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STC Concrete Product Public Company Limited manufactures and distributes precast concrete products in Thailand. It offers ready-mixed concrete products, aggregates, precast concrete slabs, prestressed concrete piles, and prefabricated fence plates, as well as concrete mixed finish, concrete drain, and brick block moisture proof products under the STC CONCRETE name. The company was founded in 1988 and is headquartered in Pattaya, Thailand.

STC Concrete Product Dividend Announcement

STC Concrete Product announced a annually dividend of ฿0.03 per ordinary share which will be made payable on 2023-05-08. Ex dividend date: 2023-03-09
STC Concrete Product annual dividend for 2023 was ฿0.03
STC Concrete Product's trailing twelve-month (TTM) dividend yield is -%
STC Concrete Product's payout ratio for the trailing twelve months (TTM) is -0.01%

STC Concrete Product Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-09฿0.03annually2023-05-08
2021-03-11฿0.02annually2021-05-06
2020-03-06฿0.10annually2020-04-24

STC Concrete Product Dividend per year

STC Concrete Product Dividend Yield

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

STC Concrete Product Financial Ratios

P/E ratio-284.87
PEG ratio-42.76
P/B ratio0.90
ROE-0.32%
Payout ratio-0.01%
Current ratio0.69
Quick ratio0.50
Cash Ratio0.01

STC Concrete Product Dividend FAQ

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