Grand Canal Land Public Company Limited develops real estate properties in Thailand. It operates through two segments, Real Estate for Sale Business, and Real Estate for Rental and Service Business. The Real Estate for Sale Business segment develops land and house, and residential condominium projects. The Real Estate for Rental and Service Business segment rents office buildings. Grand Canal Land Public Company Limited also operates hotels; and acts as an investment manager. The company was formerly known as Media of Medias Public Company Limited and changed its name to Grand Canal Land Public Company Limited in May 2010. The company was incorporated in 1985 and is headquartered in Bangkok, Thailand. Grand Canal Land Public Company Limited is a subsidiary of CPN Pattaya Company Limited.
Grand Canal Land Dividend Announcement
• Grand Canal Land announced a annually dividend of ฿0.03 per ordinary share which will be made payable on . Ex dividend date: 2024-02-28
• Grand Canal Land annual dividend for 2024 was ฿0.03
• Grand Canal Land's trailing twelve-month (TTM) dividend yield is 1.6%
• Grand Canal Land's payout ratio for the trailing twelve months (TTM) is 37.62%
Grand Canal Land Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-28 | ฿0.03 | annually | |
2018-03-29 | ฿0.10 | annually | 2018-05-21 |
2017-03-23 | ฿0.10 | annually | 2017-05-22 |
2016-03-08 | ฿0.20 | annually | |
2015-08-25 | ฿0.05 | annually | |
2015-03-24 | ฿0.07 | annually | |
2014-03-27 | ฿0.04 | annually | |
2012-03-28 | ฿0.03 | annually | |
2011-03-25 | ฿0.00 | annually | |
2010-04-02 | ฿0.12 | annually | |
2009-03-24 | ฿0.30 | annually | |
2008-04-02 | ฿0.25 | annually | |
2007-04-03 | ฿0.25 | annually |
Grand Canal Land Dividend per year
Grand Canal Land Dividend growth
Grand Canal Land Dividend Yield
Grand Canal Land current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Grand Canal Land stock? Use our calculator to estimate your expected dividend yield:
Grand Canal Land Financial Ratios
Grand Canal Land Dividend FAQ
Other factors to consider when evaluating Grand Canal Land 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: Grand Canal Land'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, Grand Canal Land 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, Grand Canal Land 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 Grand Canal Land 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: Grand Canal Land 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, Grand Canal Land distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grand Canal Land 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 Grand Canal Land'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 Grand Canal Land'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.