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Precise Corporation Public Company Limited engages in the production and distribution of electricity from renewable energy in Thailand and internationally. The company is also involved in the production and distribution of electricity transmission equipment; project management; electrical system maintenance and electrical equipment repair works; and power utility management activities. It also engages in the construction of power stations, transmission lines, and high voltage substations. Further, the company designs software management system, and platform and information system for enterprises; and imports and exports electrical and mechanical equipment. In addition, it engages in the manufacture, distribution, testing, inspection, and maintenance of switchboard products. Precise Corporation Public Company Limited was formerly known as Precise Corporation Co., Ltd. and changed its name to Precise Corporation Public Company Limited in January 2018. The company was founded in 1983 and is headquartered in Bang Sue, Thailand.

Precise Dividend Announcement

• Precise announced a semi annually dividend of ฿0.07 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-13
• Precise annual dividend for 2024 was ฿0.21
• Precise annual dividend for 2023 was ฿0.20
• Precise's trailing twelve-month (TTM) dividend yield is 7.66%
• Precise's payout ratio for the trailing twelve months (TTM) is 70.56%

Precise Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-13฿0.07semi annually2024-11-29
2024-05-03฿0.14semi annually2024-05-28
2023-11-02฿0.06semi annually2023-11-20
2023-05-08฿0.14semi annually2023-05-26

Precise Dividend per year

Precise Dividend Yield

Precise current trailing twelve-month (TTM) dividend yield is 7.66%. Interested in purchasing Precise stock? Use our calculator to estimate your expected dividend yield:

Precise Financial Ratios

P/E ratio9.70
PEG ratio0.10
P/B ratio1.04
ROE10.88%
Payout ratio70.56%
Current ratio1.26
Quick ratio0.88
Cash Ratio0.09

Precise Dividend FAQ

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