POSCO-Thainox Public Company Limited produces, sells, and exports cold-rolled stainless steel products in Thailand and internationally. It offers austenitic and ferritic stainless steel products used as raw material in the production of automotive and transportation parts; electrical home appliances; kitchenware; food processing and medical equipment; heavy industry, energy, and environmental equipment; and architecture, building, and construction equipment. The company was formerly known as Thainox Stainless Public Company Limited and changed its name to POSCO-Thainox Public Company Limited in 2011. The company was founded in 1990 and is headquartered in Bangkok, Thailand. POSCO-Thainox Public Company Limited is a subsidiary of POSCO.
POSCO-Thainox Dividend Announcement
• POSCO-Thainox announced a annually dividend of ฿0.02 per ordinary share which will be made payable on 2023-05-19. Ex dividend date: 2023-02-23
• POSCO-Thainox annual dividend for 2023 was ฿0.02
• POSCO-Thainox's trailing twelve-month (TTM) dividend yield is -%
• POSCO-Thainox's payout ratio for the trailing twelve months (TTM) is 0.01%
POSCO-Thainox Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-02-23 | ฿0.02 | annually | 2023-05-19 |
2022-03-18 | ฿0.11 | annually | 2022-05-20 |
2019-03-04 | ฿0.06 | annually | 2019-05-17 |
2018-03-07 | ฿0.03 | annually | 2018-05-18 |
2017-03-27 | ฿0.05 | annually | 2017-05-18 |
2016-03-08 | ฿0.01 | annually | |
2011-04-01 | ฿0.02 | annually | |
2008-04-01 | ฿0.01 | annually | |
2006-11-23 | ฿0.15 | annually | |
2006-02-03 | ฿0.03 | annually | |
2005-03-31 | ฿0.10 | annually |
POSCO-Thainox Dividend per year
POSCO-Thainox Dividend growth
POSCO-Thainox Dividend Yield
POSCO-Thainox current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing POSCO-Thainox stock? Use our calculator to estimate your expected dividend yield:
POSCO-Thainox Financial Ratios
POSCO-Thainox Dividend FAQ
Other factors to consider when evaluating POSCO-Thainox 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: POSCO-Thainox'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, POSCO-Thainox 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, POSCO-Thainox 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 POSCO-Thainox 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: POSCO-Thainox 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, POSCO-Thainox distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: POSCO-Thainox 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 POSCO-Thainox'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 POSCO-Thainox'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.