Gulf Energy Development Public Company Limited produces and sells electricity, steam, and chilled water to public and private clients in Thailand and internationally. It operates through three segments: Power Business, Consulting Business, and Infrastructure Business. The company generates electricity through gas-fired, solar, and wind power projects under the independent power producers, small power producers, and very small power producer programs. As of December 31, 2021, it had a total installed power capacity of 7,875 megawatts. The company also undertakes infrastructure projects; produces and distributes electricity from biomass; and provides natural gas distribution services; and invests in digital infrastructure and digital-related services business. In addition, it engages in the provision of services related to the operation and maintenance, as well as engineering services of the power plants; solar energy solutions and maintenance services; and infrastructure construction services of liquefied natural gas receiving terminal, including storage of liquefied natural gas and regasification facilities. Further, the company is involved in general trading activities; securities investment business; and the provision of managerial, financial, technical, and research and other services. Gulf Energy Development Public Company Limited was founded in 2007 and is headquartered in Bangkok, Thailand.
Gulf Energy Development Dividend Announcement
• Gulf Energy Development announced a annually dividend of ฿0.88 per ordinary share which will be made payable on . Ex dividend date: 2024-02-28
• Gulf Energy Development annual dividend for 2024 was ฿0.88
• Gulf Energy Development annual dividend for 2023 was ฿0.60
• Gulf Energy Development's trailing twelve-month (TTM) dividend yield is 1.37%
• Gulf Energy Development's payout ratio for the trailing twelve months (TTM) is 54.25%
• Gulf Energy Development's dividend growth over the last five years (2018-2023) was 8.69% year
Gulf Energy Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-28 | ฿0.88 | annually | |
2023-03-01 | ฿0.60 | annually | 2023-04-27 |
2022-03-04 | ฿0.44 | annually | 2022-04-28 |
2021-03-05 | ฿0.38 | annually | 2021-04-28 |
2020-03-05 | ฿1.29 | annually | 2020-04-28 |
2019-05-02 | ฿1.19 | annually | 2019-05-21 |
2018-05-02 | ฿0.40 | annually | 2018-05-14 |
Gulf Energy Development Dividend per year
Gulf Energy Development Dividend growth
Gulf Energy Development Dividend Yield
Gulf Energy Development current trailing twelve-month (TTM) dividend yield is 1.37%. Interested in purchasing Gulf Energy Development stock? Use our calculator to estimate your expected dividend yield:
Gulf Energy Development Financial Ratios
Gulf Energy Development Dividend FAQ
Other factors to consider when evaluating Gulf Energy Development 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: Gulf Energy Development'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, Gulf Energy Development 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, Gulf Energy Development 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 Gulf Energy Development 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: Gulf Energy Development 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, Gulf Energy Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gulf Energy Development 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 Gulf Energy Development'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 Gulf Energy Development'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.