The Navakij Insurance Public Company Limited provides non-life insurance products in Thailand. The company offers fire, marine and transportation, motor, and miscellaneous insurance products. It offers its products through 24 branches. The company was formerly known as Luang Lee Insurance Company Limited and changed its name to The Navakij Insurance Public Company Limited in 1985. The Navakij Insurance Public Company Limited was founded in 1933 and is headquartered in Bangkok, Thailand.
Navakij Insurance Dividend Announcement
• Navakij Insurance announced a annually dividend of ฿1.54 per ordinary share which will be made payable on . Ex dividend date: 2024-03-05
• Navakij Insurance annual dividend for 2024 was ฿1.54
• Navakij Insurance annual dividend for 2023 was ฿1.00
• Navakij Insurance's trailing twelve-month (TTM) dividend yield is 6.0%
• Navakij Insurance's payout ratio for the trailing twelve months (TTM) is 57.23%
• Navakij Insurance's dividend growth over the last five years (2018-2023) was -8.80% year
• Navakij Insurance's dividend growth over the last ten years (2013-2023) was -0.55% year
Navakij Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-05 | ฿1.54 | annually | |
2023-03-08 | ฿1.00 | annually | 2023-05-17 |
2022-03-08 | ฿1.58 | annually | 2022-05-20 |
2021-03-09 | ฿1.54 | annually | 2021-05-21 |
2020-03-09 | ฿1.36 | annually | 2020-05-11 |
2019-03-06 | ฿1.58 | annually | 2019-05-21 |
2018-03-08 | ฿1.58 | annually | 2018-05-18 |
2017-03-07 | ฿1.06 | annually | 2017-05-19 |
2016-03-04 | ฿2.11 | annually | |
2015-03-10 | ฿3.17 | annually | |
2014-03-04 | ฿3.17 | annually | |
2013-03-05 | ฿1.06 | annually |
Navakij Insurance Dividend per year
Navakij Insurance Dividend growth
Navakij Insurance Dividend Yield
Navakij Insurance current trailing twelve-month (TTM) dividend yield is 6.0%. Interested in purchasing Navakij Insurance stock? Use our calculator to estimate your expected dividend yield:
Navakij Insurance Financial Ratios
Navakij Insurance Dividend FAQ
Other factors to consider when evaluating Navakij Insurance 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: Navakij Insurance'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, Navakij Insurance 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, Navakij Insurance 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 Navakij Insurance 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: Navakij Insurance 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, Navakij Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Navakij Insurance 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 Navakij Insurance'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 Navakij Insurance'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.