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Gulf Development PCLBKK:GULF -1.14%16 Dividend Yield % is 1.61% as of Jul. 29, 2026, which is 7% below its 10-year median of 1.73. GuruFocus rates BKK:GULF with a GF Score™ of 16/100. The stock has 12 warning signs investors should review. Among 238 Utilities - Independent Power Producers companies, Gulf Development PCL ranks worse than 75.63% on this metric.
As of today (2026-07-29), the Trailing Annual Dividend Yield of Gulf Development PCL is 1.61%.
The historical rank and industry rank for Gulf Development PCL's Dividend Yield % or its related term are showing as below:
BKK:GULF'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.56 Med: 1.73 Max: 1.88
Current: 1.61
During the past 12 years, the highest Dividend Yield of Gulf Development PCL was 1.88%. The lowest was 1.56%. And the median was 1.73%.
BKK:GULF's Dividend Yield % is ranked worse than 75.63% of 238
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.42
vs BKK:GULF: 1.61
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 Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Gulf Development PCL Dividend Yield % Related Terms
Gulf Development PCL Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Gulf Development PCL's Dividend Yield % 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 Yield % Comparison
For the Utilities - Independent Power Producers subindustry, Gulf Development PCL's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Development PCL's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Gulf Development PCL's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Gulf Development PCL Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
THB 1.050000
2026-03-02
2026-03-04
2026-05-07
Cash Dividend
annually
THB:THB 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Gulf Development PCL's Trailing Annual Dividend Yield (%) for Today 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 Yield % of 1.61% as of Jul. 29, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Gulf Development PCL and its competitors. This is near median its historical median of 1.73. Over the past decade, Gulf Development PCL's Dividend Yield % has ranged from 1.56 to 1.88. According to the industry distribution chart, Gulf Development PCL ranks #180 out of 238 companies in the Utilities - Independent Power Producers industry, placing it in the top 75.6%.
Is Gulf Development PCL's Dividend Yield % too high?
Gulf Development PCL's current Dividend Yield % of 1.61% is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 1.88. The Utilities - Independent Power Producers industry median Dividend Yield % is 3.42. Gulf Development PCL's value of 1.61% is 52.9% below this industry median. Based on the distribution chart, Gulf Development PCL ranks #180 out of 238 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. 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 Yield % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Gulf Development PCL ranks #180 out of 238 companies for Dividend Yield %. This places Gulf Development PCL in the lower half of its industry. The industry median Dividend Yield % is 3.42. Gulf Development PCL's value of 1.61% is 52.9% below this benchmark. Historically, Gulf Development PCL's own Dividend Yield % has ranged from 1.56 to 1.88 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 3.42, Gulf Development PCL has consistently been below 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 Yield % for an Utilities - Independent Power Producers company?
The median Dividend Yield % among Utilities - Independent Power Producers companies is 3.42, based on 238 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gulf Development PCL's current Dividend Yield % of 1.61% is 52.9% below 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Gulf Development PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Yield % is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Development PCL's current Dividend Yield % is 1.61%, which is near median its own 10-year median of 1.73. 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 Yield % of 1.61%. The current Dividend Yield % is 1.61%, which is near median its 10-year median of 1.73 and 52.9% below the Utilities - Independent Power Producers industry median of 3.42. 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 Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Gulf Development PCL (BKK:GULF), the current Dividend Yield % is 1.61% as of Jul. 29, 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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