Thai Optical Group PCL (BKK:TOG) Dividend Payout Ratio: 2.80 (As of Jun. 2026) — 264% Above Median

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BKK:TOG Thai Optical Group PCL BKK:TOG
89 GF Score
Price ฿7.30
GF Value ฿9.76
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thai Optical Group PCL Dividend Payout Ratio?

Thai Optical Group PCL BKK:TOG 89 Dividend Payout Ratio is 2.80 as of Jun. 2026, which is 264% above its 10-year median of 0.77. GuruFocus rates BKK:TOG with a GF Score™ of 89/100 and a GF Value™ of ฿9.76 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 279 Medical Devices & Instruments companies, Thai Optical Group PCL ranks worse than 75.63% 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. Thai Optical Group PCL's Dividend Payout Ratio for the months ended in Jun. 2026 was 2.80.

The historical rank and industry rank for Thai Optical Group PCL's Dividend Payout Ratio or its related term are showing as below:

BKK:TOG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.77   Max: 1.23
Current: 0.7

During the past 13 years, the highest Dividend Payout Ratio of Thai Optical Group PCL was 1.23. The lowest was 0.60. And the median was 0.77.

BKK:TOG's Dividend Payout Ratio is ranked worse than
75.63% of 279 companies
in the Medical Devices & Instruments industry
Industry Median: 0.42 vs BKK:TOG: 0.70

As of today (2026-08-13), the Dividend Yield % of Thai Optical Group PCL is 6.85%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Thai Optical Group PCL was 10.39%. The lowest was 1.27%. And the median was 5.63%.

Thai Optical Group PCL's Dividends per Share for the months ended in Jun. 2026 was ฿0.30.

During the past 12 months, Thai Optical Group PCL's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thai Optical Group PCL was 61.30% per year. The lowest was -27.90% per year. And the median was 4.90% 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.

Thai Optical Group PCL (BKK:TOG) 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.

Thai Optical Group PCL Dividend Payout Ratio Related Terms

Thai Optical Group PCL Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Thai Optical Group 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.

Thai Optical Group PCL Dividend Payout Ratio Chart

Thai Optical Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.64 0.71 0.75 0.61

Thai Optical Group PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.55 1.24 0.00 0.00 2.80

BKK:TOG vs ISRG, BDX, MDLN: Dividend Payout Ratio Comparison

For the Medical Instruments & Supplies subindustry, Thai Optical Group 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.

Thai Optical Group PCL Dividend Payout Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Thai Optical Group PCL's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Thai Optical Group PCL's Dividend Payout Ratio falls into.


BKK:TOG
89GF Score
Thai Optical Group PCL BKK:TOG
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Optical Group 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.

Thai Optical Group 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 )
=0.45/ 0.735
=0.61

Thai Optical Group PCL's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.3/ 0.107
=2.80

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.80 mean?
Thai Optical Group PCL (BKK:TOG) has a Dividend Payout Ratio of 2.80 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Thai Optical Group PCL and its competitors. This is 264% above median its historical median of 0.77. Over the past decade, Thai Optical Group PCL's Dividend Payout Ratio has ranged from 0.60 to 1.23. According to the industry distribution chart, Thai Optical Group PCL ranks #211 out of 279 companies in the Medical Devices & Instruments industry, placing it in the top 75.6%.
Is Thai Optical Group PCL's Dividend Payout Ratio too high?
Thai Optical Group PCL's current Dividend Payout Ratio of 2.80 is 264% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.23. The Medical Devices & Instruments industry median Dividend Payout Ratio is 0.42. Thai Optical Group PCL's value of 2.80 is 566.7% above this industry median. Based on the distribution chart, Thai Optical Group PCL ranks #211 out of 279 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Thai Optical Group PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Optical Group PCL's Dividend Payout Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Thai Optical Group PCL ranks #211 out of 279 companies for Dividend Payout Ratio. This places Thai Optical Group PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Thai Optical Group PCL's value of 2.80 is 566.7% above this benchmark. Historically, Thai Optical Group PCL's own Dividend Payout Ratio has ranged from 0.60 to 1.23 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.42, Thai Optical Group 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 a Medical Devices & Instruments company?
The median Dividend Payout Ratio among Medical Devices & Instruments companies is 0.42, based on 279 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. Thai Optical Group PCL's current Dividend Payout Ratio of 2.80 is 566.7% 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 Thai Optical Group PCL and its competitors. For the Medical Devices & Instruments industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Optical Group PCL's current Dividend Payout Ratio is 2.80, which is 264% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Optical Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Optical Group PCL (BKK:TOG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.76, compared to a current price of ฿7.30 — trading 25.2% below its estimated fair value. The current Dividend Payout Ratio is 2.80, which is 264% above median its 10-year median of 0.77 and 566.7% above the Medical Devices & Instruments industry median of 0.42. Thai Optical Group PCL's overall GF Score™ is 89/100 with 5 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 Thai Optical Group PCL (BKK:TOG), the current Dividend Payout Ratio is 2.80 as of Jun. 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 Thai Optical Group PCL (BKK:TOG) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Optical Group PCL stock appears to be undervalued. The current stock price of ฿7.30 is trading 25.2% below its estimated GF Value™ of ฿9.76. GuruFocus considers Thai Optical Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:TOG:

  • Dividend Payout Ratio: 2.80 (264% above median its 10-year median of 0.77)
  • GF Value™: ฿9.76 vs. price of ฿7.30 (25.2% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 566.7% above the Medical Devices & Instruments median (#211 of 279)

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

Thai Optical Group PCL Business Description

Address 6 Bangbuathong-Suphanburi Road, 15/5 Moo, Laharn Sub-district, Bangbuathong, Nonthaburi, THA, 11110
Thai Optical Group PCL is engaged in the manufacturing and distribution of plastic lenses and related products. The company's products include Organic lenses, Mineral lenses, and Prescription Lenses. It has two reporting segments: Plastic and glass lens, which produce and sell optical lenses; Other products and services which are the sale of the glass mold, trading goods purchased for resale, glasses assembly services, and surface treatments. The majority of the revenue is generated from the plastic and glass lens segment. The company also operates in Europe, Australia, Asia and Pacific, America, Africa, and the Middle East. The majority of revenue is from America.
89GF Score

Get the complete analysis for BKK:TOG

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

฿7.30
Price
฿9.76
GF Value