Asian Marine Services Public Company Limited, together with its subsidiaries, engages in the ship building and ship repairing businesses in Thailand. The company constructs various types of ships; undertakes ship conversion projects; and offers a range of offshore support services, as well as engineering services. It also operates as an agent of machinery and equipment for marine service; and subcontractor of ship repair, as well as provides pollution control and environmental management services. The company was founded in 1981 and is headquartered in Samut Prakan, Thailand.
Asian Marin Services Dividend Announcement
• Asian Marin Services announced a annually dividend of ฿0.08 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-03-19
• Asian Marin Services annual dividend for 2024 was ฿0.08
• Asian Marin Services annual dividend for 2023 was ฿0.04
• Asian Marin Services's trailing twelve-month (TTM) dividend yield is 5.23%
• Asian Marin Services's payout ratio for the trailing twelve months (TTM) is 44.45%
• Asian Marin Services's dividend growth over the last five years (2018-2023) was -27.52% year
• Asian Marin Services's dividend growth over the last ten years (2013-2023) was 12.61% year
Asian Marin Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-19 | ฿0.08 | annually | 2024-05-21 |
2023-03-16 | ฿0.04 | annually | 2023-05-03 |
2022-03-14 | ฿0.10 | annually | 2022-05-06 |
2021-03-09 | ฿0.10 | annually | 2021-04-30 |
2020-03-12 | ฿0.05 | annually | 2020-04-30 |
2019-03-15 | ฿0.10 | annually | 2019-05-03 |
2018-03-13 | ฿0.20 | annually | 2018-05-02 |
2017-03-09 | ฿0.12 | annually | 2017-05-02 |
2016-03-09 | ฿0.20 | annually | |
2015-03-13 | ฿0.12 | annually | |
2014-03-17 | ฿0.15 | annually | |
2013-03-11 | ฿0.01 | annually |
Asian Marin Services Dividend per year
Asian Marin Services Dividend growth
Asian Marin Services Dividend Yield
Asian Marin Services current trailing twelve-month (TTM) dividend yield is 5.23%. Interested in purchasing Asian Marin Services stock? Use our calculator to estimate your expected dividend yield:
Asian Marin Services Financial Ratios
Asian Marin Services Dividend FAQ
Other factors to consider when evaluating Asian Marin Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Asian Marin Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Asian Marin Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Asian Marin Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Asian Marin Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Asian Marin Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Asian Marin Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Asian Marin Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Asian Marin Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Asian Marin Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.