MFEC Public Company Limited, together with its subsidiaries, provides system implementation and maintenance, and program development and related services in Thailand. The company operates through Systems Integration, Maintenance Service, IT Professional Service, and Cloud Computing Service segments. It offers database and big data solutions, application infrastructure, and analytic and business intelligent services; lending solutions, and data and endpoint security; technical operation and professional, various service packages, and cloud platform services; digital process automation, customer service and financial solutions, and enterprise content management; and system infrastructure, modernize datacenter, intelligent data protection, and digital workplace services. In addition, the company offers outsourcing and managed, installation and maintenance, Microsoft, and other product support services; and RPA support services, as well as sells computers and computer systems. Further, it is involved in the development and sale of computer software, which includes entertainment media; provision of electronic payment gateway services; sale and development of computer programs; acts as a consultant for designing the network systems and developing computer programs; consulting, monitoring, and development of blockchain platform and off-chain applications; provision of consulting and personnel recruitment services; designs working systems; and IT system maintenance services. MFEC Public Company Limited was founded in 1997 and is headquartered in Bangkok, Thailand.
MFEC Dividend Announcement
• MFEC announced a annually dividend of ฿0.40 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-04-30
• MFEC annual dividend for 2024 was ฿0.40
• MFEC annual dividend for 2023 was ฿0.40
• MFEC's trailing twelve-month (TTM) dividend yield is 6.5%
• MFEC's payout ratio for the trailing twelve months (TTM) is 115.90%
• MFEC's dividend growth over the last five years (2018-2023) was 9.86% year
• MFEC's dividend growth over the last ten years (2013-2023) was 1.94% year
MFEC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-30 | ฿0.40 | annually | 2024-05-17 |
2023-05-02 | ฿0.40 | annually | 2023-05-19 |
2022-05-03 | ฿0.40 | annually | 2022-05-20 |
2021-05-05 | ฿0.40 | annually | 2021-05-21 |
2020-04-30 | ฿0.35 | annually | 2020-05-20 |
2019-05-02 | ฿0.20 | annually | 2019-05-17 |
2018-05-03 | ฿0.25 | annually | 2018-05-18 |
2017-04-27 | ฿0.35 | annually | 2017-05-15 |
2016-05-03 | ฿0.33 | annually | |
2015-04-27 | ฿0.50 | annually | |
2014-04-28 | ฿0.45 | annually | |
2013-04-30 | ฿0.33 | annually |
MFEC Dividend per year
MFEC Dividend growth
MFEC Dividend Yield
MFEC current trailing twelve-month (TTM) dividend yield is 6.5%. Interested in purchasing MFEC stock? Use our calculator to estimate your expected dividend yield:
MFEC Financial Ratios
MFEC Dividend FAQ
Other factors to consider when evaluating MFEC 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: MFEC'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, MFEC 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, MFEC 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 MFEC 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: MFEC 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, MFEC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MFEC 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 MFEC'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 MFEC'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.