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Gulf Development PCLBKK:GULF -1.14%16 Dividend Payout Ratio is 1.75 as of Mar. 2026. GuruFocus rates BKK:GULF with a GF Score™ of 16/100. The stock has 12 warning signs investors should review. Among 179 Utilities - Independent Power Producers companies, Gulf Development PCL ranks worse than 57.54% 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. Gulf Development PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.75.
The historical rank and industry rank for Gulf Development PCL's Dividend Payout Ratio or its related term are showing as below:
BKK:GULF'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.51
Current: 0.51
During the past 12 years, the highest Dividend Payout Ratio of Gulf Development PCL was 0.51. The lowest was 0.00. And the median was 0.00.
BKK:GULF's Dividend Payout Ratio is ranked worse than 57.54% of 179
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.44
vs BKK:GULF: 0.51
During the past 12 years, the highest Trailing Annual Dividend Yield of Gulf Development PCL was 1.88%. The lowest was 1.56%. And the median was 1.73%.
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.
Gulf Development PCL (BKK:GULF) 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.
Gulf Development PCL Dividend Payout Ratio Related Terms
Gulf Development PCL Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Gulf Development 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.
BKK:GULF vs CEG, VST, NRG: Dividend Payout Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Gulf Development 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.
Gulf Development PCL Dividend Payout Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Development PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Gulf Development PCL's Dividend Payout Ratio falls into.
Gulf Development PCL Dividend Payout Ratio Calculation
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.
Gulf Development PCL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Gulf Development PCL (BKK:GULF) has a Dividend Payout Ratio of 1.75 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Gulf Development PCL and its competitors. According to the industry distribution chart, Gulf Development PCL ranks #103 out of 179 companies in the Utilities - Independent Power Producers industry, placing it in the top 57.5%.
Is Gulf Development PCL's Dividend Payout Ratio too high?
Gulf Development PCL's current Dividend Payout Ratio is 1.75. The Utilities - Independent Power Producers industry median Dividend Payout Ratio is 0.44. Gulf Development PCL's value of 1.75 is 297.7% above this industry median. Based on the distribution chart, Gulf Development PCL ranks #103 out of 179 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Gulf Development PCL has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Development PCL's Dividend Payout Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Gulf Development PCL ranks #103 out of 179 companies for Dividend Payout Ratio. This places Gulf Development PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Gulf Development PCL's value of 1.75 is 297.7% 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 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 179 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. Gulf Development PCL's current Dividend Payout Ratio of 1.75 is 297.7% 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 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 Gulf Development 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. Gulf Development PCL's current Dividend Payout Ratio is 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Development PCL stock overvalued right now?
Gulf Development PCL (BKK:GULF) has a current Dividend Payout Ratio of 1.75. The current Dividend Payout Ratio is 1.75 and 297.7% above the Utilities - Independent Power Producers industry median of 0.44. Gulf Development PCL's overall GF Score™ is 16/100 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 Gulf Development PCL (BKK:GULF), the current Dividend Payout Ratio is 1.75 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.
Gulf Development PCL is a Thailand-based company mainly involved in the electricity-generating business. The group's principal operations are to generate and sell electricity and steam, store and convert natural gas from liquid to gas, provide satellite services, and operate other businesses in domestic and international markets. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. The group's reportable segments are: Power business (which generates maximum revenue), Consulting business, Infrastructure business, and Satellite and digital business. Geographically, it derives maximum revenue from Thailand.
16GF Score
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