Eastern Technical Engineering Public Company Limited, together with its subsidiary, provides installation services for electricity transmission and telecommunication networks primarily in Thailand. The company offers personal and system management and construction services; also generates renewable energy from solar energy and biomass; and trades in safety equipment. It also provides personnel outsourcing and work force services, as well as engages in the engineering business. In addition, it operates as a distributor of Microsoft software systems, as well as provides management and consulting services; and designs and installs enterprise resource planning. Eastern Technical Engineering Public Company Limited was founded in 1997 and is based in Bangkok, Thailand.
Eastern Technical Engineering Dividend Announcement
• Eastern Technical Engineering announced a annually dividend of ฿0.03 per ordinary share which will be made payable on . Ex dividend date: 2024-03-07
• Eastern Technical Engineering annual dividend for 2024 was ฿0.03
• Eastern Technical Engineering's trailing twelve-month (TTM) dividend yield is 2.8%
• Eastern Technical Engineering's payout ratio for the trailing twelve months (TTM) is 36.83%
Eastern Technical Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-07 | ฿0.03 | annually | |
2021-03-11 | ฿0.04 | annually | 2021-05-19 |
2018-03-09 | ฿0.03 | annually | 2018-05-15 |
2017-03-10 | ฿0.03 | annually | 2017-05-16 |
Eastern Technical Engineering Dividend per year
Eastern Technical Engineering Dividend Yield
Eastern Technical Engineering current trailing twelve-month (TTM) dividend yield is 2.8%. Interested in purchasing Eastern Technical Engineering stock? Use our calculator to estimate your expected dividend yield:
Eastern Technical Engineering Financial Ratios
Eastern Technical Engineering Dividend FAQ
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.
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