SCB X Public Company Limited operates as a holding company for The Siam Commercial Bank Public Company Limited that provides various financial products and services. The company offers various personal banking products and services, including savings, current, fixed deposit, and long term deposit accounts; payroll solutions; home, car, and personal loans; accident, savings, health expense, and other insurance services; debit, credit, prepaid, and gift cards; mutual funds, bonds, debentures, and other investment products; and payment, digital banking, and other services. It also provides corporate banking products and services comprising credit facilities; financial advisory and merger acquisition services; fixed income instrument and underwriting, structured finance, and project finance services; foreign exchange rate risk management, interest rate risk management, and investment solutions; cash management services; custodian, mutual fund supervisory, registrar, escrow and security agency, debenture's holder representative, and custodian net services; and international trade remittance and digital banking services. In addition, the company engages in the office spaces leasing, hire-purchase, vehicle lending and leasing, and research and development businesses. Further, it provides debt collection services; and food ordering platform and other technological solutions. The company provides its products and services through its head office and branch network in Thailand; and through its branches in Singapore, Hong Kong, Laos, Vietnam, China, and the Cayman Islands. The company was formerly known as SCB Holdings Public Company Limited. SCB X Public Company Limited was founded in 1906 and is headquartered in Bangkok, Thailand.
SCB X Dividend Announcement
• SCB X announced a semi annually dividend of ฿2.00 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-05
• SCB X annual dividend for 2024 was ฿9.84
• SCB X annual dividend for 2023 was ฿7.69
• SCB X's trailing twelve-month (TTM) dividend yield is 8.71%
• SCB X's payout ratio for the trailing twelve months (TTM) is 80.53%
SCB X Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | ฿2.00 | semi annually | 2024-09-23 |
2024-04-17 | ฿7.84 | semi annually | |
2023-09-13 | ฿2.50 | semi annually | 2023-09-29 |
2023-04-17 | ฿5.19 | semi annually | 2023-05-03 |
2022-10-12 | ฿1.50 | semi annually | 2022-11-03 |
SCB X Dividend per year
SCB X Dividend growth
SCB X Dividend Yield
SCB X current trailing twelve-month (TTM) dividend yield is 8.71%. Interested in purchasing SCB X stock? Use our calculator to estimate your expected dividend yield:
SCB X Financial Ratios
SCB X Dividend FAQ
Other factors to consider when evaluating SCB X 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: SCB X'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, SCB X 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, SCB X 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 SCB X 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: SCB X 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, SCB X distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SCB X 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 SCB X'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 SCB X'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.