WICE Logistics PCL (BKK:WICE) Dividend Payout Ratio: 4.67 (As of Mar. 2026) — 608% Above Median

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WICE Logistics PCL BKK:WICE

72 GF Score

Price ฿3.26

GF Value ฿5.86

Valuation Possible Value Trap

9 Warning Signs

View Full Analysis

What is WICE Logistics PCL Dividend Payout Ratio?

WICE Logistics PCL BKK:WICE -2.98% 72 Dividend Payout Ratio is 4.67 as of Mar. 2026, which is 608% above its 10-year median of 0.66. GuruFocus rates BKK:WICE with a GF Score™ of 72/100 and a GF Value™ of ฿5.86 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 564 Transportation companies, WICE Logistics PCL ranks worse than 89.01% 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. WICE Logistics PCL's Dividend Payout Ratio for the months ended in Mar. 2026 was 4.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of WICE Logistics PCL is 1.08, which seems too high.

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

BKK:WICE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.66 Max: 1.81
Current: 1.08

During the past 12 years, the highest Dividend Payout Ratio of WICE Logistics PCL was 1.81. The lowest was 0.17. And the median was 0.66.

BKK:WICE's Dividend Payout Ratio is ranked worse than
89.01% of 564 companies
in the Transportation industry
Industry Median: 0.45 vs BKK:WICE: 1.08

As of today (2026-07-19), the Dividend Yield % of WICE Logistics PCL is 4.29%.

During the past 12 years, the highest Trailing Annual Dividend Yield of WICE Logistics PCL was 9.85%. The lowest was 0.60%. And the median was 2.91%.

WICE Logistics PCL's Dividends per Share for the months ended in Mar. 2026 was ฿0.14.

During the past 3 years, the average Dividends Per Share Growth Rate was -15.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.60% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of WICE Logistics PCL was 69.70% per year. The lowest was -15.30% per year. And the median was 19.70% 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.

WICE Logistics PCL (BKK:WICE) 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.

WICE Logistics PCL Dividend Payout Ratio Related Terms

WICE Logistics PCL Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for WICE Logistics 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.

WICE Logistics PCL Dividend Payout Ratio Chart

WICE Logistics PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.17

0.27

1.81

1.60

0.74

WICE Logistics 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															1.56	0.00	0.00	0.00	4.67

BKK:WICE vs UPS, FDX, JBHT: Dividend Payout Ratio Comparison

For the Integrated Freight & Logistics subindustry, WICE Logistics 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.

WICE Logistics PCL Dividend Payout Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, WICE Logistics PCL's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where WICE Logistics PCL's Dividend Payout Ratio falls into.

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72GF Score

WICE Logistics PCL BKK:WICE

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

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WICE Logistics PCL Dividend Payout Ratio Calculation

WICE Logistics 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 )
	=	0.14	/	0.19
	=	0.74

WICE Logistics 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 )
	=	0.14	/	0.03
	=	4.67

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 4.67 mean?

WICE Logistics PCL (BKK:WICE) has a Dividend Payout Ratio of 4.67 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on WICE Logistics PCL and its competitors. This is 608% above median its historical median of 0.66. Over the past decade, WICE Logistics PCL's Dividend Payout Ratio has ranged from 0.17 to 1.81. According to the industry distribution chart, WICE Logistics PCL ranks #502 out of 564 companies in the Transportation industry, placing it in the top 89%.

Is WICE Logistics PCL's Dividend Payout Ratio too high?

WICE Logistics PCL's current Dividend Payout Ratio of 4.67 is 608% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.81. The Transportation industry median Dividend Payout Ratio is 0.45. WICE Logistics PCL's value of 4.67 is 937.8% above this industry median. Based on the distribution chart, WICE Logistics PCL ranks #502 out of 564 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, WICE Logistics PCL has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does WICE Logistics PCL's Dividend Payout Ratio compare to UPS and FDX?

According to the Transportation industry distribution chart, WICE Logistics PCL ranks #502 out of 564 companies for Dividend Payout Ratio. This places WICE Logistics PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.45. WICE Logistics PCL's value of 4.67 is 937.8% above this benchmark. Historically, WICE Logistics PCL's own Dividend Payout Ratio has ranged from 0.17 to 1.81 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.45, WICE Logistics 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 Transportation company?

The median Dividend Payout Ratio among Transportation companies is 0.45, based on 564 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. WICE Logistics PCL's current Dividend Payout Ratio of 4.67 is 937.8% 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 WICE Logistics PCL and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WICE Logistics PCL's current Dividend Payout Ratio is 4.67, which is 608% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is WICE Logistics PCL stock overvalued right now?

Based on GuruFocus' analysis, WICE Logistics PCL (BKK:WICE) is currently considered Possible Value Trap. The stock's GF Value™ is ฿5.86, compared to a current price of ฿3.26 — trading 44.4% below its estimated fair value. The current Dividend Payout Ratio is 4.67, which is 608% above median its 10-year median of 0.66 and 937.8% above the Transportation industry median of 0.45. WICE Logistics PCL's overall GF Score™ is 72/100 with 9 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 WICE Logistics PCL (BKK:WICE), the current Dividend Payout Ratio is 4.67 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 WICE Logistics PCL (BKK:WICE) Overvalued in 2026?

Based on GuruFocus' analysis, WICE Logistics PCL stock appears to be undervalued. The current stock price of ฿3.26 is trading 44.4% below its estimated GF Value™ of ฿5.86. GuruFocus considers WICE Logistics PCL to be Possible Value Trap.

Key valuation signals for BKK:WICE:

Dividend Payout Ratio: 4.67 (608% above median its 10-year median of 0.66)
GF Value™: ฿5.86 vs. price of ฿3.26 (44.4% below fair value)
GF Score™: 72/100 with 9 warning signs
Industry Position: 937.8% above the Transportation median (#502 of 564)

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

WICE Logistics PCL Business Description

Industry Industrials Transportation

Comparable Companies BKK:SONIC BKK:TPL BKK:SINO BKK:MPJ BKK:LEO BKK:B BKK:ETL BKK:NCL BKK:III BKK:ANI UPS FDX XTER:DHL OCSE:DSV XSWX:KNIN JBHT SZSE:002352 FDXF CHRW EXPD

Address 88/8 Nonsee Road, Chong-Nonsee, Yannawa, Bangkok, THA, 10120

Website https://www.wice.co.th

WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. The company derives maximum profit from cross-border transport services.

72GF Score

Get the complete analysis for BKK:WICE

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

฿3.26

Price

฿5.86

GF Value

View BKK:WICE Analysis

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