Thachang Green Energy Public Company Limited engages in the production and management of renewable energy in Thailand. It generates and supplies electricity from biomass raw materials and municipal solid waste; sells steam and water; and offers waste management and construction services. The company was founded in 2011 and is based in Surat Thani, Thailand.
Thachang Green Energy Dividend Announcement
• Thachang Green Energy announced a annually dividend of ฿0.00 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-03
• Thachang Green Energy annual dividend for 2024 was ฿0.00
• Thachang Green Energy annual dividend for 2023 was ฿0.00
• Thachang Green Energy's trailing twelve-month (TTM) dividend yield is 0.11%
• Thachang Green Energy's payout ratio for the trailing twelve months (TTM) is 2.33%
Thachang Green Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | ฿0.00 | annually | 2024-05-24 |
2023-03-14 | ฿0.00 | annually | 2023-05-19 |
Thachang Green Energy Dividend per year
Thachang Green Energy Dividend Yield
Thachang Green Energy current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Thachang Green Energy stock? Use our calculator to estimate your expected dividend yield:
Thachang Green Energy Financial Ratios
Thachang Green Energy 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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