Lohakit Metal PCL (BKK:LHK) Dividend Payout Ratio : 2.33 (As of Dec. 2023)

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What is Lohakit Metal PCL Dividend Payout Ratio?

Lohakit Metal PCL's dividend payout ratio for the months ended in Dec. 2023 was 2.33.

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.

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

BKK:LHK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61 Med: 0.76 Max: 2.29
Current: 1.08

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.

BKK:LHK's Dividend Payout Ratio is ranked worse than
88.27% of 307 companies
in the Steel industry
Industry Median: 0.29 vs BKK:LHK: 1.08

As of today (2024-05-16), the Dividend Yield % of Lohakit Metal PCL is 5.56%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Lohakit Metal PCL Dividend Payout Ratio Historical Data

The historical data trend for Lohakit Metal 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.

* Premium members only.

Lohakit Metal PCL Dividend Payout Ratio Chart

Lohakit Metal PCL Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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1.19

1.30

0.85

0.69

2.29

Lohakit Metal PCL 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															3.80	-	3.00	-	2.33

Competitive Comparison of Lohakit Metal PCL's Dividend Payout Ratio

For the Steel subindustry, Lohakit Metal 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.

Lohakit Metal PCL's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lohakit Metal PCL's Dividend Payout Ratio distribution charts can be found below:

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

Lohakit Metal PCL Dividend Payout Ratio Calculation

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

Lohakit Metal PCL's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.64	/	0.28
	=	2.29

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

Lohakit Metal PCL (BKK:LHK) 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.

Lohakit Metal PCL Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Lohakit Metal PCL's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Lohakit Metal PCL (BKK:LHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lohakit Metal PCL (BKK:LHK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130

Website

https://www.lohakit.co.th

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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