B.Grimm Power PCL (BKK:BGRIM) Dividend Payout Ratio: 1.59 (As of Mar. 2026) — 174% Above Median

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

B.Grimm Power PCL BKK:BGRIM

83 GF Score

Price ฿19.20

GF Value ฿20.65

Valuation Fairly Valued

12 Warning Signs

View Full Analysis

What is B.Grimm Power PCL Dividend Payout Ratio?

B.Grimm Power PCL BKK:BGRIM -2.54% 83 Dividend Payout Ratio is 1.59 as of Mar. 2026, which is 174% above its 10-year median of 0.58. GuruFocus rates BKK:BGRIM with a GF Score™ of 83/100 and a GF Value™ of ฿20.65 (Fairly Valued). The stock has 12 warning signs investors should review. Among 178 Utilities - Independent Power Producers companies, B.Grimm Power PCL ranks worse than 100% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. B.Grimm Power PCL's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.59.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of B.Grimm Power PCL is 37.45, which seems too high.

The historical rank and industry rank for B.Grimm Power PCL's Dividend Payout Ratio or its related term are showing as below:

BKK:BGRIM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.58 Max: 37.45
Current: 37.45

During the past 13 years, the highest Dividend Payout Ratio of B.Grimm Power PCL was 37.45. The lowest was 0.49. And the median was 0.58.

BKK:BGRIM's Dividend Payout Ratio is ranked worse than
100% of 178 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.44 vs BKK:BGRIM: 37.45

As of today (2026-07-24), the Dividend Yield % of B.Grimm Power PCL is 2.09%.

During the past 13 years, the highest Trailing Annual Dividend Yield of B.Grimm Power PCL was 4.67%. The lowest was 0.16%. And the median was 1.09%.

B.Grimm Power PCL's Dividends per Share for the months ended in Mar. 2026 was ฿0.23.

During the past 12 months, B.Grimm Power PCL's average Dividends Per Share Growth Rate was -4.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of B.Grimm Power PCL was 12.70% per year. The lowest was -16.60% per year. And the median was -2.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

B.Grimm Power PCL (BKK:BGRIM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

B.Grimm Power PCL Dividend Payout Ratio Related Terms

B.Grimm Power PCL Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for B.Grimm Power PCL's Dividend Payout Ratio can be seen below:

* 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.

B.Grimm Power PCL Dividend Payout Ratio Chart

B.Grimm Power PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.58

0.00

0.56

0.89

1.46

B.Grimm Power PCL Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.76	0.00	3.60	0.00	1.59

BKK:BGRIM vs CEG, VST, NRG: Dividend Payout Ratio Comparison

For the Utilities - Independent Power Producers subindustry, B.Grimm Power PCL's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

B.Grimm Power PCL Dividend Payout Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, B.Grimm Power PCL's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where B.Grimm Power PCL's Dividend Payout Ratio falls into.

Save Embed

83GF Score

B.Grimm Power PCL BKK:BGRIM

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

B.Grimm Power PCL Dividend Payout Ratio Calculation

B.Grimm Power PCL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.43	/	0.294
	=	1.46

B.Grimm Power PCL's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.232	/	0.146
	=	1.59

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.59 mean?

B.Grimm Power PCL (BKK:BGRIM) has a Dividend Payout Ratio of 1.59 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on B.Grimm Power PCL and its competitors. This is 174% above median its historical median of 0.58. Over the past decade, B.Grimm Power PCL's Dividend Payout Ratio has ranged from 0.49 to 37.45. According to the industry distribution chart, B.Grimm Power PCL ranks #178 out of 178 companies in the Utilities - Independent Power Producers industry.

Is B.Grimm Power PCL's Dividend Payout Ratio too high?

B.Grimm Power PCL's current Dividend Payout Ratio of 1.59 is 174% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 37.45. The Utilities - Independent Power Producers industry median Dividend Payout Ratio is 0.44. B.Grimm Power PCL's value of 1.59 is 261.4% above this industry median. Based on the distribution chart, B.Grimm Power PCL ranks #178 out of 178 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, B.Grimm Power PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does B.Grimm Power PCL's Dividend Payout Ratio compare to CEG and VST?

According to the Utilities - Independent Power Producers industry distribution chart, B.Grimm Power PCL ranks #178 out of 178 companies for Dividend Payout Ratio. This places B.Grimm Power PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. B.Grimm Power PCL's value of 1.59 is 261.4% above this benchmark. Historically, B.Grimm Power PCL's own Dividend Payout Ratio has ranged from 0.49 to 37.45 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.44, B.Grimm Power PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Utilities - Independent Power Producers company?

The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B.Grimm Power PCL's current Dividend Payout Ratio of 1.59 is 261.4% 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 Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on B.Grimm Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B.Grimm Power PCL's current Dividend Payout Ratio is 1.59, which is 174% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is B.Grimm Power PCL stock overvalued right now?

Based on GuruFocus' analysis, B.Grimm Power PCL (BKK:BGRIM) is currently considered Fairly Valued. The stock's GF Value™ is ฿20.65, compared to a current price of ฿19.20 — trading 7% below its estimated fair value. The current Dividend Payout Ratio is 1.59, which is 174% above median its 10-year median of 0.58 and 261.4% above the Utilities - Independent Power Producers industry median of 0.44. B.Grimm Power PCL's overall GF Score™ is 83/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For B.Grimm Power PCL (BKK:BGRIM), the current Dividend Payout Ratio is 1.59 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 B.Grimm Power PCL (BKK:BGRIM) Overvalued in 2026?

Based on GuruFocus' analysis, B.Grimm Power PCL stock appears to be undervalued. The current stock price of ฿19.20 is trading 7% below its estimated GF Value™ of ฿20.65. GuruFocus considers B.Grimm Power PCL to be Fairly Valued.

Key valuation signals for BKK:BGRIM:

Dividend Payout Ratio: 1.59 (174% above median its 10-year median of 0.58)
GF Value™: ฿20.65 vs. price of ฿19.20 (7% below fair value)
GF Score™: 83/100 with 12 warning signs
Industry Position: 261.4% above the Utilities - Independent Power Producers median (#178 of 178)

No single metric tells the full story. See the BKK:BGRIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

B.Grimm Power PCL Business Description

Industry Utilities Utilities - Independent Power Producers

Comparable Companies BKK:GUNKUL BKK:BPP BKK:EGCO BKK:CKP BKK:ROJNA BKK:NNCL BKK:UV BKK:GTV CEG VST BOM:533096 NRG BKK:GULF HKSE:01816 TLN BOM:539254 HKSE:00006 SHSE:601991 SHSE:600011 BOM:500400

Other Exchanges BGRIM-F:Thailand

Address 5, Krungthepkreetha Road, Dr. Gerhard Link Building, Huamark, Bangkapi, Bangkok, THA, 10240

Website https://www.bgrimmpower.com

B.Grimm Power PCL, along with its subsidiaries, is engaged in the generation and distribution of electricity for the government sectors and Industrial Users, both in Thailand and overseas. The company operates through two reportable segments: 1) Electricity generating: This segment is the generation and distribution of electricity for the government sectors and industrial users both in Thailand and overseas and procure and wholesale liquefied natural gas to the entities in the Group. 2) Other businesses: This segment is the business of investment holding, maintenance, and operating services forpower plants. The majority of the company's revenue comes from Electricity generating segment. Geographically, it derives the maximum revenue from Thailand.

83GF Score

Get the complete analysis for BKK:BGRIM

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿19.20

Price

฿20.65

GF Value

View BKK:BGRIM Analysis

See Dividend Payout Ratio data for all stocks →