East Coast Furnitech Public Company Limited engages in the manufacture and sale of self-assembled furniture in Thailand. The company manufactures, trades in, and distributes furniture made from particleboards, MDF boards, rubber wood, and dried rubber wood. It also provides dried sawn lumbers, laminating papers, and furniture-decorating supplies; foil paper, which is used in coating the particleboards; and sawn timber, as well as offers edge-cutting (PVC) service to be used in furniture assembly. The company distributes its furniture through showrooms, wholesale shops, and retail shops, as well online platforms, such as elegathai.com, Lazada, Shopee, etc. under the ELEGA, ECF Furniture, Fur Direct, Leaf, a7, Hasta, Finna House, and VV Décor brands. In addition, it operates biomass and solar power plants. Further, the company distributes wood furniture manufactured by other manufacturers. It also exports its products to Japan, the United States, the Middle East, China, India, Malaysia, the Philippines, and other countries. East Coast Furnitech Public Company Limited was founded in 1992 and is headquartered in Rayong, Thailand.
East Coast Furnitech Dividend Announcement
• East Coast Furnitech announced a annually dividend of ฿0.01 per ordinary share which will be made payable on 2023-05-19. Ex dividend date: 2023-03-13
• East Coast Furnitech annual dividend for 2023 was ฿0.01
• East Coast Furnitech's trailing twelve-month (TTM) dividend yield is -%
• East Coast Furnitech's payout ratio for the trailing twelve months (TTM) is -0.06%
• East Coast Furnitech's dividend growth over the last five years (2018-2023) was -28.84% year
East Coast Furnitech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-03-13 | ฿0.01 | annually | 2023-05-19 |
2022-03-11 | ฿0.02 | annually | 2022-05-20 |
2021-04-29 | ฿0.01 | annually | 2021-05-21 |
2020-05-08 | ฿0.02 | annually | 2020-05-22 |
2020-04-30 | ฿0.02 | annually | |
2019-04-29 | ฿0.03 | annually | 2019-05-21 |
2019-04-17 | ฿0.03 | annually | |
2018-05-03 | ฿0.06 | annually | 2018-05-24 |
2017-05-08 | ฿0.05 | annually | 2017-05-26 |
2016-04-19 | ฿0.06 | annually | |
2015-04-22 | ฿0.07 | annually | |
2014-03-07 | ฿0.03 | annually | |
2013-05-28 | ฿0.06 | annually |
East Coast Furnitech Dividend per year
East Coast Furnitech Dividend growth
East Coast Furnitech Dividend Yield
East Coast Furnitech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing East Coast Furnitech stock? Use our calculator to estimate your expected dividend yield:
East Coast Furnitech Financial Ratios
East Coast Furnitech Dividend FAQ
Other factors to consider when evaluating East Coast Furnitech 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: East Coast Furnitech'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, East Coast Furnitech 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, East Coast Furnitech 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 East Coast Furnitech 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: East Coast Furnitech 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, East Coast Furnitech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: East Coast Furnitech 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 East Coast Furnitech'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 East Coast Furnitech'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.