Grand Prix International Public Company Limited operates automotive-related exhibitions in Thailand and internationally. The company organizes events, such as motor sport, quarter mile, off road car, and motorcycle racing activities; and automotive testing, Caravan rally, and safe driving exercise services. It also publishes and distributes auto-related print media, such as Grand Prix, off road, Motorcycle, and XO Autosport magazines, as well as YuadYan newspaper, life style magazine, and Garage Life; and offers broader and digital media services. In addition, the company provides printing services to enterprise customers in various industries, such as fashion, textile, food, real estate, tourism, automobile industries, government, direct sale, etc. Further, it provides advertising media services in printing, television, and website. Additionally, the company produces and distributes books; and invests in power plant business. Grand Prix International Public Company Limited was founded in 1970 and is headquartered in Bangkok, Thailand.
Grand Prix International Dividend Announcement
• Grand Prix International announced a semi annually dividend of ฿0.10 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-26
• Grand Prix International annual dividend for 2024 was ฿0.15
• Grand Prix International annual dividend for 2023 was ฿0.11
• Grand Prix International's trailing twelve-month (TTM) dividend yield is 9.39%
• Grand Prix International's payout ratio for the trailing twelve months (TTM) is 62.34%
• Grand Prix International's dividend growth over the last five years (2018-2023) was -6.89% year
Grand Prix International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-26 | ฿0.10 | semi annually | 2024-09-06 |
2024-04-05 | ฿0.06 | semi annually | |
2023-08-23 | ฿0.07 | semi annually | 2023-09-08 |
2023-04-07 | ฿0.04 | semi annually | 2023-04-27 |
2022-08-23 | ฿0.05 | semi annually | 2022-09-08 |
2022-04-07 | ฿0.03 | semi annually | 2022-04-27 |
2021-08-25 | ฿0.03 | semi annually | 2021-09-10 |
2021-04-07 | ฿0.05 | semi annually | 2021-04-27 |
2020-11-25 | ฿0.03 | semi annually | 2020-12-09 |
2020-04-08 | ฿0.08 | semi annually | 2020-04-24 |
2019-08-22 | ฿0.10 | semi annually | 2019-09-06 |
2019-04-04 | ฿0.09 | semi annually | 2019-04-19 |
2018-05-24 | ฿0.15 | semi annually | 2018-06-07 |
Grand Prix International Dividend per year
Grand Prix International Dividend growth
Grand Prix International Dividend Yield
Grand Prix International current trailing twelve-month (TTM) dividend yield is 9.39%. Interested in purchasing Grand Prix International stock? Use our calculator to estimate your expected dividend yield:
Grand Prix International Financial Ratios
Grand Prix International Dividend FAQ
Other factors to consider when evaluating Grand Prix International 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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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.
1. Determination of Dividend: Grand Prix International'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 Prix International 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 Prix International 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 Prix International 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 Prix International 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 Prix International 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 Prix International 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 Prix International'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 Prix International'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.