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CPT Drives and Power Public Company Limited, together with its subsidiaries, provides electrical power and control systems in Thailand. The company offers drives and automation products, such as DC drives, LV and MV inverters, and starters; PLC, SCADA, and HMI products; speed feedback devices; and motion-controllers. It also provides electrical power components, including MCCB and ELCB, contactors and relays, air circuit and vacuum circuit breakers, vacuum contactors, power fuses, ring main units, motor protection relays, MV switchgears, transformers, and bus ducts; liquid and oil-cooled starters/NGR products; and power capacitors. In addition, the company offers electric motor products, such as AC and DC motors. CPT Drives and Power Public Company Limited was founded in 1995 and is headquartered in Bangkok, Thailand.

CPT Drives and Power Dividend Announcement

• CPT Drives and Power announced a annually dividend of ฿0.03 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-03-07
• CPT Drives and Power annual dividend for 2024 was ฿0.03
• CPT Drives and Power's trailing twelve-month (TTM) dividend yield is 2.5%
• CPT Drives and Power's payout ratio for the trailing twelve months (TTM) is 29.88%

CPT Drives and Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-07฿0.03annually2024-05-24
2021-03-15฿0.02annually2021-05-25
2019-03-20฿0.01annually2019-05-24
2018-03-05฿0.14annually2018-05-08

CPT Drives and Power Dividend per year

CPT Drives and Power Dividend Yield

CPT Drives and Power current trailing twelve-month (TTM) dividend yield is 2.5%. Interested in purchasing CPT Drives and Power stock? Use our calculator to estimate your expected dividend yield:

CPT Drives and Power Financial Ratios

P/E ratio11.95
PEG ratio0.07
P/B ratio0.93
ROE7.94%
Payout ratio29.88%
Current ratio3.41
Quick ratio2.60
Cash Ratio0.62

CPT Drives and Power Dividend FAQ

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