Charoong Thai Wire and Cable Public Company Limited, together with its subsidiaries, manufactures and distributes electric wires and cables, and telephone cables under the CTW brand in Thailand, India, China, and internationally. It operates in four segments: Power Cable, Communication Cable, Fiber Optic Cable, and Enameled and Non-Enameled Wire. The company offers aluminum electrical wires and cables, copper electrical wires, high-voltage and low voltage power cables, telecommunication cables, fire resistance and flame-retardant cables, and control and instrument cables, as well as aluminum/copper conductor cables. Further, it manufactures and distributes fiber optic cables; and enameled and non-enameled wires, including enameled copper and aluminum wires, and non-enameled copper wires. In addition, the company engages in the fabrication of copper rods; and designing and manufacturing of custom OEM products. It serves government and private sector clients. Charoong Thai Wire and Cable Public Company Limited was founded in 1967 and is headquartered in Bangkok, Thailand.
Charoong Thai Wire and Cable Dividend Announcement
• Charoong Thai Wire and Cable announced a annually dividend of ฿0.05 per ordinary share which will be made payable on 2023-05-22. Ex dividend date: 2023-03-03
• Charoong Thai Wire and Cable annual dividend for 2023 was ฿0.05
• Charoong Thai Wire and Cable's trailing twelve-month (TTM) dividend yield is -%
• Charoong Thai Wire and Cable's payout ratio for the trailing twelve months (TTM) is -6.38%
• Charoong Thai Wire and Cable's dividend growth over the last five years (2018-2023) was -32.24% year
• Charoong Thai Wire and Cable's dividend growth over the last ten years (2013-2023) was -22.00% year
Charoong Thai Wire and Cable Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-03-03 | ฿0.05 | annually | 2023-05-22 |
2022-03-24 | ฿0.10 | annually | 2022-05-20 |
2021-03-25 | ฿0.45 | annually | 2021-05-14 |
2020-04-02 | ฿0.20 | annually | 2020-05-15 |
2019-03-27 | ฿0.45 | annually | 2019-05-15 |
2018-03-23 | ฿0.35 | annually | 2018-05-15 |
2017-03-23 | ฿0.35 | annually | 2017-05-15 |
2016-03-25 | ฿0.20 | annually | |
2015-04-03 | ฿0.35 | annually | |
2014-03-31 | ฿0.70 | annually | |
2013-04-05 | ฿0.60 | annually | |
2012-03-23 | ฿0.50 | annually |
Charoong Thai Wire and Cable Dividend per year
Charoong Thai Wire and Cable Dividend growth
Charoong Thai Wire and Cable Dividend Yield
Charoong Thai Wire and Cable current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Charoong Thai Wire and Cable stock? Use our calculator to estimate your expected dividend yield:
Charoong Thai Wire and Cable Financial Ratios
Charoong Thai Wire and Cable Dividend FAQ
Other factors to consider when evaluating Charoong Thai Wire and Cable 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: Charoong Thai Wire and Cable'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, Charoong Thai Wire and Cable 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, Charoong Thai Wire and Cable 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 Charoong Thai Wire and Cable 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: Charoong Thai Wire and Cable 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, Charoong Thai Wire and Cable distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Charoong Thai Wire and Cable 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 Charoong Thai Wire and Cable'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 Charoong Thai Wire and Cable'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.