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SPCG PCLBKK:SPCG-R 63 3-Year Dividend Growth Rate is 48.10% as of Mar. 2026. GuruFocus rates BKK:SPCG-R with a GF Score™ of 63/100 and a GF Value™ of ฿6.01. The stock has 8 warning signs investors should review. Among 148 Utilities - Independent Power Producers companies, SPCG PCL ranks better than 91.89% on this metric.
The historical rank and industry rank for SPCG PCL's 3-Year Dividend Growth Rate or its related term are showing as below:
BKK:SPCG-R'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.4 Med: 0 Max: 48.1
Current: 48.1
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SPCG PCL was 48.10% per year. The lowest was -11.40% per year. And the median was 0.00% per year.
BKK:SPCG-R's 3-Year Dividend Growth Rate is ranked better than 91.89% of 148
companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.55
vs BKK:SPCG-R: 48.10
During the past 12 months, SPCG PCL's average Dividends Per Share Growth Rate was 80.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 48.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SPCG PCL is 6.97, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
During the past 13 years, the highest Dividend Payout Ratio of SPCG PCL was 7.37. The lowest was 0.37. And the median was 0.45.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SPCG PCL is 6.97, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
SPCG PCL Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
THB 0.260000
2026-03-13
2026-03-16
2026-05-25
Cash Dividend
semi-annually
THB:THB 1.000000
THB 1.500000
2025-11-28
2025-12-01
2025-12-15
Cash Dividend
semi-annually
THB:THB 1.000000
THB 0.400000
2025-09-01
2025-09-02
2025-09-15
Cash Dividend
semi-annually
THB:THB 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
SPCG PCL's Dividend Yield (%) for Today is calculated as
Current Share Price is ฿8.85006.
SPCG PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿2.16.
During the past 13 years, the highest Dividend Yield of SPCG PCL was 29.71%. The lowest was 0.00%. And the median was 6.38%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SPCG PCL 3-Year Dividend Growth Rate Related Terms>
For the Utilities - Renewable subindustry, SPCG PCL's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SPCG PCL 3-Year Dividend Growth Rate vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where SPCG PCL's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 48.10% mean?
SPCG PCL (BKK:SPCG-R) has a 3-Year Dividend Growth Rate of 48.10% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on SPCG PCL and its competitors. According to the industry distribution chart, SPCG PCL ranks #12 out of 148 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.1%.
Is SPCG PCL's 3-Year Dividend Growth Rate too high?
SPCG PCL's current 3-Year Dividend Growth Rate is 48.10%. The Utilities - Independent Power Producers industry median 3-Year Dividend Growth Rate is 5.55. SPCG PCL's value of 48.10% is 766.7% above this industry median. Based on the distribution chart, SPCG PCL ranks #12 out of 148 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SPCG PCL has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's 3-Year Dividend Growth Rate compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #12 out of 148 companies for 3-Year Dividend Growth Rate. This places SPCG PCL in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 5.55. SPCG PCL's value of 48.10% is 766.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Utilities - Independent Power Producers company?
The median 3-Year Dividend Growth Rate among Utilities - Independent Power Producers companies is 5.55, based on 148 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPCG PCL's current 3-Year Dividend Growth Rate of 48.10% is 766.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year Dividend Growth Rate is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current 3-Year Dividend Growth Rate is 48.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current 3-Year Dividend Growth Rate of 48.10%. The stock's GF Value™ is ฿6.01, compared to a current price of ฿8.85 — trading 47.3% above its estimated fair value. The current 3-Year Dividend Growth Rate is 48.10% and 766.7% above the Utilities - Independent Power Producers industry median of 5.55. SPCG PCL's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For SPCG PCL (BKK:SPCG-R), the current 3-Year Dividend Growth Rate is 48.10% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SPCG PCL (BKK:SPCG-R) Overvalued in 2026?
Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued.
The current stock price of ฿8.85 is trading 47.3% above its estimated GF Value™ of ฿6.01.
Key valuation signals for BKK:SPCG-R:
3-Year Dividend Growth Rate: 48.10%
GF Value™: ฿6.01 vs. price of ฿8.85 (47.3% above fair value)
Industry Position: 766.7% above the Utilities - Independent Power Producers median (#12 of 148)
No single metric tells the full story. See the BKK:SPCG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
63GF Score
Get the complete analysis for BKK:SPCG-R
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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