Sahamit Machinery Public Company Limited imports and distributes materials, machinery, and appliances for industries in Thailand. The company operates through three segments: Steel & Heat Treatment, Machine Tools & Tooling, and Others. It provides special steels for making molds, including hot work tool steel for aluminum extrusion and die-casting; cold work tool steel for blanking and punching tools, shear blades, automobiles, and electronic appliances; high speed steel for end mill cutters, twist drills, and wood-working tools; and plastic mold steel for PVC pipes, melamine kitchenware, and screw parts in the plastic injection machines. The company also offers CNC EDM, wire cutting, high speed machining center, and measuring machines; and tooling and general machine tools, including carbide cutting tools, digital readouts, measuring equipment, milling machines, surface grinding machines, and automatic band sawing machines, as well as spare parts. In addition, it provides pulp and paper products, machinery, accessories, forming fabric felts, canvass, refiner plates, chemicals, etc. for pulp and paper industry; and offers paper converting services. Further, the company distributes a range of electrotechnical products and services, including electrical measuring instruments, batteries, antennas, cores, potentiometers, power capacitors, radio interference suppression components, and switchgears, as well as offers electrical engineering services; and aluminum alloys. Additionally, it provides wood processing machinery and equipment, as well as heat treatment services; and chipper, flaker, circular, and straight knives. Sahamit Machinery Public Company Limited was incorporated in 1973 and is headquartered in Bangkok, Thailand.
Sahamit Machinery Dividend Announcement
• Sahamit Machinery announced a semi annually dividend of ฿0.10 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-22
• Sahamit Machinery annual dividend for 2024 was ฿0.24
• Sahamit Machinery annual dividend for 2023 was ฿0.30
• Sahamit Machinery's trailing twelve-month (TTM) dividend yield is 6.03%
• Sahamit Machinery's payout ratio for the trailing twelve months (TTM) is 103.75%
• Sahamit Machinery's dividend growth over the last five years (2018-2023) was -3.58% year
• Sahamit Machinery's dividend growth over the last ten years (2013-2023) was 0.69% year
Sahamit Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | ฿0.10 | semi annually | 2024-09-06 |
2024-05-09 | ฿0.14 | semi annually | 2024-05-24 |
2023-08-24 | ฿0.10 | semi annually | 2023-09-08 |
2023-05-10 | ฿0.20 | semi annually | 2023-05-26 |
2022-08-26 | ฿0.14 | semi annually | 2022-09-09 |
2022-05-11 | ฿0.22 | semi annually | 2022-05-27 |
2021-08-26 | ฿0.14 | semi annually | 2021-09-10 |
2021-05-12 | ฿0.16 | semi annually | 2021-05-28 |
2020-08-27 | ฿0.10 | semi annually | 2020-09-11 |
2020-05-13 | ฿0.20 | semi annually | |
2020-05-05 | ฿0.20 | semi annually | 2020-05-20 |
2019-08-22 | ฿0.12 | semi annually | 2019-09-06 |
2019-05-08 | ฿0.22 | semi annually | 2019-05-24 |
2018-08-22 | ฿0.14 | semi annually | 2018-09-07 |
2018-05-09 | ฿0.22 | semi annually | 2018-05-25 |
2017-08-23 | ฿0.14 | semi annually | 2017-09-08 |
2017-05-08 | ฿0.18 | semi annually | 2017-05-26 |
2016-08-26 | ฿0.12 | semi annually | |
2016-05-04 | ฿0.14 | semi annually | |
2015-08-26 | ฿0.12 | semi annually | |
2015-05-06 | ฿0.12 | semi annually | |
2014-08-20 | ฿0.10 | semi annually | |
2014-05-06 | ฿0.16 | semi annually | |
2013-08-21 | ฿0.10 | semi annually | |
2013-05-03 | ฿0.18 | semi annually |
Sahamit Machinery Dividend per year
Sahamit Machinery Dividend growth
Sahamit Machinery Dividend Yield
Sahamit Machinery current trailing twelve-month (TTM) dividend yield is 6.03%. Interested in purchasing Sahamit Machinery stock? Use our calculator to estimate your expected dividend yield:
Sahamit Machinery Financial Ratios
Sahamit Machinery Dividend FAQ
Other factors to consider when evaluating Sahamit Machinery 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.
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1. Determination of Dividend: Sahamit Machinery'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, Sahamit Machinery 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, Sahamit Machinery 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 Sahamit Machinery 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.
1. Record Date: Sahamit Machinery 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, Sahamit Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sahamit Machinery 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.
To assess the safety of Sahamit Machinery'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 Sahamit Machinery'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.