CK Power Public Company Limited, through its subsidiaries, generates and sells electricity and steam in Thailand and internationally. It operates through three segments: Generation of Electricity from Hydroelectric Power, Generation of Electricity from Solar Power, and Generation of Electricity from Thermal Power. The company operates 2 hydro power plants with a capacity of 1,900 MW; 9 solar power plant with a capacity of 29 MW; and 2 cogeneration power plants with installed capacity of 238 MW. It also provides consulting and other services related to electricity generating projects. CK Power Public Company Limited was incorporated in 2011 and is based in Bangkok, Thailand.
CK Power Dividend Announcement
• CK Power announced a annually dividend of ฿0.09 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-07
• CK Power annual dividend for 2024 was ฿0.09
• CK Power annual dividend for 2023 was ฿0.09
• CK Power's trailing twelve-month (TTM) dividend yield is 2.64%
• CK Power's payout ratio for the trailing twelve months (TTM) is 51.32%
• CK Power's dividend growth over the last five years (2018-2023) was 30.45% year
CK Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | ฿0.09 | annually | 2024-05-23 |
2023-05-03 | ฿0.09 | annually | 2023-05-22 |
2022-05-05 | ฿0.08 | annually | 2022-05-20 |
2021-04-28 | ฿0.04 | annually | 2021-05-20 |
2021-04-26 | ฿0.04 | annually | |
2020-05-07 | ฿0.03 | annually | |
2020-04-24 | ฿0.03 | annually | 2020-05-12 |
2019-04-30 | ฿0.03 | annually | 2019-05-21 |
2018-04-19 | ฿0.02 | annually | 2018-05-08 |
2017-03-20 | ฿0.06 | annually | 2017-05-18 |
2016-03-18 | ฿0.02 | annually | |
2015-03-11 | ฿0.10 | annually |
CK Power Dividend per year
CK Power Dividend growth
CK Power Dividend Yield
CK Power current trailing twelve-month (TTM) dividend yield is 2.64%. Interested in purchasing CK Power stock? Use our calculator to estimate your expected dividend yield:
CK Power Financial Ratios
CK Power Dividend FAQ
Other factors to consider when evaluating CK Power 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: CK Power'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, CK Power 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, CK Power 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 CK Power 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: CK Power 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, CK Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CK Power 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 CK Power'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 CK Power'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.