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Planet Communications Asia Public Company Limited engages in the distribution, installation, maintenance, and service of telecommunication equipment in Thailand. The company operates through three segments: Products and Solution, Services, and Service Provider. It offers telecommunications products and services, such as wireless telecommunication, network infrastructure, unified communication, and digital broadcasting systems; digital products and services, such as information storage and cloud computing, internet of things, video/data analytics and AI, and telemedicine systems, as well as data centers; and infrastructure system and alternative energy products and services for water management, renewable energy, electric vehicle technology, and waste management. The company also designs, develops, and manufactures satellite mobile vehicles. In addition, it offers professional services comprising pre-sales, implementation and installation, and after sales services, as well as rental services for various modls and digital TV broading system devices. Further, the company provides PlanetFiber that provides high speed internet through fiber optic network; and PlanetCloud, a smart cloud office system. Additionally, it offers cyber security solutions comprising network security, transaction security, and fire wall; network infrastructure, such as wireless, satellite, radio, network, and security; smart office solutions, including telepresence, UC/IP PBX, IP CCTV, and data security solutions; and digital TV broadcasting solutions, such as digital television transmitters and TV signal broadcasting systems. It serves broadcasting, telecommunications service provider, commercial, public, and international sectors. The company was formerly known as Technology Gateway Asia Co., Ltd. and changed its name to Planet Communications Asia Public Company Limited in 1998. Planet Communications Asia Public Company Limited was incorporated in 1994 and is based in Bangkok, Thailand.

Planet Communications Asia Dividend Announcement

• Planet Communications Asia announced a annually dividend of ฿0.12 per ordinary share which will be made payable on . Ex dividend date: 2016-05-10
• Planet Communications Asia's trailing twelve-month (TTM) dividend yield is -%

Planet Communications Asia Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-05-10฿0.12annually
2015-05-11฿0.10annually

Planet Communications Asia Dividend per year

Planet Communications Asia Dividend Yield

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

Planet Communications Asia Financial Ratios

P/E ratio-4.74
PEG ratio-0.57
P/B ratio1.93
ROE-37.02%
Payout ratio0.00%
Current ratio0.71
Quick ratio0.59
Cash Ratio0.03

Planet Communications Asia Dividend FAQ

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