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Prime Road Power Public Company Limited engages in the generation and distribution of electricity from solar energy in Thailand and internationally. The company has a total installed capacity of 294.7 megawatts, including 132.3 megawatts in Thailand, 68.2 megawatts in Japan, 16.2 megawatts in Taiwan, and 78.0 megawatts in Cambodia. It serves industrial sectors, household businesses, government agencies, exports, and others. Prime Road Power Public Company Limited was founded in 1999 and is based in Bangkok, Thailand.

Prime Road Power Dividend Announcement

Prime Road Power announced a annually dividend of ฿0.16 per ordinary share which will be made payable on . Ex dividend date: 2005-05-18
Prime Road Power's trailing twelve-month (TTM) dividend yield is -%

Prime Road Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2005-05-18฿0.16annually

Prime Road Power Dividend per year

Prime Road Power Dividend Yield

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

Prime Road Power Financial Ratios

P/E ratio-0.94
PEG ratio-0.02
P/B ratio0.42
ROE-40.37%
Payout ratio0.00%
Current ratio0.48
Quick ratio0.44
Cash Ratio0.08

Prime Road Power Dividend FAQ

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