Siam Steel Service Center Public Company Limited, together with its subsidiaries, manufactures and sells steel accessories in Thailand and internationally. The company offers cutting sheets and slitting coils; and coated corrugated sheets for construction industries. It also provides metal roofing and wall panel installation, and steel cutting services; and special production and services. The company serves its customers in construction, automobile, electrical appliance, electronics, and furniture industries, etc. Siam Steel Service Center Public Company Limited was founded in 1985 and is headquartered in Samut Prakan, Thailand.
Siam Steel Service Center Dividend Announcement
• Siam Steel Service Center announced a annually dividend of ฿0.22 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-09
• Siam Steel Service Center annual dividend for 2024 was ฿0.22
• Siam Steel Service Center annual dividend for 2023 was ฿0.18
• Siam Steel Service Center's trailing twelve-month (TTM) dividend yield is 10.0%
• Siam Steel Service Center's payout ratio for the trailing twelve months (TTM) is 74.80%
• Siam Steel Service Center's dividend growth over the last five years (2018-2023) was 2.31% year
• Siam Steel Service Center's dividend growth over the last ten years (2013-2023) was -25.68% year
Siam Steel Service Center Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | ฿0.22 | annually | 2024-05-24 |
2023-05-08 | ฿0.18 | annually | 2023-05-26 |
2022-05-09 | ฿0.23 | annually | 2022-05-27 |
2021-05-10 | ฿0.11 | annually | 2021-05-28 |
2020-05-08 | ฿0.17 | annually | 2020-05-22 |
2019-05-08 | ฿0.17 | annually | 2019-05-29 |
2018-05-08 | ฿0.17 | annually | 2018-05-28 |
2017-05-04 | ฿2.20 | annually | 2017-05-26 |
2016-05-09 | ฿1.60 | annually | |
2015-05-07 | ฿2.60 | annually | |
2014-05-07 | ฿3.80 | annually | |
2013-05-07 | ฿3.60 | annually |
Siam Steel Service Center Dividend per year
Siam Steel Service Center Dividend growth
Siam Steel Service Center Dividend Yield
Siam Steel Service Center current trailing twelve-month (TTM) dividend yield is 10.0%. Interested in purchasing Siam Steel Service Center stock? Use our calculator to estimate your expected dividend yield:
Siam Steel Service Center Financial Ratios
Siam Steel Service Center Dividend FAQ
Other factors to consider when evaluating Siam Steel Service Center 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: Siam Steel Service Center'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, Siam Steel Service Center 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, Siam Steel Service Center 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 Siam Steel Service Center 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: Siam Steel Service Center 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, Siam Steel Service Center distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Siam Steel Service Center 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 Siam Steel Service Center'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 Siam Steel Service Center'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.