The Practical Solution Public Company Limited engages in the provision of solutions for information technology systems. The Company offers system integration services, including consulting, design, procurement, installation, and distribution of products and equipment for computer network infrastructure, wireless LAN, cyber and network security, unified communication, data center, and network management system solutions. It also provides system maintenance services comprising preventive and collective maintenance, and warranty services, as well as cabling services, onsite maintenance and repair services, and software system design and development services. In addition, the company is also involved in distribution third-party products by operating as a business partner with product owners comprising Cisco, NetApp, Palo Alto Networks, Symantec, VMware, Fortinet, etc. It serves telecommunications, automotive, oil and refinery, cement, hospitals, financial institutions, educational institutions, and logistics industries. The company was founded in 2004 and is headquartered in Bangkok, Thailand.
Practical Solution Dividend Announcement
• Practical Solution announced a annually dividend of ฿0.18 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-04-26
• Practical Solution annual dividend for 2024 was ฿0.18
• Practical Solution annual dividend for 2023 was ฿0.10
• Practical Solution's trailing twelve-month (TTM) dividend yield is 6.25%
• Practical Solution's payout ratio for the trailing twelve months (TTM) is 63.95%
Practical Solution Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-26 | ฿0.18 | annually | 2024-05-15 |
2023-05-08 | ฿0.10 | annually | 2023-05-23 |
2022-04-19 | ฿0.08 | annually | 2022-05-06 |
2021-04-05 | ฿0.05 | annually | 2021-04-26 |
2020-05-08 | ฿0.24 | annually | |
2020-04-30 | ฿0.20 | annually | 2020-05-15 |
Practical Solution Dividend per year
Practical Solution Dividend growth
Practical Solution Dividend Yield
Practical Solution current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing Practical Solution stock? Use our calculator to estimate your expected dividend yield:
Practical Solution Financial Ratios
Practical Solution Dividend FAQ
Other factors to consider when evaluating Practical Solution 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: Practical Solution'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, Practical Solution 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, Practical Solution 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 Practical Solution 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: Practical Solution 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, Practical Solution distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Practical Solution 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 Practical Solution'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 Practical Solution'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.