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Bangchak Sriracha Public Company Limited refines and markets petroleum products in Thailand and internationally. It operates through two segments, Downstream and Petrochemicals. The company provides liquefied petroleum gas, gasoline, naphtha, jet fuel/kerosene, diesel, fuel oil, and asphalt; and other petroleum products comprising mineral and synthetic lubricants under the Mobil brand. It sells refined petroleum products through retail service stations under the Esso brand; and commercial channels that consist of sales to industrial end users, wholesalers, and customers in the aviation and marine industries. The company also offers hydrocarbon solvents, such as hexane used in edible oil seed extractions and as a carrier in petrochemical production; rubber solvents that are used as adhesives and rubber cement for manufacturing of tires; white spirits for coating and paint industries; and Exxsol D80 for household, industrial, and metal working applications. In addition, it imports and markets aromatic solvents that are used in the automotive paint coating industry; sells plasticizers; and leases real estate properties. The company was formerly known as Esso (Thailand) Public Company Limited and changed its name to Bangchak Sriracha Public Company Limited in November 2023. The company was founded in 1894 and is based in Bangkok, Thailand. As of August 31, 2023, Bangchak Sriracha Public Company Limited operates as a subsidiary of Bangchak Corporation Public Company Limited.

BSRC_BANGCHAK SRIRACHA Dividend Announcement

• BSRC_BANGCHAK SRIRACHA announced a semi annually dividend of ฿0.08 per ordinary share which will be made payable on 2024-09-17. Ex dividend date: 2024-09-03
• BSRC_BANGCHAK SRIRACHA annual dividend for 2024 was ฿0.33
• BSRC_BANGCHAK SRIRACHA annual dividend for 2023 was ฿0.30
• BSRC_BANGCHAK SRIRACHA's trailing twelve-month (TTM) dividend yield is 4.26%
• BSRC_BANGCHAK SRIRACHA's payout ratio for the trailing twelve months (TTM) is -43.14%

BSRC_BANGCHAK SRIRACHA Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03฿0.08semi annually2024-09-17
2024-03-11฿0.25semi annually
2023-05-02฿0.30semi annually2023-05-22

BSRC_BANGCHAK SRIRACHA Dividend per year

BSRC_BANGCHAK SRIRACHA Dividend Yield

BSRC_BANGCHAK SRIRACHA current trailing twelve-month (TTM) dividend yield is 4.26%. Interested in purchasing BSRC_BANGCHAK SRIRACHA stock? Use our calculator to estimate your expected dividend yield:

BSRC_BANGCHAK SRIRACHA Financial Ratios

P/E ratio-10.16
PEG ratio-0.10
P/B ratio1.02
ROE-9.43%
Payout ratio-43.14%
Current ratio1.35
Quick ratio0.64
Cash Ratio0.09

BSRC_BANGCHAK SRIRACHA Dividend FAQ

Does BSRC_BANGCHAK SRIRACHA stock pay dividends?
BSRC_BANGCHAK SRIRACHA does not currently pay dividends to its shareholders.
Has BSRC_BANGCHAK SRIRACHA ever paid a dividend?
No, BSRC_BANGCHAK SRIRACHA has no a history of paying dividends to its shareholders. BSRC_BANGCHAK SRIRACHA is not known for its dividend payments.
Why doesn't BSRC_BANGCHAK SRIRACHA pay dividends?
There are several potential reasons why BSRC_BANGCHAK SRIRACHA 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 BSRC_BANGCHAK SRIRACHA 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 BSRC_BANGCHAK SRIRACHA 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 BSRC_BANGCHAK SRIRACHA a dividend aristocrat?
BSRC_BANGCHAK SRIRACHA 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 BSRC_BANGCHAK SRIRACHA a dividend king?
BSRC_BANGCHAK SRIRACHA 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 BSRC_BANGCHAK SRIRACHA a dividend stock?
No, BSRC_BANGCHAK SRIRACHA 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 BSRC_BANGCHAK SRIRACHA stocks?
To buy BSRC_BANGCHAK SRIRACHA 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 BSRC_BANGCHAK SRIRACHA 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.