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Chin Huay Public Company Limited manufactures and distributes canned food, dried fruits, and fried vegetables and fruits. It operates in Thailand, the United States of America, Japan, Canada, Italy, Mauritius, China, Myanmar, India, the Netherlands, and internationally. The company was founded in 1925 and is headquartered in Bangkok, Thailand.

Chin Huay Dividend Announcement

Chin Huay announced a annually dividend of ฿0.04 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-07
Chin Huay annual dividend for 2024 was ฿0.04
Chin Huay annual dividend for 2023 was ฿0.06
Chin Huay's trailing twelve-month (TTM) dividend yield is 1.72%
Chin Huay's payout ratio for the trailing twelve months (TTM) is 23.62%

Chin Huay Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-07฿0.04annually2024-05-17
2023-04-24฿0.06annually2023-05-12

Chin Huay Dividend per year

Chin Huay Dividend Yield

Chin Huay current trailing twelve-month (TTM) dividend yield is 1.72%. Interested in purchasing Chin Huay stock? Use our calculator to estimate your expected dividend yield:

Chin Huay Financial Ratios

P/E ratio12.73
PEG ratio2.16
P/B ratio1.38
ROE11.22%
Payout ratio23.62%
Current ratio2.63
Quick ratio1.32
Cash Ratio0.37

Chin Huay Dividend FAQ

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