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Polynet Public Company Limited produces and sells rubber, plastic, and silicone related products in Thailand, Japan, and European countries. The company offers rubber and plastic products for the automotive, medical, food and beverages, electrical appliances, lighting, pet products, and sports equipment industries. It also research, develops, mold, design, mold, as well as manufactures plastic molding solutions. Polynet Public Company Limited was founded in 1999 and is headquartered in Bang Sao Thong, Thailand.

Polynet Dividend Announcement

Polynet announced a quarterly dividend of ฿0.20 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-27
Polynet annual dividend for 2024 was ฿0.70
Polynet annual dividend for 2023 was ฿0.17
Polynet's trailing twelve-month (TTM) dividend yield is 8.09%
Polynet's payout ratio for the trailing twelve months (TTM) is 75.79%

Polynet Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-27฿0.20quarterly2024-09-12
2024-03-13฿0.21quarterly2024-04-17
2024-03-07฿0.29quarterly2024-04-17
2023-08-23฿0.09quarterly2023-09-08
2023-04-27฿0.08quarterly2023-05-19

Polynet Dividend per year

Polynet Dividend Yield

Polynet current trailing twelve-month (TTM) dividend yield is 8.09%. Interested in purchasing Polynet stock? Use our calculator to estimate your expected dividend yield:

Polynet Financial Ratios

P/E ratio17.25
PEG ratio0.69
P/B ratio3.08
ROE18.08%
Payout ratio75.79%
Current ratio3.52
Quick ratio3.06
Cash Ratio1.33

Polynet Dividend FAQ

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