB last year, for a market value of 115,051 millions (Market Cap 57,521 millions). Thai Oil dividend per share is 3.70 THB, and his stock market price 51.50 THB.

According to the chart below, where dividend yield is displayed, Thai Oil has a dividend yield of 7.18%, 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 Thai Oil stocks dividend with other Oil and Gas Producers companies or other of the highest Thailand dividend stocks list.

Dividend yield of Thai Oil

Thai Oil Dividend Payout

About the ability of Thai Oil to maintain his current dividend of THB 3.70 per share, an amount that accounts for 7.18%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Thai Oil payout on ernings is currently 23.70%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures lead us to believe that there is confidence that Thai Oilcan 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 Thai Oil is THB 16.61 per share, which is higher than the dividend per share paid by the company of THB 3.70, so the company generates 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

Below you will find a table with the historical evolution of Thai Oil'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 Thai Oil dividend stock, and compare it with the average of Thailand stocks and that of the Oil and Gas Producers stocks.

Thai Oil stock dividend history

Thai Oil Stock performance

Finally, last moth Thai Oil showed a return of 0.50% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -15.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Oil and Gas Producers firms.

Thai Oil stock and market return