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ALT Telecom Public Company Limited engages in the manufacture, installation, maintenance, rental, and sale of telecommunication network equipment in Thailand and internationally. The company operates through three segments: Network Equipment and Electricity Meter Distribution, Network Equipment Installation Business, and Network Equipment Rental Business. It also manufactures, assembles, installs, and distributes electricity meters; and offers telecommunication products comprising fiber optic cables, telecom shelters, cell-on-wheel vehicles, antennas, tappers, splitters, repeaters, wireless range extenders, optical cables, and outdoor enclosures, as well as rapid deployment products. In addition, it is involved in the construction of base stations; installation and repairing of telecommunication, digital, and renewable energy equipment; sale, installation, and maintenance of electrical equipment and systems; leasing and management of telecommunication basic structures. The company was incorporated in 2001 and is headquartered in Bang Kruai, Thailand.

ALT Telecom Dividend Announcement

• ALT Telecom announced a annually dividend of ฿0.10 per ordinary share which will be made payable on 2020-12-08. Ex dividend date: 2020-11-24
• ALT Telecom's trailing twelve-month (TTM) dividend yield is -%

ALT Telecom Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-11-24฿0.10annually2020-12-08
2018-05-04฿0.04annually2018-05-24
2017-05-03฿0.10annually2017-05-25

ALT Telecom Dividend per year

ALT Telecom Dividend Yield

ALT Telecom current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing ALT Telecom stock? Use our calculator to estimate your expected dividend yield:

ALT Telecom Financial Ratios

P/E ratio61.24
PEG ratio0.61
P/B ratio0.76
ROE1.24%
Payout ratio0.00%
Current ratio1.19
Quick ratio1.11
Cash Ratio0.15

ALT Telecom Dividend FAQ

Does ALT Telecom stock pay dividends?
ALT Telecom does not currently pay dividends to its shareholders.
Has ALT Telecom ever paid a dividend?
No, ALT Telecom has no a history of paying dividends to its shareholders. ALT Telecom is not known for its dividend payments.
Why doesn't ALT Telecom pay dividends?
There are several potential reasons why ALT Telecom would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will ALT Telecom ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While ALT Telecom has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is ALT Telecom a dividend aristocrat?
ALT Telecom is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is ALT Telecom a dividend king?
ALT Telecom is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is ALT Telecom a dividend stock?
No, ALT Telecom is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy ALT Telecom stocks?
To buy ALT Telecom you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy ALT Telecom stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.