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Dividend Yield: 7.9%

Thai Steel Cable's dividend yield of 7.95% ranks in the top 25% of Thai market payers but is not well covered by earnings, with a high payout ratio of 105.6%. Although net income rose to THB 295.22 million from THB 278.6 million, dividends remain volatile over the past decade despite some growth. The company's cash payout ratio stands at a manageable 75%, yet overall sustainability concerns persist due to inconsistent dividend history and coverage issues.

• Delve into the full analysis dividend report here for a deeper understanding of Thai Steel Cable.

• Insights from our recent valuation report point to the potential overvaluation of Thai Steel Cable shares in the market.

Hour Glass

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: The Hour Glass Limited is an investment holding company involved in the retailing and distribution of watches, jewelry, and other luxury products across several countries including Singapore, Hong Kong, Japan, Australia, New Zealand, Malaysia, Thailand, and Vietnam with a market cap of SGD1.01 billion.

Operations: The Hour Glass Limited generates revenue of SGD1.11 billion from its retailing and distribution activities in watches, jewelry, and other luxury products.

Dividend Yield: 5.1%

Hour Glass's dividend history has been volatile, with payments increasing over the past decade but remaining unreliable. Despite a low payout ratio of 37% and a cash payout ratio of 46.5%, which indicate dividends are well covered by earnings and cash flows, the yield is below top-tier levels in Singapore's market. Recent interim dividend declarations suggest commitment to shareholder returns, although net income decreased to S$61.42 million from S$77.01 million year-on-year, reflecting potential pressure on future payouts.

• Click to explore a detailed breakdown of our findings in Hour Glass' dividend report.

• According our valuation report, there's an indication that Hour Glass' share price might be on the expensive side.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include KOSE:A004690 SET:TSC and SGX:AGS.

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