TQM dividend yield calculator – TQM Alpha PCL Announces 0.5 Cash Dividend!
March 26, 2023
Dividends Yield
TQM ALPHA PCL ($SET:TQM) recently announced a 0.5 cash dividend on March 2, 2023. For the past three years, the company has consistently issued an annual dividend of 1.2 THB per share, yielding an average of 2.6%. These dividends are paid out to shareholders of record on the ex-dividend date, which is expected to be March 13, 2023. If you’re interested in stocks that offer dividends, TQM ALPHA PCL may be a worthwhile option to consider.
With a steady dividend yield and a reliable track record of dividend payments, it could be a great choice for investors looking for a steady return. The company’s stock may also be attractive to those who prefer to invest in rising markets. With a solid dividend payout, investors could benefit from both the capital appreciation of the stock and the regular return from the dividends.
Stock Price
The 0.5 cash dividend represents a significant return on investment for shareholders and is a testament to the successful management of the company. This dividend is sure to further bolster investor confidence in the company going forward and help to drive up its stock prices even more. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TQM. More…
| Total Revenues | Net Income | Net Margin |
| 3.59k | 809.29 | 23.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TQM. More…
| Operations | Investing | Financing |
| 418.2 | -126.49 | -515.22 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TQM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.9k | 1.75k | 4.28 |
Key Ratios Snapshot
Some of the financial key ratios for TQM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.8% | 20.9% | 31.0% |
| FCF Margin | ROE | ROA |
| 10.0% | 28.6% | 14.2% |
Analysis – TQM Stock Fair Value Calculator
After careful analysis, GoodWhale has determined that the intrinsic value of TQM ALPHA PCL’s stock is around THB57.1. This figure was calculated using our proprietary Valuation Line, which takes into account a range of factors to arrive at an accurate representation of the share’s true value. However, the current market price for this stock is only THB36.0, which would indicate that it is currently undervalued by a total of 36.9%. This presents a potential buying opportunity for investors who are looking to acquire stock in TQM ALPHA PCL. More…
Peers
It is one of the leading companies in the Thai insurance market, competing with other major players such as Thai Reinsurance PCL, Tian Ruixiang Holdings Ltd, and China United Insurance Service Inc. Each of these companies offer a variety of services and products, allowing them to compete on both innovation and quality.
– Thai Reinsurance PCL ($SET:THRE)
Thai Reinsurance PCL is a leading insurer in Thailand, providing reinsurance services such as risk analysis and asset protection to clients. The company has a market cap of 4.21B as of 2023, which indicates the high level of market confidence in Thai Reinsurance’s operations and its prospects. Additionally, the company has a Return on Equity of -4.54%, which implies that Thai Reinsurance is not generating a positive return on its investments and may be struggling to generate sufficient profits.
– Tian Ruixiang Holdings Ltd ($NASDAQ:TIRX)
Tian Ruixiang Holdings Ltd is a company that specializes in providing financial services and mobile-based recreational businesses. It’s market cap as of 2023 is 3.54M, which reflects the company’s size and market share. Its Return on Equity (ROE) for 2023 is -8.75%, indicating that the company has seen a decrease in profitability from its investments over the past year. Despite its decrease in profitability, Tian Ruixiang Holdings Ltd remains a strong provider of financial services and mobile-based recreational businesses.
– China United Insurance Service Inc ($OTCPK:CUII)
United Insurance Service Inc is a specialty insurance company that provides specialized insurance products and services to a variety of industries, including property/casualty, health, life, and financial services. With a market cap of 46.04M as of 2023, the company has maintained a strong financial position and has seen a return on equity of 33.54%. United Insurance Service Inc has been able to successfully deliver on its mission to provide products and services that meet the needs of their customers, while also delivering value to their shareholders.
Summary
TQM ALPHA PCL is an attractive investment opportunity for stockholders seeking to benefit from a consistent dividend yield. Over the past three years, the company has maintained a 1.2 THB dividend per share, yielding an average of 2.6%. This reliable dividend has made TQM ALPHA PCL an attractive option for investors who seek a steady return on their investments while also having the potential to benefit from capital appreciation. Investing in the company’s stocks can potentially provide the stability of a dividend income along with the upside potential of capital gains.
