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Prima Marine Public Company Limited engages in the marine transportation of petroleum products and accommodation work barges in Thailand and Singapore. The company engages in the transportation and storage of crude oil, petroleum products, semi-petroleum products, and liquefied petroleum products; transportation of chemical products; and provision of oil tankers, floating storage and offloading units, and anchor handling tugs to support offshore petroleum exploration and production. It also offers recruitment and ship management services. The company was incorporated in 2007 and is headquartered in Bangkok, Thailand. Prima Marine Public Company Limited is a subsidiary of Nathalin Co., Ltd.

Prima Marine Dividend Announcement

Prima Marine announced a semi annually dividend of ฿0.24 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-09
Prima Marine annual dividend for 2024 was ฿0.50
Prima Marine annual dividend for 2023 was ฿0.35
Prima Marine's trailing twelve-month (TTM) dividend yield is 6.7%
Prima Marine's payout ratio for the trailing twelve months (TTM) is 37.82%
Prima Marine's dividend growth over the last five years (2018-2023) was 28.47% year

Prima Marine Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-09฿0.24semi annually2024-10-25
2024-05-07฿0.26semi annually2024-05-24
2023-11-27฿0.10semi annually2023-12-14
2023-05-03฿0.25semi annually2023-05-26
2022-11-24฿0.09semi annually2022-12-09
2022-05-06฿0.18semi annually2022-05-25
2021-11-24฿0.08semi annually2021-12-09
2021-04-30฿0.18semi annually2021-05-20
2020-11-26฿0.07semi annually2020-12-09
2020-04-30฿0.14semi annually2020-05-21
2019-11-27฿0.06semi annually2019-12-12
2019-04-26฿0.14semi annually2019-05-15
2018-05-03฿0.10semi annually2018-05-24

Prima Marine Dividend per year

Prima Marine Dividend growth

Prima Marine Dividend Yield

Prima Marine current trailing twelve-month (TTM) dividend yield is 6.7%. Interested in purchasing Prima Marine stock? Use our calculator to estimate your expected dividend yield:

Prima Marine Financial Ratios

P/E ratio9.33
PEG ratio0.12
P/B ratio1.89
ROE19.85%
Payout ratio37.82%
Current ratio1.47
Quick ratio1.41
Cash Ratio1.05

Prima Marine Dividend FAQ

How much is the next Prima Marine dividend?
Prima Marine's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Prima Marine dividend. The next Prima Marine dividend will be released in May, or November.
When is Prima Marine dividend paid?
Prima Marine pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Prima Marine pay?
The specific amount of Prima Marine dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Prima Marine's dividend history.
Does Prima Marine stock pay dividends?
Yes, Prima Marine does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Prima Marine's dividend history.
How much dividend does Prima Marine pay?
Prima Marine paid ฿0.5 in 2024, ฿0.35 in 2023, ฿0.27 in 2022, ฿0.26 in 2021, and ฿0.21 in 2020.
How often does Prima Marine pay dividends?
Prima Marine typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and November.
What is Prima Marine's dividend yield?
The current dividend yield for Prima Marine is 6.7%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Prima Marine's exact dividend yield.
When does Prima Marine go ex dividend?
Prima Marine's ex-dividend date for the latest dividend was on 2024-10-09. Prima Marine typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Prima Marine dividend paid?
Prima Marine pays dividends on a semi annually basis, typically around May, or November, but the exact dates can vary each year.
Will Prima Marine increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Prima Marine will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Prima Marine dividend per share?
Prima Marine paid ฿0.5 per share in 2024 and ฿0.35 per share in 2023. The amount of dividend per share that Prima Marine pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Prima Marine a dividend aristocrat?
No, 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 Prima Marine a dividend king?
No, 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 Prima Marine a dividend stock?
Yes, Prima Marine is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Prima Marine a good dividend stock?
Whether Prima Marine is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Prima Marine has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Prima Marine 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.
Does Prima Marine pay dividends monthly?
Prima Marine typically pays dividends on a semi annually basis.
Does Prima Marine pay dividends quarterly?
Prima Marine currently pays dividends on a semi annually basis.
Has Prima Marine ever paid a dividend?
Yes, Prima Marine has a history of paying dividends to its shareholders. Prima Marine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Prima Marine dividend stocks?
To buy Prima Marine 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Prima Marine 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.
When does Prima Marine pay dividends 2024?
Prima Marine pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Prima Marine increase its dividend in 2024?
Decisions regarding Prima Marine dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Prima Marine dividend overview you can look into the above table of dividend history.
How Prima Marine dividend works?
The Prima Marine dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Prima Marine's dividend process works:

1. Determination of Dividend: Prima Marine'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, Prima Marine 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, Prima Marine 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 Prima Marine 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.
How are Prima Marine dividends paid?
Prima Marine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Prima Marine 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, Prima Marine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Prima Marine 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.
How many times does Prima Marine pay dividends?
Prima Marine typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Prima Marine pay dividends?
The general pattern is that Prima Marine pays dividends around May, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Prima Marine dividend safe?
The safety of Prima Marine's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Prima Marine'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 Prima Marine'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.