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Lohakit Metal PCL (BKK:LHK) 3-Year Dividend Growth Rate : 28.70% (As of Dec. 2023)


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What is Lohakit Metal PCL 3-Year Dividend Growth Rate?

Lohakit Metal PCL's Dividends per Share for the three months ended in Dec. 2023 was ฿0.14.

The historical rank and industry rank for Lohakit Metal PCL's 3-Year Dividend Growth Rate or its related term are showing as below:

BKK:LHK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -18.1   Med: 11.15   Max: 30.1
Current: 28.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lohakit Metal PCL was 30.10% per year. The lowest was -18.10% per year. And the median was 11.15% per year.

BKK:LHK's 3-Year Dividend Growth Rate is ranked better than
65.44% of 217 companies
in the Steel industry
Industry Median: 14.5 vs BKK:LHK: 28.70

During the past 12 months, Lohakit Metal PCL's average Dividends Per Share Growth Rate was -64.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Lohakit Metal PCL's Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.33. As of today, Lohakit Metal PCL's Dividend Yield % is 5.56%.

Warning Sign:

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

Warning Sign:

Lohakit Metal PCL stock dividend yield is close to 10-year low.

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


Competitive Comparison of Lohakit Metal PCL's 3-Year Dividend Growth Rate

For the Steel subindustry, Lohakit Metal PCL's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Lohakit Metal PCL's 3-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lohakit Metal PCL's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Lohakit Metal PCL's 3-Year Dividend Growth Rate falls into.



Lohakit Metal PCL 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Lohakit Metal PCL  (BKK:LHK) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Lohakit Metal PCL's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.14/ 0.06
=2.33

During the past 13 years, the highest Dividend Payout Ratio of Lohakit Metal PCL was 2.29. The lowest was 0.61. And the median was 0.76.

Warning Sign:

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

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Lohakit Metal PCL Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
THB 0.1400002023-11-272023-11-282023-12-08Cash Dividendsemi-annuallyTHB:THB 1.000000
THB 0.0900002023-06-142023-06-152023-08-10Cash Dividendsemi-annuallyTHB: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.

Lohakit Metal PCL's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.23/4.14
=5.56 %

Current Share Price is ฿4.14.
Lohakit Metal PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿0.23.

During the past 13 years, the highest Dividend Yield of Lohakit Metal PCL was 15.38%. The lowest was 5.18%. And the median was 7.75%.

Warning Sign:

Lohakit Metal PCL stock dividend yield is close to 10-year low.

* 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.


Lohakit Metal PCL 3-Year Dividend Growth Rate Related Terms>


Lohakit Metal PCL (BKK:LHK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130
Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

Lohakit Metal PCL (BKK:LHK) Headlines

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