Right Tunnelling Public Company Limited engages in the provision of construction services, open and underground rock excavation, dam excavation, and other construction works in Thailand, Myanmar, the Lao People's Democratic Republic, and Cambodia. It is also involved in mineral exploration activities. The company was founded in 2000 and is based in Samut Prakan, Thailand.
Right Tunnelling Dividend Announcement
• Right Tunnelling announced a annually dividend of ฿0.01 per ordinary share which will be made payable on 2022-05-24. Ex dividend date: 2022-03-11
• Right Tunnelling's trailing twelve-month (TTM) dividend yield is -%
Right Tunnelling Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-03-11 | ฿0.01 | annually | 2022-05-24 |
| 2021-03-09 | ฿0.09 | annually | 2021-05-21 |
Right Tunnelling Dividend per year
Right Tunnelling Dividend Yield
Right Tunnelling current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Right Tunnelling stock? Use our calculator to estimate your expected dividend yield:
Right Tunnelling Financial Ratios
P/E ratio10.72
PEG ratio-0.04
P/B ratio0.52
ROE5.18%
Payout ratio0.00%
Current ratio1.08
Quick ratio1.00
Cash Ratio0.00
Right Tunnelling Dividend FAQ
Does Right Tunnelling stock pay dividends?
Right Tunnelling does not currently pay dividends to its shareholders.
Has Right Tunnelling ever paid a dividend?
No, Right Tunnelling has no a history of paying dividends to its shareholders. Right Tunnelling is not known for its dividend payments.
Why doesn't Right Tunnelling pay dividends?
There are several potential reasons why Right Tunnelling 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.
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 Right Tunnelling 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 Right Tunnelling 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 Right Tunnelling a dividend aristocrat?
Right Tunnelling 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 Right Tunnelling a dividend king?
Right Tunnelling 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 Right Tunnelling a dividend stock?
No, Right Tunnelling 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 Right Tunnelling stocks?
To buy Right Tunnelling 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 Right Tunnelling 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.
Place an order: Use the brokerage's trading platform to place an order to buy Right Tunnelling 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.