company-logo

Major Development Public Company Limited, together with its subsidiaries, engages in the development and sale of properties in Thailand. The company operates through three segments: Property Development, Hotel Business, and Rental and Service Business. It is also involved in hotel; office building space rental and service; real estate agency, representative, and advisory; condominium juristic person management; and high-end condominium development businesses. The company was founded in 1999 and is headquartered in Bangkok, Thailand.

Major Development Dividend Announcement

Major Development announced a semi annually dividend of ฿0.15 per ordinary share which will be made payable on . Ex dividend date: 2010-05-14
Major Development's trailing twelve-month (TTM) dividend yield is -%

Major Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-05-14฿0.15semi annually
2009-11-10฿0.15semi annually
2009-04-30฿0.15semi annually
2008-11-10฿0.15semi annually
2008-04-24฿0.25semi annually

Major Development Dividend per year

Major Development Dividend growth

Major Development Dividend Yield

Major Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Major Development stock? Use our calculator to estimate your expected dividend yield:

Major Development Financial Ratios

P/E ratio-2.62
PEG ratio0.18
P/B ratio0.21
ROE-7.79%
Payout ratio0.00%
Current ratio2.47
Quick ratio0.16
Cash Ratio0.05

Major Development Dividend FAQ

Does Major Development stock pay dividends?
Major Development does not currently pay dividends to its shareholders.
Has Major Development ever paid a dividend?
No, Major Development has no a history of paying dividends to its shareholders. Major Development is not known for its dividend payments.
Why doesn't Major Development pay dividends?
There are several potential reasons why Major Development 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.
Will Major Development 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 Major Development 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 Major Development a dividend aristocrat?
Major Development 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 Major Development a dividend king?
Major Development 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 Major Development a dividend stock?
No, Major Development 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 Major Development stocks?
To buy Major 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Major 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.