The Steel Public Company Limited engages in the selling and transforming of hot rolled coils and sheets, and structural steel products in Thailand. It offers hot and cold rolled steel, and galvanized steel coils; and structural cold rolled LIP channel steel products, carbon steel square and rectangular steel pipes, and carbon steel round pipes. The company also provides structural steel products, including H-beams, I-beams, wide flanges, steel sheet piles, angle and channel steel bars, hot and cold rolled steel sheets, hot dip galvanized steel sheets, and checkered plates; and round and deformed steel bars. In addition, it processes hot rolled coils into other forming products, such as slitting coils and cutting sheets, including c-channel and steel pipes; and offers logistic services. The company was formerly known as Thai Yuan Metal Public Company Limited and changed its name to The Steel Public Company Limited in July 2014. The Steel Public Company Limited was founded in 1991 and is headquartered in Bangkok, Thailand.
Steel Dividend Announcement
• Steel announced a annually dividend of ฿0.10 per ordinary share which will be made payable on 2023-05-18. Ex dividend date: 2023-03-14
• Steel annual dividend for 2023 was ฿0.10
• Steel's trailing twelve-month (TTM) dividend yield is -%
• Steel's payout ratio for the trailing twelve months (TTM) is -0.00%
Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-03-14 | ฿0.10 | annually | 2023-05-18 |
2022-05-30 | ฿0.10 | annually | 2022-06-15 |
2021-05-27 | ฿0.20 | annually | 2021-06-10 |
2020-08-27 | ฿0.03 | annually | 2020-09-11 |
2019-08-27 | ฿0.03 | annually | 2019-09-12 |
2019-03-11 | ฿0.05 | annually | 2019-05-24 |
2018-03-13 | ฿0.10 | annually | 2018-05-24 |
2017-03-13 | ฿0.10 | annually | 2017-05-24 |
2016-08-26 | ฿0.40 | annually | |
2013-03-08 | ฿0.05 | annually | |
2012-03-06 | ฿0.01 | annually | |
2011-03-09 | ฿0.01 | annually | |
2009-04-21 | ฿0.01 | annually |
Steel Dividend per year
Steel Dividend growth
Steel Dividend Yield
Steel current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Steel stock? Use our calculator to estimate your expected dividend yield:
Steel Financial Ratios
Steel Dividend FAQ
Other factors to consider when evaluating Steel 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: Steel'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, Steel 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, Steel 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 Steel 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: Steel 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, Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Steel 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 Steel'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 Steel'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.