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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 dateDividend amountDividend typePay date
2024-05-07฿0.03annually2024-05-27
2023-05-03฿0.04annually2023-05-26

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

P/E ratio17.36
PEG ratio0.17
P/B ratio0.94
ROE5.48%
Payout ratio52.59%
Current ratio0.81
Quick ratio0.73
Cash Ratio0.01

Star Money Dividend FAQ

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