As of today (2024-05-01), the Trailing Annual Dividend Yield of Modernform Group PCL is 2.63%.
Good Sign:
Modernform Group PCL stock dividend yield is close to 1-year high.
The historical rank and industry rank for Modernform Group PCL's Dividend Yield % or its related term are showing as below:
BKK:MODERN'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.03 Med: 5.78 Max: 11.9
Current: 2.63
During the past 13 years, the highest Dividend Yield of Modernform Group PCL was 11.90%. The lowest was 2.03%. And the median was 5.78%.
BKK:MODERN's Dividend Yield % is ranked better than 51.42% of 247
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.6
vs BKK:MODERN: 2.63
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Modernform Group PCL is 0.83, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Modernform Group PCL was 2.20. The lowest was 0.83. And the median was 1.56.
During the past 12 months, Modernform Group PCL's average Dividends Per Share Growth Rate was -14.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -29.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -25.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -21.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Modernform Group PCL was 30.50% per year. The lowest was -37.00% per year. And the median was -2.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Modernform Group PCL Dividend Yield % Historical Data
The historical data trend for Modernform Group 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.
Competitive Comparison of Modernform Group PCL's Dividend Yield %
For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.
Modernform Group PCL's Dividend Yield % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Modernform Group PCL's Dividend Yield % falls into.
Modernform Group PCL Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Modernform Group PCL Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
THB 0.060000
2023-05-02
2023-05-03
2023-05-17
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.
Modernform Group 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.
Modernform Group PCL (BKK:MODERN) 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.
Modernform Group PCL Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Modernform Group PCL's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Modernform Group PCL (BKK:MODERN) Business Description
Modernform Group PCL is a Thailand-based company, involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business of which furniture business accounts for the majority of revenue. Its furniture business consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
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