Sino-Thai Engineering and Construction Public Company Limited, together with its subsidiaries, provides construction services in Thailand. It is involved in the construction of infrastructure development projects, including mass transit transportations, elevated roads, highways, roads, bridges, dams, jetty work, and other projects. The company also constructs industrial projects consisting of factories and chemical plants; building projects comprising office buildings, condominiums, housing projects, resorts, hangers, stadiums, convention centers, museums, hospitals, schools, and airport terminals; and power, gas, and energy projects, as well as environmental projects, such as waste water and solid waste treatment, basins, water supply, and piping systems. In addition, it is involved in the rental of office buildings, machinery, and construction equipment; provision of document storage services; development of real estate projects; and electricity generation activities. The company was founded in 1962 and is based in Bangkok, Thailand.
Sino-Thai Engineering and Construction Dividend Announcement
• Sino-Thai Engineering and Construction announced a annually dividend of ฿0.15 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• Sino-Thai Engineering and Construction annual dividend for 2024 was ฿0.15
• Sino-Thai Engineering and Construction annual dividend for 2023 was ฿0.30
• Sino-Thai Engineering and Construction's trailing twelve-month (TTM) dividend yield is 2.31%
• Sino-Thai Engineering and Construction's payout ratio for the trailing twelve months (TTM) is 95.24%
Sino-Thai Engineering and Construction Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | ฿0.15 | annually | |
2023-03-23 | ฿0.30 | annually | 2023-05-26 |
2022-03-24 | ฿0.25 | annually | 2022-05-27 |
2021-03-25 | ฿0.30 | annually | 2021-05-28 |
2020-03-24 | ฿0.30 | annually | 2020-04-24 |
2019-03-19 | ฿0.50 | annually | 2019-05-24 |
2017-03-01 | ฿0.22 | annually | 2017-05-04 |
2016-03-23 | ฿0.33 | annually | |
2015-03-09 | ฿0.40 | annually | |
2014-03-11 | ฿0.50 | annually | |
2013-03-12 | ฿0.04 | annually | |
2012-03-14 | ฿0.57 | annually |
Sino-Thai Engineering and Construction Dividend per year
Sino-Thai Engineering and Construction Dividend growth
Sino-Thai Engineering and Construction Dividend Yield
Sino-Thai Engineering and Construction current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing Sino-Thai Engineering and Construction stock? Use our calculator to estimate your expected dividend yield:
Sino-Thai Engineering and Construction Financial Ratios
Sino-Thai Engineering and Construction Dividend FAQ
Other factors to consider when evaluating Sino-Thai Engineering and Construction 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: Sino-Thai Engineering and Construction'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, Sino-Thai Engineering and Construction 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, Sino-Thai Engineering and Construction 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 Sino-Thai Engineering and Construction 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: Sino-Thai Engineering and Construction 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, Sino-Thai Engineering and Construction distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sino-Thai Engineering and Construction 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 Sino-Thai Engineering and Construction'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 Sino-Thai Engineering and Construction'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.