Star Money Public Company Limited primarily distributes electrical appliances in Thailand. The company distributes electrical appliances, such as televisions, refrigerators, washing machines, air-conditioners, freezers, smartphones, etc. through 16 branches in the Rayong and Chanthaburi provinces of Thailand. It also provides car, motorcycle, agricultural vehicle, and commercial vehicle loans; and car, fire, accident, health, and travel insurance brokerage services. The company was founded in 1987 and is headquartered in Klaeng, Thailand.
Star Money Dividend Announcement
• Star Money announced a annually dividend of ฿0.03 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-07
• Star Money annual dividend for 2024 was ฿0.03
• Star Money annual dividend for 2023 was ฿0.04
• Star Money's trailing twelve-month (TTM) dividend yield is 3.03%
• Star Money's payout ratio for the trailing twelve months (TTM) is 52.59%
Star Money Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | ฿0.03 | annually | 2024-05-27 |
2023-05-03 | ฿0.04 | annually | 2023-05-26 |
Star Money Dividend per year
Star Money Dividend Yield
Star Money current trailing twelve-month (TTM) dividend yield is 3.03%. Interested in purchasing Star Money stock? Use our calculator to estimate your expected dividend yield:
Star Money Financial Ratios
Star Money Dividend FAQ
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.
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