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Chow Steel Industries Public Company Limited, together with its subsidiaries, engages in the production, sale, and distribution of steel billets in Thailand and internationally. Its billets are used in the production of round bars, deformed bars, and wire rods. The company also generates and distributes electricity from renewable energy sources; provides logistics services through trailer-trucks; constructs and manages power plants; invests in solar power generation and distribution business; and offers project and efficiency insurance for renewable power plants, as well as provides consultancy services. Chow Steel Industries Public Company Limited was founded in 2003 and is headquartered in Bangkok, Thailand.

Chow Steel Industries Dividend Announcement

Chow Steel Industries announced a annually dividend of ฿0.10 per ordinary share which will be made payable on . Ex dividend date: 2013-11-20
Chow Steel Industries's trailing twelve-month (TTM) dividend yield is -%

Chow Steel Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-11-20฿0.10annually
2012-04-12฿0.10annually

Chow Steel Industries Dividend per year

Chow Steel Industries Dividend Yield

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

Chow Steel Industries Financial Ratios

P/E ratio3.86
PEG ratio0.16
P/B ratio0.99
ROE26.83%
Payout ratio0.00%
Current ratio1.32
Quick ratio1.31
Cash Ratio0.14

Chow Steel Industries Dividend FAQ

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