Lohakit Metal Public Company Limited, together with its subsidiaries, engages in processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. The company offers cold and hot rolled, austenitic, ferritic, and special stainless steel products; and ornamental tube, square and rectangular tube, automotive pipe, electro-galvanized steel, and galvanized steel products. It also distributes metal and non-ferrous metal products, as well as aluminum coil and sheet, copper coil, sheet, angle bar, rod bar, pipe, and zinc products; and provides cutting, drilling, and polishing services. It serves construction, automotive, food, petrochemical, electrical and electronic, and household appliances industries. The company also exports its products. The company was formerly known as Lohakit Metal Service Center Company Limited and changed its name to Lohakit Metal Public Company Limited on January 2, 2003. Lohakit Metal Public Company Limited was founded in 1989 and is headquartered in Phra Pradaeng, Thailand.
Lohakit Metal Dividend Announcement
• Lohakit Metal announced a semi annually dividend of ฿0.12 per ordinary share which will be made payable on 2024-12-11. Ex dividend date: 2024-11-27
• Lohakit Metal annual dividend for 2024 was ฿0.23
• Lohakit Metal annual dividend for 2023 was ฿0.23
• Lohakit Metal's trailing twelve-month (TTM) dividend yield is 6.12%
• Lohakit Metal's payout ratio for the trailing twelve months (TTM) is 184.83%
• Lohakit Metal's dividend growth over the last five years (2018-2023) was -12.17% year
• Lohakit Metal's dividend growth over the last ten years (2013-2023) was -0.42% year
Lohakit Metal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-27 | ฿0.12 | semi annually | 2024-12-11 |
2024-06-14 | ฿0.11 | semi annually | 2024-08-09 |
2023-11-27 | ฿0.14 | semi annually | 2023-12-08 |
2023-06-14 | ฿0.09 | semi annually | 2023-08-10 |
2022-11-25 | ฿0.19 | semi annually | 2022-12-09 |
2022-06-09 | ฿0.45 | semi annually | 2022-08-10 |
2021-11-25 | ฿0.20 | semi annually | 2021-12-09 |
2021-06-10 | ฿0.18 | semi annually | 2021-08-10 |
2020-11-25 | ฿0.12 | semi annually | 2020-12-09 |
2020-06-11 | ฿0.10 | semi annually | 2020-08-10 |
2019-11-25 | ฿0.12 | semi annually | 2019-12-09 |
2019-06-19 | ฿0.18 | semi annually | 2019-08-09 |
2018-11-22 | ฿0.19 | semi annually | 2018-12-07 |
2018-06-19 | ฿0.25 | semi annually | 2018-08-10 |
2017-11-20 | ฿0.20 | semi annually | 2017-12-06 |
2017-06-15 | ฿0.20 | semi annually | 2017-08-11 |
2016-11-24 | ฿0.14 | semi annually | |
2016-06-13 | ฿0.14 | semi annually | |
2015-11-27 | ฿0.10 | semi annually | |
2015-06-15 | ฿0.10 | semi annually | |
2014-11-24 | ฿0.11 | semi annually | |
2014-06-12 | ฿0.10 | semi annually | |
2013-11-25 | ฿0.12 | semi annually | |
2013-06-07 | ฿0.12 | semi annually |
Lohakit Metal Dividend per year
Lohakit Metal Dividend growth
Lohakit Metal Dividend Yield
Lohakit Metal current trailing twelve-month (TTM) dividend yield is 6.12%. Interested in purchasing Lohakit Metal stock? Use our calculator to estimate your expected dividend yield:
Lohakit Metal Financial Ratios
Lohakit Metal Dividend FAQ
Other factors to consider when evaluating Lohakit Metal 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: Lohakit Metal'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, Lohakit Metal 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, Lohakit Metal 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 Lohakit Metal 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: Lohakit Metal 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, Lohakit Metal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lohakit Metal 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 Lohakit Metal'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 Lohakit Metal'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.