Thai Solar Energy PCL (BKK:TSE) Dividend Payout Ratio : 0.96 (As of Mar. 2024)

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What is Thai Solar Energy PCL Dividend Payout Ratio?

Thai Solar Energy PCL's dividend payout ratio for the months ended in Mar. 2024 was 0.96.

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

During the past 11 years, the highest Dividend Payout Ratio of Thai Solar Energy PCL was 4.09. The lowest was 0.04. And the median was 0.19.

BKK:TSE's Dividend Payout Ratio is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.41
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-24), the Dividend Yield % of Thai Solar Energy PCL is 12.17%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Thai Solar Energy PCL was 12.28%. The lowest was 0.19%. And the median was 2.16%.

Thai Solar Energy PCL's Dividends per Share for the months ended in Mar. 2024 was ฿0.05.

During the past 3 years, the average Dividends Per Share Growth Rate was -19.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 35.90% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Thai Solar Energy PCL was 88.20% per year. The lowest was -19.10% per year. And the median was -1.20% per year.

The growth rate is calculated with least square regression.

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

Thai Solar Energy PCL Dividend Payout Ratio Historical Data

The historical data trend for Thai Solar Energy 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.

* Premium members only.

Thai Solar Energy PCL Dividend Payout Ratio Chart

Thai Solar Energy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.15

0.69

0.21

0.14

4.09

Thai Solar Energy PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	1.25	-	-	0.96

Competitive Comparison of Thai Solar Energy PCL's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Thai Solar Energy 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 Solar Energy PCL's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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

Thai Solar Energy PCL Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Thai Solar Energy PCL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.09	/	0.022
	=	4.09

Thai Solar Energy PCL's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.05	/	0.052
	=	0.96

Thai Solar Energy PCL (BKK:TSE) Dividend Payout Ratio Explanation

In dividends investing, 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 Solar Energy PCL Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Thai Solar Energy PCL's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Solar Energy PCL (BKK:TSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thai Solar Energy PCL (BKK:TSE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110

Website

https://www.thaisolarenergy.com

Thai Solar Energy Public Company Ltd is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand, and Biomass Power Plants.