Sri Trang Gloves (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes rubber gloves in Thailand, Singapore, the United States, China, Germany, Brazil, Japan, and internationally. It operates in two segments, Gloves and Other Businesses. The company provides natural latex and nitrile examination gloves, as well as general-purpose disposable gloves in powdered and powder-free forms under various brand names for a range of applications, including healthcare and medical, as well as food processing and handling, manufacturing, and lifestyle markets. It is also involved in the engineering business; and rental property business, as well as financial asset management and financial investment business. The company was incorporated in 1989 and is headquartered in Hat Yai, Thailand. Sri Trang Gloves (Thailand) Public Company Limited is a subsidiary of Sri Trang Agro-Industry Public Company Limited.
Sri Trang Gloves Dividend Announcement
• Sri Trang Gloves announced a annually dividend of ฿0.50 per ordinary share which will be made payable on . Ex dividend date: 2024-04-18
• Sri Trang Gloves annual dividend for 2024 was ฿0.50
• Sri Trang Gloves annual dividend for 2023 was ฿0.25
• Sri Trang Gloves's trailing twelve-month (TTM) dividend yield is 4.59%
• Sri Trang Gloves's payout ratio for the trailing twelve months (TTM) is 361.39%
Sri Trang Gloves Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-18 | ฿0.50 | annually | |
2023-04-19 | ฿0.25 | annually | 2023-05-08 |
2022-08-23 | ฿0.50 | annually | 2022-09-07 |
2022-04-19 | ฿0.65 | annually | 2022-05-05 |
2021-11-19 | ฿1.25 | annually | 2021-12-07 |
2021-08-23 | ฿1.25 | annually | 2021-09-07 |
2021-05-25 | ฿1.50 | annually | 2021-06-10 |
2021-04-12 | ฿2.00 | annually | 2021-04-28 |
2020-11-27 | ฿1.25 | annually | 2020-12-09 |
Sri Trang Gloves Dividend per year
Sri Trang Gloves Dividend growth
Sri Trang Gloves Dividend Yield
Sri Trang Gloves current trailing twelve-month (TTM) dividend yield is 4.59%. Interested in purchasing Sri Trang Gloves stock? Use our calculator to estimate your expected dividend yield:
Sri Trang Gloves Financial Ratios
Sri Trang Gloves Dividend FAQ
Other factors to consider when evaluating Sri Trang Gloves 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: Sri Trang Gloves'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, Sri Trang Gloves 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, Sri Trang Gloves 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 Sri Trang Gloves 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: Sri Trang Gloves 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, Sri Trang Gloves distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sri Trang Gloves 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 Sri Trang Gloves'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 Sri Trang Gloves'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.