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Sky Tower Public Company Limited, together with its subsidiaries, provides infrastructure for electric power and telecom in Thailand. The company manufactures high-voltage transmission towers and substations, steel structures, and telecommunication towers. It also provides galvanizing services; and distributes power transmission equipment. In addition, it is involved in the operation of biomass plants; and trading and investing activities. Further, the company manufactures and sells agricultural products and woodchips, as well as sells industrial products. The company was formerly known as Ua Withya Public Company Limited and changed its name to Sky Tower Public Company Limited in July 2021. Sky Tower Public Company Limited was incorporated in 1967 and is headquartered in Bangkok, Thailand.

Sky Tower Dividend Announcement

• Sky Tower announced a annually dividend of ฿0.00 per ordinary share which will be made payable on . Ex dividend date: 2016-05-10
• Sky Tower's trailing twelve-month (TTM) dividend yield is -%

Sky Tower Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-05-10฿0.00annually

Sky Tower Dividend per year

Sky Tower Dividend Yield

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

Sky Tower Financial Ratios

P/E ratio-1.35
PEG ratio-0.01
P/B ratio0.30
ROE-21.22%
Payout ratio0.00%
Current ratio2.77
Quick ratio2.10
Cash Ratio0.29

Sky Tower Dividend FAQ

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