Hwa Fong Rubber (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes tires and tubes in Thailand, rest of Asia, Europe, the United States, and internationally. The company operates in two segments, Sale of Goods and Services, and Investment. It offers tires and tubes for bicycles, motorcycles, and small logistics vehicles. The company markets its products under the DUNLOP, DURO, Q-UICK, and PREMIUM HFT trademarks. It is also involved in investing in bonds and securities; and the wholesale and retail trade of tires and tubes, and equipment. The company was founded in 1987 and is headquartered in Samutprakarn, Thailand. Hwa Fong Rubber (Thailand) Public Company Limited is a subsidiary of Hwa Fong Rubber Industries Company Limited.
Hwa Fong Rubber Dividend Announcement
• Hwa Fong Rubber announced a semi annually dividend of ฿0.28 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-21
• Hwa Fong Rubber annual dividend for 2024 was ฿0.58
• Hwa Fong Rubber annual dividend for 2023 was ฿0.38
• Hwa Fong Rubber's trailing twelve-month (TTM) dividend yield is 13.68%
• Hwa Fong Rubber's payout ratio for the trailing twelve months (TTM) is 140.30%
• Hwa Fong Rubber's dividend growth over the last five years (2018-2023) was 13.70% year
• Hwa Fong Rubber's dividend growth over the last ten years (2013-2023) was 16.86% year
Hwa Fong Rubber Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | ฿0.28 | semi annually | 2024-09-06 |
2024-03-06 | ฿0.30 | semi annually | |
2023-05-08 | ฿0.38 | semi annually | 2023-05-25 |
2022-05-05 | ฿0.42 | semi annually | 2022-05-25 |
2021-04-30 | ฿0.32 | semi annually | 2021-05-21 |
2021-03-18 | ฿0.30 | semi annually | |
2020-05-19 | ฿0.14 | semi annually | 2020-06-10 |
2019-05-03 | ฿0.15 | semi annually | 2019-05-24 |
2018-05-02 | ฿0.20 | semi annually | 2018-05-18 |
2017-04-28 | ฿0.10 | semi annually | 2017-05-19 |
2016-04-28 | ฿0.20 | semi annually | |
2015-04-29 | ฿0.15 | semi annually | |
2014-04-24 | ฿0.15 | semi annually | |
2013-05-03 | ฿0.08 | semi annually |
Hwa Fong Rubber Dividend per year
Hwa Fong Rubber Dividend growth
Hwa Fong Rubber Dividend Yield
Hwa Fong Rubber current trailing twelve-month (TTM) dividend yield is 13.68%. Interested in purchasing Hwa Fong Rubber stock? Use our calculator to estimate your expected dividend yield:
Hwa Fong Rubber Financial Ratios
Hwa Fong Rubber Dividend FAQ
Other factors to consider when evaluating Hwa Fong Rubber 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: Hwa Fong Rubber'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, Hwa Fong Rubber 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, Hwa Fong Rubber 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 Hwa Fong Rubber 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: Hwa Fong Rubber 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, Hwa Fong Rubber distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hwa Fong Rubber 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 Hwa Fong Rubber'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 Hwa Fong Rubber'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.