About TTW Public Company Limited (TTAPF) — Dividend Analysis 2026
TTW Public Company Limited, together with its subsidiaries, produces and sells treated water in Thailand. The company supplies water to the Provincial Waterworks Authority in the Amphur Nakorn Chaisri, Amphur Sam Pran, and Amphur Budha Monthon areas of Nakhon Pathom; and Amphur Muang and Amphur Kratumban areas of Samut Sakhon under the water purchase agreement. It is also involved in the management of water production and distribution systems, and wastewater collection and treatment systems; operation and maintenance of water supply project; and production and distribution of electricity using hydroelectric, cogeneration, and solar power plants. The company was formerly known as Thai Tap Water Supply Public Company Limited and changed its name to TTW Public Company Limited in April 2014. The company was incorporated in 2000 and is headquartered in Nakhon Pathom, Thailand.
Is TTAPF a good dividend investment in 2026?
TTAPF offers a 6.48% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of -0.1% is modest — investors should weigh current income against growth alternatives.
TTAPF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your TTAPF portfolio grows to $9.6K vs $8.3K without reinvestment. This is the compound interest effect in action.
TTAPF dividend growth history & forecast
TTAPF has grown its dividend by 0% over the last year and -0.1% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.48%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 TTAPF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TTAPF.
Gross yield
6.48%
Tax rate
15.00%
After-tax yield
5.51%
Real yield (−CPI)
2.71%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.48%
3.68%
$648 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.51%
2.71%
$551 / yr
🇺🇸 US Taxable (20%)
20%
5.18%
2.38%
$518 / yr
🇬🇧 UK ISA
0%
6.48%
3.68%
$648 / yr
🇬🇧 UK Taxable
8.75%
5.91%
3.11%
$591 / yr
🇨🇦 TFSA
0%
6.48%
3.68%
$648 / yr
🇨🇦 CA Taxable
25%
4.86%
2.06%
$486 / yr
🇦🇺 Super (pension)
15%
5.51%
2.71%
$551 / yr
🇦🇺 AU Taxable
30%
4.54%
1.74%
$454 / yr
🇩🇪 DE Taxable
26.375%
4.77%
1.97%
$477 / yr
🇫🇷 FR Taxable
30%
4.54%
1.74%
$454 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 TTAPF Income Goal & Break-Even
Dividend Break-Even
19yr
Years for dividends to fully repay your TTAPF investment of $0.30/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$9.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$6.8K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TTAPF for:
Shares needed
1,470,589
Capital required
$435,883
Monthly income
$2,000
Based on current dividend of $0.02/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TTAPF Dividend Payment Schedule
TTAPF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.04 / payment
$0.16 / year after tax
100 shares
$0.41 / payment
$1.63 / year after tax
1,000 shares
$4.08 / payment
$16.32 / year after tax
📊 TTAPF vs Utilities Benchmarks
How TTAPF compares to typical Utilities averages.
Benchmark: Utilities
Dividend Yield▲+2.68% vs sectorBetter
TTAPF
6.48%
avg
3.80%
5Y Dividend CAGR▼-5.20% vs sectorBelow avg
TTAPF
-0.10%
avg
5.10%
Payout Ratio▲-18.00% vs sectorBetter
TTAPF
50.00%
avg
68.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TTAPF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TTAPF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
4.78
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TTAPF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →