Table of Contents

company-logo

Mida Assets Public Company Limited engages in the sale and hire-purchase of electronic home appliances and motorcycles in Thailand. It offers products on hire purchase, such as televisions, DVD players, air conditioners, home theatre sets, refrigerators, washing machines, electric fans, etc. The company also develops real estate properties; operates hotels; rents golf courses; and provides real estate agency services. In addition, it offers advertising services; public relation and events organizing services; financial services for used cars; and security guard services. Further, the company offers asset management services. The company was formerly known as Nakornpathom Mida 1991 and changed its name to Mida Assets Public Company Limited in 1997. Mida Assets Public Company Limited was founded in 1991 and is based in Bangkok, Thailand.

Mida Assets Dividend Announcement

• Mida Assets announced a annually dividend of ฿0.01 per ordinary share which will be made payable on . Ex dividend date: 2015-03-18
• Mida Assets's trailing twelve-month (TTM) dividend yield is -%

Mida Assets Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-03-18฿0.01annually
2014-04-22฿0.01annually
2005-03-11฿0.28annually
2004-03-04฿0.35annually

Mida Assets Dividend per year

Mida Assets Dividend growth

Mida Assets Dividend Yield

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

Mida Assets Financial Ratios

P/E ratio66.80
PEG ratio2.14
P/B ratio0.30
ROE0.43%
Payout ratio0.00%
Current ratio0.91
Quick ratio0.87
Cash Ratio0.03

Mida Assets Dividend FAQ

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