Dusit Thani Public Company Limited, together with its subsidiaries, owns and operates hotels and resorts in Thailand and internationally. The company operates through five business units: hotels and resorts, hospitality education, food, property development, and hospitality-related services. It operates hotels under the Dusit Thani, Dusit Devarana, dusitD2, Dusit Princess, ASAI HOTELS, Elite Havens, and Dusit Residence brands; spas, which provide various treatments, including massages, facials, body treatments, and various exclusive programs under the Devarana Spa and Namm Spa brands; and healthy food restaurants. The company also provides hotel management and consultancy services; and engages in the food and beverage catering, and distribution business. In addition, it operates Dusit Thani College that offers undergraduate and postgraduate hospitality degrees; Dusit Thani Excellence Centre, which provides short courses and corporate training services; and as a REIT manager for real estate investment trust. Further, the company is involved in the leasing of properties. It operates culinary schools and hospitality colleges in Thailand; and catering companies for the education sector in Thailand, Cambodia, and Vietnam. Dusit Thani Public Company Limited was founded in 1948 and is headquartered in Bangkok, Thailand.
Dusit Thani Dividend Announcement
• Dusit Thani announced a annually dividend of ฿0.19 per ordinary share which will be made payable on 2020-04-17. Ex dividend date: 2020-04-01
• Dusit Thani's trailing twelve-month (TTM) dividend yield is -%
• Dusit Thani's payout ratio for the trailing twelve months (TTM) is -6.29%
Dusit Thani Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-04-01 | ฿0.19 | annually | 2020-04-17 |
2019-03-28 | ฿0.17 | annually | 2019-05-15 |
2018-03-19 | ฿0.16 | annually | 2018-05-11 |
2017-03-13 | ฿0.10 | annually | 2017-05-12 |
2016-03-10 | ฿1.20 | annually | |
2015-03-09 | ฿1.00 | annually | |
2014-03-07 | ฿1.00 | annually | |
2013-03-14 | ฿1.00 | annually | |
2012-03-27 | ฿0.50 | annually | |
2011-03-29 | ฿0.50 | annually | |
2010-03-29 | ฿0.50 | annually | |
2009-04-01 | ฿0.50 | annually |
Dusit Thani Dividend per year
Dusit Thani Dividend growth
Dusit Thani Dividend Yield
Dusit Thani current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dusit Thani stock? Use our calculator to estimate your expected dividend yield:
Dusit Thani Financial Ratios
Dusit Thani Dividend FAQ
Other factors to consider when evaluating Dusit Thani 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: Dusit Thani'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, Dusit Thani 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, Dusit Thani 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 Dusit Thani 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: Dusit Thani 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, Dusit Thani distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dusit Thani 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 Dusit Thani'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 Dusit Thani'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.