Thrace Plastics Holding and Commercial (ATH:PLAT) Dividend Payout Ratio : 1.06 (As of Dec. 2023)

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What is Thrace Plastics Holding and Commercial Dividend Payout Ratio?

Thrace Plastics Holding and Commercial's dividend payout ratio for the months ended in Dec. 2023 was 1.06.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Thrace Plastics Holding and Commercial SA is 0.81, which seems too high.

The historical rank and industry rank for Thrace Plastics Holding and Commercial's Dividend Payout Ratio or its related term are showing as below:

ATH:PLAT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.25 Max: 0.81
Current: 0.81

During the past 13 years, the highest Dividend Payout Ratio of Thrace Plastics Holding and Commercial was 0.81. The lowest was 0.10. And the median was 0.25.

ATH:PLAT's Dividend Payout Ratio is ranked worse than
75.82% of 426 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.37 vs ATH:PLAT: 0.81

As of today (2024-06-03), the Dividend Yield % of Thrace Plastics Holding and Commercial is 6.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Thrace Plastics Holding and Commercial was 8.45%. The lowest was 1.22%. And the median was 3.60%.

Thrace Plastics Holding and Commercial's Dividends per Share for the months ended in Dec. 2023 was €0.07.

During the past 12 months, Thrace Plastics Holding and Commercial's average Dividends Per Share Growth Rate was 105.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 47.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 52.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thrace Plastics Holding and Commercial was 79.10% per year. The lowest was -0.70% per year. And the median was 47.90% per year.

The growth rate is calculated with least square regression.

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

Thrace Plastics Holding and Commercial Dividend Payout Ratio Historical Data

The historical data trend for Thrace Plastics Holding and Commercial'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.

Thrace Plastics Holding and Commercial Dividend Payout Ratio Chart

Thrace Plastics Holding and Commercial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.27

0.10

0.18

0.27

0.81

Thrace Plastics Holding and Commercial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.80	1.66	-	1.06

Competitive Comparison of Thrace Plastics Holding and Commercial's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.

Thrace Plastics Holding and Commercial's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's Dividend Payout Ratio falls into.

Thrace Plastics Holding and Commercial Dividend Payout Ratio Calculation

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

Thrace Plastics Holding and Commercial'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 )
	=	0.333	/	0.413
	=	0.81

Thrace Plastics Holding and Commercial'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 )
	=	0.07	/	0.066
	=	1.06

Thrace Plastics Holding and Commercial (ATH:PLAT) 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.

Thrace Plastics Holding and Commercial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Thrace Plastics Holding and Commercial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Thrace Plastics Holding and Commercial (ATH:PLAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thrace Plastics Holding and Commercial SA (ATH:PLAT) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

TP3:Germany

Address

20 Marinou Antypa Street, Alimos, Attica, Athens, GRC, 17455

Website

https://www.thracegroup.com

Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags, big bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Agricultural sector that involves the production of tomatoes by applying the hydroponic methodology and the utilization and use of geothermal energy.