Grande Asset Hotels and Property Public Company Limited, together with its subsidiaries, engages in the hotel, property development, and rental businesses in Thailand. It also manufactures and distributes rubber gloves. The company was formerly known as Grande Asset Development Public Company Limited and changed its name to Grande Asset Hotels and Property Public Company Limited in February 2008. The company was incorporated in 1988 and is headquartered in Bangkok, Thailand.
Grande Asset Hotels and Property Dividend Announcement
• Grande Asset Hotels and Property announced a semi annually dividend of ฿1.00 per ordinary share which will be made payable on . Ex dividend date: 2021-05-11
• Grande Asset Hotels and Property's trailing twelve-month (TTM) dividend yield is -%
Grande Asset Hotels and Property Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-05-11 | ฿1.00 | semi annually | |
| 2019-04-29 | ฿0.05 | semi annually | |
| 2019-03-22 | ฿0.03 | semi annually | 2019-05-17 |
| 2018-03-22 | ฿0.00 | semi annually | 2018-05-15 |
| 2015-04-27 | ฿0.01 | semi annually |
Grande Asset Hotels and Property Dividend per year
Grande Asset Hotels and Property Dividend Yield
Grande Asset Hotels and Property current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Grande Asset Hotels and Property stock? Use our calculator to estimate your expected dividend yield:
Grande Asset Hotels and Property Financial Ratios
P/E ratio-1.27
PEG ratio0.22
P/B ratio0.42
ROE-24.98%
Payout ratio0.00%
Current ratio0.98
Quick ratio0.82
Cash Ratio0.10
Grande Asset Hotels and Property Dividend FAQ
Does Grande Asset Hotels and Property stock pay dividends?
Grande Asset Hotels and Property does not currently pay dividends to its shareholders.
Has Grande Asset Hotels and Property ever paid a dividend?
No, Grande Asset Hotels and Property has no a history of paying dividends to its shareholders. Grande Asset Hotels and Property is not known for its dividend payments.
Why doesn't Grande Asset Hotels and Property pay dividends?
There are several potential reasons why Grande Asset Hotels and Property 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.
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 Grande Asset Hotels and Property 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 Grande Asset Hotels and Property 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 Grande Asset Hotels and Property a dividend aristocrat?
Grande Asset Hotels and Property 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 Grande Asset Hotels and Property a dividend king?
Grande Asset Hotels and Property 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 Grande Asset Hotels and Property a dividend stock?
No, Grande Asset Hotels and Property 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 Grande Asset Hotels and Property stocks?
To buy Grande Asset Hotels and Property 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 Grande Asset Hotels and Property 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.
Place an order: Use the brokerage's trading platform to place an order to buy Grande Asset Hotels and Property 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.