Panjawattana Plastic Public Company Limited, together with its subsidiaries, produces and supplies plastic containers and closures, and automotive plastic parts in Thailand and internationally. It operates through Plant - Samuthsakhon, Plant - Chonburi, Plant - Bangkok, Plant - Tianjin (China), Plant - Jiangsu (China), and Business Trading segments. The company's plastic packaging products are used for containing lubricants, fresh milk and yoghurt milk, consumer products, farm chemicals and automotive parts. It also trades in lid and plastic resins; and provides service to check the amount/standards of various goods and inspect measurement tools. The company was incorporated in 1987 and is headquartered in Bangkok, Thailand.
Panjawattana Plastic Dividend Announcement
• Panjawattana Plastic announced a semi annually dividend of ฿0.06 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-04-29
• Panjawattana Plastic annual dividend for 2024 was ฿0.12
• Panjawattana Plastic annual dividend for 2023 was ฿0.05
• Panjawattana Plastic's trailing twelve-month (TTM) dividend yield is 4.72%
• Panjawattana Plastic's payout ratio for the trailing twelve months (TTM) is 57.49%
Panjawattana Plastic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | ฿0.06 | semi annually | 2024-05-17 |
2024-01-30 | ฿0.06 | semi annually | 2024-02-14 |
2023-04-19 | ฿0.05 | semi annually | 2023-05-03 |
2022-10-10 | ฿0.00 | semi annually | 2022-10-27 |
2022-04-18 | ฿0.08 | semi annually | 2022-05-05 |
2021-11-29 | ฿0.08 | semi annually | 2021-12-09 |
2021-04-12 | ฿0.12 | semi annually | 2021-04-30 |
2020-04-30 | ฿0.07 | semi annually | 2020-05-18 |
2019-01-22 | ฿0.08 | semi annually | 2019-02-07 |
2017-05-08 | ฿0.13 | semi annually | 2017-05-24 |
2016-04-28 | ฿0.10 | semi annually | |
2015-04-29 | ฿0.02 | semi annually | |
2014-04-30 | ฿0.10 | semi annually | |
2013-04-12 | ฿0.15 | semi annually | |
2012-05-08 | ฿0.10 | semi annually |
Panjawattana Plastic Dividend per year
Panjawattana Plastic Dividend growth
Panjawattana Plastic Dividend Yield
Panjawattana Plastic current trailing twelve-month (TTM) dividend yield is 4.72%. Interested in purchasing Panjawattana Plastic stock? Use our calculator to estimate your expected dividend yield:
Panjawattana Plastic Financial Ratios
Panjawattana Plastic Dividend FAQ
Other factors to consider when evaluating Panjawattana Plastic 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: Panjawattana Plastic'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, Panjawattana Plastic 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, Panjawattana Plastic 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 Panjawattana Plastic 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: Panjawattana Plastic 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, Panjawattana Plastic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Panjawattana Plastic 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 Panjawattana Plastic'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 Panjawattana Plastic'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.