Somboon Advance Technology Public Company Limited, together with its subsidiaries, manufactures and sells pick-up axles and truck trunnion shafts in Thailand. It offers axle shafts, disc and drum brakes, leaf and coil springs, stabilizer bars, exhaust manifolds, hot coil springs, inner shafts, stabilizer bars, flywheel, and camshafts. The company's products have applications in passenger cars, pickup trucks, trucks, and agricultural machinery. Further, the company offers case bevel and case front gears, holder front and rear products, cover and case front axle, case rear and brake products, and case hydraulic cylinders; and case unloader, roller 275, frame tension, guide crawler, roller guide, ass'y blade, knift guard, and v-pulley products. In addition, it rents and invests in real estate. The company serves original equipment manufacturers and replacement equipment manufacturers. Somboon Advance Technology Public Company Limited was founded in 1995 and is headquartered in Bang Phli, Thailand.
Somboon Advance Technology Dividend Announcement
• Somboon Advance Technology announced a semi annually dividend of €0.01 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-21
• Somboon Advance Technology annual dividend for 2024 was €0.04
• Somboon Advance Technology annual dividend for 2023 was €0.04
• Somboon Advance Technology's trailing twelve-month (TTM) dividend yield is 13.37%
• Somboon Advance Technology's payout ratio for the trailing twelve months (TTM) is 89.36%
• Somboon Advance Technology's dividend growth over the last five years (2018-2023) was 9.10% year
• Somboon Advance Technology's dividend growth over the last ten years (2013-2023) was 9.08% year
Somboon Advance Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | €0.01 | semi annually | 2024-09-06 |
2024-03-06 | €0.03 | semi annually | |
2023-08-23 | €0.01 | semi annually | 2023-09-06 |
2023-03-08 | €0.03 | semi annually | 2023-05-03 |
2022-08-24 | €0.01 | semi annually | 2022-09-06 |
2022-03-07 | €0.03 | semi annually | 2022-05-06 |
2021-08-25 | €0.01 | semi annually | 2021-09-07 |
2021-03-03 | €0.01 | semi annually | 2021-05-07 |
2020-08-19 | €0.00 | semi annually | 2020-09-03 |
2020-03-04 | €0.03 | semi annually | 2020-04-28 |
2019-08-22 | €0.01 | semi annually | 2019-09-06 |
2019-02-27 | €0.03 | semi annually | 2019-05-07 |
2018-08-23 | €0.01 | semi annually | 2018-09-06 |
2018-02-28 | €0.02 | semi annually | 2018-05-04 |
2017-08-24 | €0.01 | semi annually | 2017-09-06 |
2017-03-02 | €0.01 | semi annually | 2017-05-02 |
2016-08-22 | €0.00 | semi annually | |
2016-03-01 | €0.01 | semi annually | |
2015-08-21 | €0.00 | semi annually | |
2015-03-02 | €0.01 | semi annually | |
2014-08-20 | €0.01 | semi annually | |
2014-03-05 | €0.00 | semi annually | |
2013-08-21 | €0.01 | semi annually | |
2013-04-24 | €0.01 | semi annually |
Somboon Advance Technology Dividend per year
Somboon Advance Technology Dividend growth
Somboon Advance Technology Dividend Yield
Somboon Advance Technology current trailing twelve-month (TTM) dividend yield is 13.37%. Interested in purchasing Somboon Advance Technology stock? Use our calculator to estimate your expected dividend yield:
Somboon Advance Technology Financial Ratios
Somboon Advance Technology Dividend FAQ
Other factors to consider when evaluating Somboon Advance Technology 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: Somboon Advance Technology'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, Somboon Advance Technology 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, Somboon Advance Technology 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 Somboon Advance Technology 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: Somboon Advance Technology 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, Somboon Advance Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Somboon Advance Technology 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 Somboon Advance Technology'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 Somboon Advance Technology'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.