08-31-2023
THB/share | |
Price | 14.30 |
Dividend | 0.74 |
Earnings | 1.55 |
Cash-flow | 0.83 |
Book value | 15.89 |
Equity | 13.72 |
Thai Union Group is part of Food Producers business, which is part of Consumer Goods industry. Thai Union Group is a company from Thailand, and his stocks are publicly traded.
Thai Union Group stock dividend
Thai Union Group paid a total dividend of 3,445 million THB last year, for a market value of 66,567 millions (Market Cap 39,233 millions). Thai Union Group dividend per share is 0.74 THB, and his stock market price 14.30 THB.
According to the chart below, where dividend yield is displayed, Thai Union Group has a dividend yield of 5.17%, which is higher than the amount offered by both the market average and companies from Thailand. It is also bigger than average of Consumer Goods 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 Union Group stocks dividend with other Food Producers companies or other of the highest Thailand dividend stocks list.
Thai Union Group Dividend Payout
About the ability of Thai Union Group to maintain his current dividend of THB 0.74 per share, an amount that accounts for 5.17%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Thai Union Group payout on ernings is currently 47.74%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Thai Union Group can have problems to keep with his present dividend yield.
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 Union Group is THB 0.83 per share, which is higher than the dividend per share paid by the company of THB 0.74, 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 Union Group, compared againt world market average, Thailand companies, Consumer Goods industry and Food Producers sector companies.
Thai Union Group Dividend History
Below you will find a table with the historical evolution of Thai Union Group'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* |
Present | 5.17% | 0.74 | 47.74% | 4,655 |
2022 | 5.33% | 0.90 | 51.72% | 4,655 |
2021 | 4.36% | 0.85 | 62.96% | 4,655 |
2020 | 3.97% | 0.54 | 62.07% | 4,772 |
2019 | 2.96% | 0.40 | 54.79% | 4,772 |
2018 | 3.64% | 0.59 | 45.04% | 4,772 |
2017 | 3.17% | 0.63 | 49.61% | 4,772 |
2016 | 3.04% | 0.63 | 54.78% | 4,772 |
2015 | 3.08% | 0.57 | 52.29% | 4,772 |
*In millions
Then you can see the evolution of Thai Union Group dividend stock, and compare it with the average of Thailand stocks and that of the Food Producers stocks.
Thai Union Group Stock performance
Finally, last moth Thai Union Group showed a return of 5.90% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -18.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Food Producers firms.