03-31-2021
| THB/share | |
| Price | 60.75 |
| Dividend | 0.70 |
| Earnings | -1.53 |
| Cash-flow | -1.25 |
| Book value | 55.23 |
| Equity | 58.85 |
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 paid a total dividend of 1,428 million THB last year, for a market value of 123,930 millions (Market Cap 61,966 millions). Dividend per share of Thai Oil is 0.70 THB, and his stock market price 60.75 THB.
According to the chart below, where dividend yield is displayed, Thai Oil has a dividend yield of 1.15%, lower than the amount offered by both the market average and companies from Thailand. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Thai Oil dividend yield with other Oil and Gas Producers companies or firms from Thailand.
Thai Oil Dividend Payout
About the ability of Thai Oil to maintain his current dividend of THB 0.70 per share, an amount that accounts for 1.15%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Thai Oil payout on ernings is currently -45.75%, which is lower than the market average and companies of Oil and Gas industry, which are 38.16% and 19.73% 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 -1.25 per share, which is lower than the dividend per share paid by the company of THB 0.70, 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 Thai Oil, compared againt world market average, Thailand companies, Oil and Gas industry and Oil and Gas Producers sector companies.
Thai Oil Dividend History
| Year | Yield | THB | Paypout | Shares* |
| Present | 1.15% | 0.70 | -45.75% | 2,040 |
| 2020 | 0.96% | 0.50 | 15.77% | 2,040 |
| 2019 | 3.08% | 2.15 | 42.57% | 2,040 |
| 2018 | 7.92% | 5.25 | 42.79% | 2,040 |
| 2017 | 4.35% | 4.50 | 43.06% | 2,040 |
| 2016 | 4.46% | 3.30 | 54.82% | 2,040 |
| 2015 | 2.56% | 1.50 | -78.13% | 2,040 |
*In millions
Thai Oil Stock performance
Finally, last moth Thai Oil showed a return of 2.50% compared to a worldwide 4.25% average, and a 2.02% of Oil and Gas firms. Over the last year, the company obtained a 97.60% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Thailand and Oil and Gas Producers firms.
