The Erawan Group Public Company Limited, through its subsidiaries, engages in hotel, and building rental and management businesses in Thailand. The company operates hotels and resorts under the Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam, ibis Hotel, Novotel Bangkok Sukhumvit 4, Mercure Bangkok Sukhumvit 24, ibis Styles Bangkok Sukhumvit 4, ibis Bangkok Siam, ibis Styles Krabi Ao Nang, ibis Pattaya, ibis Phuket Patong, ibis Phuket Kata, ibis Samui Bophut, ibis Hua Hin, and HOP INN names. It also owns and operates retail property under the name Erawan Bangkok, and manages Ploenchit Center a luxury retail property adjacent to Grand Hyatt Erawan Hotel, and manages Ploenchit Center. As of December 31, 2021, it owned 73 hotels with 9,807 rooms. The company is also involved in the development of properties; retail space rental; and provision of office buildings management services. The Erawan Group Public Company Limited was incorporated in 1982 and is headquartered in Bangkok, Thailand.
Erawan Dividend Announcement
• Erawan announced a annually dividend of ฿0.07 per ordinary share which will be made payable on . Ex dividend date: 2024-03-07
• Erawan annual dividend for 2024 was ฿0.07
• Erawan's trailing twelve-month (TTM) dividend yield is 1.72%
• Erawan's payout ratio for the trailing twelve months (TTM) is 28.40%
Erawan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-07 | ฿0.07 | annually | |
2020-03-06 | ฿0.04 | annually | 2020-04-24 |
2019-03-11 | ฿0.06 | annually | 2019-05-24 |
2018-03-12 | ฿0.06 | annually | 2018-05-25 |
2017-03-03 | ฿0.04 | annually | 2017-05-24 |
2016-03-04 | ฿0.03 | annually | |
2015-03-10 | ฿0.03 | annually | |
2014-03-10 | ฿0.10 | annually | |
2013-03-12 | ฿0.01 | annually | |
2012-03-12 | ฿0.05 | annually | |
2009-04-02 | ฿0.01 | annually | |
2008-03-28 | ฿0.04 | annually |
Erawan Dividend per year
Erawan Dividend growth
Erawan Dividend Yield
Erawan current trailing twelve-month (TTM) dividend yield is 1.72%. Interested in purchasing Erawan stock? Use our calculator to estimate your expected dividend yield:
Erawan Financial Ratios
Erawan Dividend FAQ
Other factors to consider when evaluating Erawan 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: Erawan'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, Erawan 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, Erawan 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 Erawan 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: Erawan 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, Erawan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Erawan 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 Erawan'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 Erawan'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.