Table of Contents

company-logo

Siam Technic Concrete Public Company Limited manufactures and distributes prestressed concrete products in Thailand. Its products include PC spun, square, hollow square, and i-section products, electric poles, cross arm spun, beams, stubs, planks, sheet piles, box girders, plank girders, and I girders to government and private sectors. The company also provides concrete product transportation services; installation and piling services; and construction services for housing, office buildings, factories, warehouses, and other infrastructures. The company was founded in 2001 and is headquartered in Bangkok, Thailand.

Siam Technic Concrete Dividend Announcement

• Siam Technic Concrete announced a annually dividend of ฿0.03 per ordinary share which will be made payable on 2023-05-19. Ex dividend date: 2023-03-14
• Siam Technic Concrete annual dividend for 2023 was ฿0.03
• Siam Technic Concrete's trailing twelve-month (TTM) dividend yield is -%

Siam Technic Concrete Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-14฿0.03annually2023-05-19
2022-03-14฿0.05annually2022-05-20

Siam Technic Concrete Dividend per year

Siam Technic Concrete Dividend Yield

Siam Technic Concrete current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Siam Technic Concrete stock? Use our calculator to estimate your expected dividend yield:

Siam Technic Concrete Financial Ratios

P/E ratio7.15
PEG ratio1.27
P/B ratio0.64
ROE9.25%
Payout ratio0.00%
Current ratio0.97
Quick ratio0.55
Cash Ratio0.13

Siam Technic Concrete Dividend FAQ

Does Siam Technic Concrete stock pay dividends?
Siam Technic Concrete does not currently pay dividends to its shareholders.
Has Siam Technic Concrete ever paid a dividend?
No, Siam Technic Concrete has no a history of paying dividends to its shareholders. Siam Technic Concrete is not known for its dividend payments.
Why doesn't Siam Technic Concrete pay dividends?
There are several potential reasons why Siam Technic Concrete 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.
Will Siam Technic Concrete 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 Siam Technic Concrete 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 Siam Technic Concrete a dividend aristocrat?
Siam Technic Concrete 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 Siam Technic Concrete a dividend king?
Siam Technic Concrete 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 Siam Technic Concrete a dividend stock?
No, Siam Technic Concrete 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 Siam Technic Concrete stocks?
To buy Siam Technic Concrete 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 Siam Technic Concrete 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.