company-logo

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 3.19%
Eastern Technical Engineering's payout ratio for the trailing twelve months (TTM) is 39.75%

Eastern Technical Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-07฿0.03annually
2021-03-11฿0.04annually2021-05-19
2018-03-09฿0.03annually2018-05-15
2017-03-10฿0.03annually2017-05-16

Eastern Technical Engineering Dividend per year

Eastern Technical Engineering Dividend Yield

Eastern Technical Engineering current trailing twelve-month (TTM) dividend yield is 3.19%. Interested in purchasing Eastern Technical Engineering stock? Use our calculator to estimate your expected dividend yield:

Eastern Technical Engineering Financial Ratios

P/E ratio9.20
PEG ratio-0.20
P/B ratio0.40
ROE4.38%
Payout ratio39.75%
Current ratio1.02
Quick ratio0.92
Cash Ratio0.07

Eastern Technical Engineering Dividend FAQ

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