Sahamitr Pressure Container Public Company Limited manufactures and sells LPG and other pressure cylinders in Asia, Africa, the United States, and internationally. It offers LPG cylinders; automotive LPG cylinders; methyl bromide cylinders, refrigerant cylinders, chlorine cylinders, sulfur dioxide, ammonia cylinders, lubricant cylinders, and propane cylinders for forklifts, as well as air receivers-automotive components; and parts and components, such as collars, footrings, spuds/bungs, and cylinder caps. The company also provides container repairs and quality testing services; and reconditioning services for damaged cylinders, paint coatings, and valve replacements. It sells its products under SMPC name. The company also exports its products. Sahamitr Pressure Container Public Company Limited was founded in 1981 and is based in Bangkok, Thailand.
Sahamitr Pressure Container Dividend Announcement
• Sahamitr Pressure Container announced a semi annually dividend of ฿0.40 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-21
• Sahamitr Pressure Container annual dividend for 2024 was ฿0.61
• Sahamitr Pressure Container annual dividend for 2023 was ฿0.61
• Sahamitr Pressure Container's trailing twelve-month (TTM) dividend yield is 6.19%
• Sahamitr Pressure Container's payout ratio for the trailing twelve months (TTM) is 41.62%
• Sahamitr Pressure Container's dividend growth over the last five years (2018-2023) was -1.26% year
Sahamitr Pressure Container Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | ฿0.40 | semi annually | 2024-09-06 |
2024-04-04 | ฿0.21 | semi annually | |
2023-08-23 | ฿0.21 | semi annually | 2023-09-08 |
2023-04-07 | ฿0.40 | semi annually | 2023-04-28 |
2022-08-23 | ฿0.60 | semi annually | 2022-09-09 |
2022-04-07 | ฿0.47 | semi annually | 2022-04-29 |
2021-08-23 | ฿0.35 | semi annually | 2021-09-09 |
2021-04-07 | ฿0.43 | semi annually | 2021-04-30 |
2020-08-21 | ฿0.37 | semi annually | 2020-09-09 |
2020-04-07 | ฿0.18 | semi annually | 2020-04-30 |
2019-08-21 | ฿0.24 | semi annually | 2019-09-06 |
2019-04-04 | ฿0.33 | semi annually | 2019-04-26 |
2018-08-23 | ฿0.30 | semi annually | 2018-09-07 |
2018-04-03 | ฿0.35 | semi annually | 2018-04-27 |
2017-08-22 | ฿0.25 | semi annually | 2017-09-08 |
2017-04-04 | ฿0.34 | semi annually | 2017-04-28 |
2016-08-22 | ฿0.30 | semi annually | |
2016-04-04 | ฿0.32 | semi annually | |
2015-08-19 | ฿0.12 | semi annually | |
2015-04-07 | ฿0.15 | semi annually | |
2014-08-26 | ฿0.67 | semi annually |
Sahamitr Pressure Container Dividend per year
Sahamitr Pressure Container Dividend growth
Sahamitr Pressure Container Dividend Yield
Sahamitr Pressure Container current trailing twelve-month (TTM) dividend yield is 6.19%. Interested in purchasing Sahamitr Pressure Container stock? Use our calculator to estimate your expected dividend yield:
Sahamitr Pressure Container Financial Ratios
Sahamitr Pressure Container Dividend FAQ
Other factors to consider when evaluating Sahamitr Pressure Container 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: Sahamitr Pressure Container'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, Sahamitr Pressure Container 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, Sahamitr Pressure Container 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 Sahamitr Pressure Container 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: Sahamitr Pressure Container 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, Sahamitr Pressure Container distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sahamitr Pressure Container 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 Sahamitr Pressure Container'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 Sahamitr Pressure Container'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.