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President Automobile Industries Public Company Limited produces and distributes automotive air conditioning components in Thailand, the Middle East, South East Asia, South Asia, North America, South America, Europe, and internationally. The company offers condensers, evaporators, refrigerants, compressors, intercoolers, oil coolers, air conditioning electrical parts, and other accessories. President Automobile Industries Public Company Limited was founded in 1991 and is headquartered in Krathum Baen, Thailand.

President Automobile Industries Dividend Announcement

President Automobile Industries announced a semi annually dividend of ฿0.05 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-16
President Automobile Industries annual dividend for 2024 was ฿0.09
President Automobile Industries's trailing twelve-month (TTM) dividend yield is 6.21%
President Automobile Industries's payout ratio for the trailing twelve months (TTM) is 29.12%

President Automobile Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-16฿0.05semi annually2024-09-04
2024-04-22฿0.04semi annually2024-05-07
2022-05-05฿0.05semi annually2022-05-20
2021-08-23฿0.03semi annually2021-09-09

President Automobile Industries Dividend per year

President Automobile Industries Dividend Yield

President Automobile Industries current trailing twelve-month (TTM) dividend yield is 6.21%. Interested in purchasing President Automobile Industries stock? Use our calculator to estimate your expected dividend yield:

President Automobile Industries Financial Ratios

P/E ratio10.57
PEG ratio1.90
P/B ratio1.37
ROE13.35%
Payout ratio29.12%
Current ratio4.21
Quick ratio2.13
Cash Ratio0.85

President Automobile Industries Dividend FAQ

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