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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 1.48%
Gulf Energy Development's payout ratio for the trailing twelve months (TTM) is 63.10%
Gulf Energy Development's dividend growth over the last five years (2018-2023) was 8.69% year

Gulf Energy Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-02-28฿0.88annually
2023-03-01฿0.60annually2023-04-27
2022-03-04฿0.44annually2022-04-28
2021-03-05฿0.38annually2021-04-28
2020-03-05฿1.29annually2020-04-28
2019-05-02฿1.19annually2019-05-21
2018-05-02฿0.40annually2018-05-14

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 1.48%. Interested in purchasing Gulf Energy Development stock? Use our calculator to estimate your expected dividend yield:

Gulf Energy Development Financial Ratios

P/E ratio42.67
PEG ratio0.98
P/B ratio6.04
ROE13.95%
Payout ratio63.10%
Current ratio0.99
Quick ratio0.95
Cash Ratio0.50

Gulf Energy Development Dividend FAQ

How much is the next Gulf Energy Development dividend?
Gulf Energy Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gulf Energy Development dividend. The next Gulf Energy Development dividend will be released in March.
When is Gulf Energy Development dividend paid?
Gulf Energy Development pays dividends on a annually basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Gulf Energy Development pay?
The specific amount of Gulf Energy Development dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gulf Energy Development's dividend history.
Does Gulf Energy Development stock pay dividends?
Yes, Gulf Energy Development does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gulf Energy Development's dividend history.
How much dividend does Gulf Energy Development pay?
Gulf Energy Development paid ฿0.88 in 2024, ฿0.6 in 2023, ฿0.44 in 2022, ฿0.38 in 2021, and ฿1.285 in 2020.
How often does Gulf Energy Development pay dividends?
Gulf Energy Development typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is Gulf Energy Development's dividend yield?
The current dividend yield for Gulf Energy Development is 1.48%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Gulf Energy Development's exact dividend yield.
When does Gulf Energy Development go ex dividend?
Gulf Energy Development's ex-dividend date for the latest dividend was on 2024-02-28. Gulf Energy Development typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Gulf Energy Development dividend paid?
Gulf Energy Development pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Gulf Energy Development increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Gulf Energy Development will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Gulf Energy Development dividend per share?
Gulf Energy Development paid ฿0.88 per share in 2024 and ฿0.6 per share in 2023. The amount of dividend per share that Gulf Energy Development pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Gulf Energy Development a dividend aristocrat?
No, 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 Gulf Energy Development a dividend king?
No, 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 Gulf Energy Development a dividend stock?
Yes, Gulf Energy Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gulf Energy Development a good dividend stock?
Whether Gulf Energy Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gulf Energy Development has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Gulf Energy Development pay dividends monthly?
Gulf Energy Development typically pays dividends on a annually basis.
Does Gulf Energy Development pay dividends quarterly?
Gulf Energy Development currently pays dividends on a annually basis.
Has Gulf Energy Development ever paid a dividend?
Yes, Gulf Energy Development has a history of paying dividends to its shareholders. Gulf Energy Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gulf Energy Development dividend stocks?
To buy Gulf Energy Development 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Gulf Energy Development 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.
When does Gulf Energy Development pay dividends 2024?
Gulf Energy Development pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Gulf Energy Development increase its dividend in 2024?
Decisions regarding Gulf Energy Development dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Gulf Energy Development dividend overview you can look into the above table of dividend history.
How Gulf Energy Development dividend works?
The Gulf Energy Development dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Gulf Energy Development's dividend process works:

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.
How are Gulf Energy Development dividends paid?
Gulf Energy Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Gulf Energy Development pay dividends?
Gulf Energy Development typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Gulf Energy Development pay dividends?
The general pattern is that Gulf Energy Development pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gulf Energy Development dividend safe?
The safety of Gulf Energy Development's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.